Markets & Infrastructure

    Payments & Settlements

    RBI to Extend RTGS, NEFT Connectivity to Nonbanks

    By Editors | 10/04/2021

    Digital wallet providers and card networks will be able to directly connect to the RTGS and NEFT systems.

    Structural Regulation

    Shenzhen Stock Exchange Merges Main, SME Boards

    By Sanday Chongo Kabange | 10/04/2021

    The merger will enable companies to better leverage the capital market for growth and improve overall efficiency, the SZSE said.

    Conduct, Culture & Accountability

    Australian Court Orders Penalty Against CBA for Overcharged Interest

    By Editors | 10/04/2021

    CBA was ordered to pay A$7mn for a systems error that resulted in over 1,500 customers being charged a higher interest rate on overdraft accounts.

    CBDCs

    PBOC Starts Testing Digital Yuan in Hong Kong

    By Sanday Chongo Kabange | 10/04/2021

    Hong Kong residents participating in pilot tests can use the digital yuan for purchases in Shenzhen.

    Market Data & Technology

    HoSE Pledges to Launch New Trading System by Year-end

    By Sanday Chongo Kabange | 10/04/2021

    HoSE will use all available resources to accelerate implementation and make the new system operational within this year.

    Structural Regulation

    Shanghai Bourse Tightens Scrutiny Over Bond Issuance

    By Sanday Chongo Kabange | 10/04/2021

    The SSE has launched onsite inspections to bolster the quality of information disclosure and due diligence by underwriters.

    Trading & Investment

    SGX, NZX Sign Partnership on Dairy Derivatives

    By Editors | 10/04/2021

    NZX intends to delist its suite of dairy derivatives contracts from the NZX Derivatives Market and relist equivalent contracts on SGX.

    Structural Regulation

    Overseas Filipino Bank Obtains Digital Bank Licence

    By Ranamita Chakraborty | 09/04/2021

    Overseas Filipino Bank, formed as a policy bank to provide services to overseas Filipinos, has been granted a digital banking licence.

    Structural Regulation

    PBOC Finalises Standards for Financial Holding Company Executives

    By Manesh Samtani | 08/04/2021

    The regulations clarify the qualifications and filing procedures for directors, supervisors, and senior managers of financial holding companies.

    Operational Risk

    UPDATED – Bangladesh: Banks, Stock Exchanges Shorten Work Hours

    By Editors | 08/04/2021

    Banks were asked to carry out all transactions from 10am to 12.30pm during the lockdown and to only keep branches open until 2pm.

    JOIN OUR NEWSLETTER

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