Fintech / Regtech

Philippine Banks to Launch PHP Stablecoin Later This Year

16/01/2025

UnionBank, RCBC, Cantilan Bank and Rural Bank of Guinobatan are collaborating to launch a peso-backed stablecoin known as PHPX

Market Infrastructure

Pakistan Explores Secondary Listings on Hong Kong Exchange

16/01/2025

Pakistan will also issue yuan-denominated panda bonds in June with the aim of raising funds from Chinese investors

AML / KYC

Australia Launches Nationwide Scam Awareness Campaign

16/01/2025

The ‘Fighting Scams Campaign’ aims to increase awareness and action of “three simple, memorable steps” to safeguard against scams.

Securities / Derivatives

Hong Kong LegCo Passes Bill to Enable Treasury Share Regime

16/01/2025

The bill promotes paperless corporate communications and allows Hong Kong-incorporated listed companies to buy and hold treasury shares.

Market Infrastructure

HKMA, PBOC Unveil Measures to Further Deepen Connectivity

15/01/2025

The measures include a new trade finance liquidity facility for CNY funds and an expansion of the Southbound leg of Bond Connect, among others

Philippine SEC Directs Listed Firms to Disclose Auditor Fees

15/01/2025

Listed firms must disclose the fees paid to external auditors in their annual financial statements for the period ending 31 December 2024, and thereafter.

Fintech / Regtech

HK Credit Data Platform Lowers Access Barrier for Small FIs

14/01/2025

Platform operator HKICL has developed a new interface that provides a lower-cost and more convenient way for lenders to connect to Credit Data Smart.

Capital / Liquidity

HKMA Consults on Treatment of Bank Exposures to Cryptoassets

14/01/2025

HKMA intends to implement the BCBS standards on the prudential treatment of cryptoasset exposures and the disclosure requirements on 1 January 2026

AML / KYC

HKAB Updates AML/CFT FAQs to Align with Revised AMLO

14/01/2025

The updated FAQs align with the AMLO amendments that came into force last year and provide additional guidance on dual-use goods.