Trading & Investment

SEBI Issues Modified Guidelines for Mutual Fund Schemes

07/03/2021

The cumulative gross exposure limit through equity, debt, derivative positions may not exceed 100% of the net assets of the mutual fund scheme.

Reporting & Disclosures

Japan FSA To Review ESG Fund Labelling Rules

04/03/2021

Discussions with asset managers and fund distributors may start by June to assess whether rules for mutual fund labels can guard against greenwashing.

Sustainable Finance

UK to Issue First Sovereign Green Bonds for Retail Investors

03/03/2021

The savings bonds will fund projects in areas such as renewable energy and clean transportation and will go on sale to retail investors this year.

Trading & Investment

TWSE Lowers Investment Threshold for New Innovation Board

03/03/2021

Individuals with a net worth of TWD 10 million will be allowed to invest in TIB-listed firms, down from the TWD 30 million minimum that was earlier planned.

Structural Regulation

SSE, SZSE Agree Mechanism for NEEQ Firms to Transfer Listings

03/03/2021

NEEQ-listed companies that have total equity of at least CNY 30 million and at least 1,000 shareholders can transfer to the SSE STAR Market or the SZSE’s GEM board.

Payments & Settlements

European Banks Push Ahead with Payments Network Plans

02/03/2021

The European Payments Initiative, launched last July, could have a new pan-European payments network in place by 2025.

Credit Risk

Bangladesh Bank Revises Credit Risk Rating System

01/03/2021

Bangladesh Bank has directed lenders to consider either 2019 or 2020 audited financial statements when determining borrowers’ credit risk ratings for 2021.

CBDCs

BOK to Establish CBDC Pilot System Within March

01/03/2021

The BOK has almost completed the design and technical study of its CBDC, but does not intend to rush into the pilot before undertaking legal and regulatory assessments.

Trading & Investment

SZSE Launches Technical Systems for Publicly Offered REITs

01/03/2021

A review system, information disclosure website and offline offering system went live on 1 March, completing the SZSE’s technical preparatory work for a national REITs pilot programme.