Markets & Infrastructure

Trading & Investment

China: SAFE Allocates $9bn in Additional Quotas to QDIIs

By Editors | 19/01/2021

90% of the new quotas were granted to 14 fund managers, including China Southern Asset Management, E Fund Management, Bosera Asset Management and Harvest Fund Management.

Credit Risk

Credit Quality Assessment a Challenge for China Bond Investors

By Manesh Samtani | 19/01/2021

Challenges assessing the credit quality of underlying corporates in China’s onshore bond market has been one of the key barriers for foreign investors, ICMA says in a new report.

Structural Regulation

PBOC, CBIRC Restrict Online Sale of Deposit Products by Banks

By Editors | 19/01/2021

The PBOC and CBIRC have formally barred banks from selling personal fixed deposit products online via third party platforms, citing regulatory violations.

Structural Regulation

UPDATED – PBOC Says Ant Group Working to Overhaul Business Structure

By Editors | 19/01/2021

Ant Group is drawing up a timetable to fold its financial operations into a holding company, under the guidance of regulators.

Trading & Investment

China Approves Peanut Futures Trading Starting 1 February

By Editors | 18/01/2021

China is also planning to launch new commodity derivatives in natural gas and refined oil, among a host of other futures products in the pipeline.

Conduct, Culture & Accountability

Asia Has an Opportunity to Demonstrate Global RegTech Leadership

By Manesh Samtani | 18/01/2021

Hong Kong, Singapore and Tokyo each have an opportunity to demonstrate global leadership in the regtech sector, according to a panel of experts hosted by the Asia Society’s Hong Kong Center.

Structural Regulation

Dutch Brokerage IMC Granted Preliminary Licence in Korea

By Editors | 17/01/2021

The approval of the preliminary financial investment business licence marks the FSC’s first approval of a foreign-based trading firm in three and a half years.

Trading & Investment

ISDA Urges Adherence to IBOR Fallbacks Protocol

By Editors | 17/01/2021

Over 5,900 entities in 70 jurisdictions have adhered to the protocol, which is intended as a safety net to mitigate the systemic impact of an IBOR cessation.

Structural Regulation

New Zealand FMA Consults on Wholesale Investors Exclusion

By Editors | 17/01/2021

The notice under review exempted offerors of certain financial products from having to provide normal disclosures to investors whose minimum investment is NZ$750,000 or more.