Markets & Infrastructure

Structural Regulation

TWSE to Launch New Innovation Board in Q3 This Year

By Editors | 21/01/2021

Companies will be required to meet a market cap threshold of TWD 1.5 billion to list on the new ‘Taiwan Innovation Board’, and profitability requirements will be eased.

Payments & Settlements

PBOC Proposes to Tighten Oversight of Non-bank Payments Firms

By Manesh Samtani | 21/01/2021

If the PBOC identifies a non-bank payment institution as a monopoly, it can advise the State Council’s antitrust committee to take action to break up the firm.

Structural Regulation

Japan FSA Opens New Dedicated Office for Foreign Firms

By Editors | 21/01/2021

The new office will handle pre-application consultation, registration and supervision, with all communications available in English.

Structural Regulation

Hong Kong, Thailand Agree Mutual Recognition of Funds

By Editors | 20/01/2021

Each Hong Kong or Thai fund approved under the MRF scheme will have to appoint a firm in the other market to serve as its representative.

Emerging Prudential Risks

FSB Publishes Work Programme for Year Ahead

By Editors | 20/01/2021

The work programme includes initiatives to strengthen NBFI resilience, enhance cross border payments, and address climate change, among other priorities.

Structural Regulation

Rakuten Launches First Digital-only Bank in Taiwan

By Editors | 20/01/2021

Rakuten International Commercial Bank was one of three groups granted authorisation to set up a digital bank in July 2019.

Clearing & Post-Trade

Clearinghouses Consider Early LIBOR Switch for Derivatives – Report

By Editors | 20/01/2021

LCH and CME Group could carry out a switchover in late November or early December for LIBOR derivatives to protect from tight liquidity in the benchmark’s final days.

Market Data & Technology

GLEIF Enhances LEI Search Engine, Automates Access to LEI Data

By Editors | 19/01/2021

A new API enables third-party developers to automate searches and retrieve higher quality LEI data from within their application environments.

Anti-Money Laundering

Lessons Learned From APAC’s Landmark Year of AML Fines

By Payal Patel | 19/01/2021

Drawing from landmark penalties in 2020, FINTRAIL’s Payal Patel and Sara Abbasi identify key lessons to help financial institutions guard against financial crime.