Market Infrastructure

HKIFA Proposes Enhancements for ETF Connect Initiative

24/07/2024

HKIFA says Stock Connect ETF eligibility requirements should be further relaxed and Hong Kong issuers should be allowed to market in the mainland.

Fintech / Regtech

APRA Issues Final Version of Digital Prudential Handbook

24/07/2024

The handbook brings together all of APRA’s prudential standards, prudential practice guides and relevant supporting information in one place.

Enforcement

Hong Kong Court Jails Three in Landmark Manipulation Case

23/07/2024

The jail sentences are the heaviest and longest imposed for market manipulation since the SFO came into effect in 2003.

Capital / Liquidity

APRA Requires OnePath Custodians to Pay A$10.7m

23/07/2024

Deputy Chair Margaret Cole said APRA’s patience for entities who are still struggling with foundational issues has “run out”.

Crypto / Digital Assets

Hong Kong Lists Asia’s First Inverse Bitcoin ETF

23/07/2024

The new ETF was issued by CSOP Asset Management, which was also first to launch Asia’s first crypto futures ETFs in December 2022.

ASIC Signs Data Sharing MoU With Information Commissioner

22/07/2024

ASIC and the OAIC will share data and privacy breach information to enable both agencies to perform their functions more effectively.

ESG / Sustainability

New Zealand FMA Issues Draft Disclosure Guidance for CREs

22/07/2024

The guidance describes how climate reporting entities should refer to climate statements in documents such as PDS and annual reports.

Market Infrastructure

Indonesia, UAE Central Banks Enhance Payments Cooperation

22/07/2024

BI and CBUAE will create a cross-border QR payment linkage that will use direct local currency exchange rate quotations from appointed dealer banks.

Market Infrastructure

HKEX to Allow Secondary Listings from UAE Stock Exchanges

22/07/2024

Companies with primary listings at Abu Dhabi Securities Exchange and Dubai Financial Market can apply for a secondary listing in Hong Kong.