Market Infrastructure

    Fintech / Regtech

    Financial Firms Offered Incentives to Set Up Shop in Shenzhen

    By Sanday Chongo Kabange | 19/04/2022

    Newly registered financial enterprises that choose to be headquartered in Shenzhen will be offered a one-off incentive worth up to CNY 50 million.

    ESG / Sustainability

    FSA Issues Guidance to Japanese FIs on Using NGFS Scenarios

    By Editors | 19/04/2022

    The guidance will help Japanese financial institutions use of the NGFS scenarios to conduct climate-related financial risk analysis, the FSA said.

    Market Infrastructure

    China to Unify Domestic Markets to Prevent Unfair Competition

    By Editors | 19/04/2022

    China will cultivate a unified national ecological and environment market and create unified carbon emissions and water rights trading markets.

    Market Infrastructure

    RBI to Simplify E-Commerce Payment Settlement Process

    By Editors | 15/04/2022

    Foreign entities seeking to operate as payment gateways and aggregators for e-commerce-related export and import transactions would have to be authorised in India.

    ESG / Sustainability

    Canada to Require Climate Disclosures for FIs from 2024

    By Editors | 14/04/2022

    The OSFI will consult financial institutions on climate disclosures guidelines that will phase in mandatory TCFD-aligned reporting beginning in 2024.

    Crypto / Digital Assets

    ASEAN Ministers, Central Banks Prioritise Financial Stability, Inclusion

    By Sanday Chongo Kabange | 14/04/2022

    Finance ministers and central bankers have committed to promoting financial stability, financial inclusion and banking integration in the ASEAN region.

    Fintech / Regtech

    DTCC to Explore Use of CBDC in Clearing and Settlement

    By Sanday Chongo Kabange | 14/04/2022

    Project Lithium will explore how a CBDC can reduce counterparty risk and trapped liquidity, increase capital efficiency and enable atomic settlement.

    Market Infrastructure

    Singapore Starts Licensing Cybersecurity Service Providers

    By Darien Choong | 14/04/2022

    Firms that provide penetration testing or managed security operations centre monitoring services have to apply for a licence by 11 October.

    ESG / Sustainability

    European Commission Consults on ESG Ratings Market

    By Editors | 13/04/2022

    The consultation will feed into an impact assessment being prepared this year to evaluate whether a policy initiative on ESG ratings is needed.

    Market Infrastructure

    HKEX Set to Launch New Electronic Communication Platform

    By Editors | 12/04/2022

    Phase 1 of the rollout will allow exchange participants to use the new platform to download day-end trade files and closing price files, starting from 25 April.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.