Markets & Infrastructure

Trading & Investment

SGX to Launch Asia’s First International REIT Futures

By Editors | 05/08/2020

Two new REIT futures contracts will launch on 24 August, both designed in accordance with CFTC guidelines to allow for distribution to US and global institutional investors.

Structural Regulation

CSRC Consults on Enhanced Rules for Fund Managers

By Lucy Zhang | 04/08/2020

The changes are aimed at promoting the high-quality development of the public fund industry so that it can better serve the real economy.

Payments & Settlements

DBS, Tax Department Collaborate to Digitalise Payments

By Editors | 04/08/2020

IRAS now offers PayNow QR as a payment option for individual income tax, corporate income tax, property tax and goods and services tax.

Fraud, Scams & Cybercrime

Chinese Regulators Complete Luckin Probe, Confirm Fraud

By Editors | 04/08/2020

The Ministry of Finance and State Administration for Market Regulation both intend to impose administrative penalties against Luckin Coffee for fraud.

Capital Adequacy

Taiwan FSC to Allow Banks to Develop New Financial Products

By Editors | 04/08/2020

Banks seeking to develop new wealth management products for high-asset customers can apply to the FSC before 15 September.

Trading & Investment

HKEX Launches Second Batch of MSCI Index Futures

By Editors | 04/08/2020

The next batch of contracts is due to be launched on 17 August, with the final four contracts still awaiting regulatory approval.

Cloud & Infrastructure

The Impact of Covid-19 on Fintech: Call for Response

By Editors | 04/08/2020

The Cambridge Centre for Alternative Finance, World Bank Group and World Economic Forum are calling for input on the impacts of Covid-19 on the fintech industry.

Structural Regulation

MAS Awards StanChart Special Privileges for ‘Significant Rootedness’

By Manesh Samtani | 04/08/2020

The regulator also has plans to allow certain banks that are significantly rooted in Singapore to obtain full bank licences and set up digital-only subsidiaries.

Liquidity Risk

FSC Korea to Rein in Structured Products Issuance

By Editors | 03/08/2020

The FSC will impose new rules for securities firms on stress testing, liquidity management, leverage and mandatory FX hedging, among its measures to protect investors from risky products.