Markets & Infrastructure

Payments & Settlements

China Mandates Inclusion of Electronic Savings Bonds in Personal Pensions

By Mark Johnston | 25/11/2025

China's finance ministry establishes specific underwriting quotas and tripartite data reporting requirements for FIs ahead of the June launch.

CBDCs

China, UAE Deepen Financial Ties with CBDC Payment, System Interlinking

By Mark Johnston | 25/11/2025

The two nations launched the mBridge CBDC platform, linked instant payment systems, and introduced a co-branded prepaid card.

Payments & Settlements

Korea's FSC to Overhaul Rules on Credit Finance, Payment Gateways

By Mark Johnston | 25/11/2025

The FSC plans to ease rules for capital firms while imposing stricter oversight on card companies and payment gateways.

Structural Regulation

China Updates Rules for Authorising Domestic Firms to Audit H-Shares

By Sanday Chongo Kabange | 25/11/2025

The MOF and CSRC will add two firms to the approved list and conduct annual assessments, revoking recommendations for non-compliant auditors.

Market Abuse

JPX to Revise Derivatives Guidelines to Guard Against Spoofing

By Mark Johnston | 25/11/2025

JPX will issue updated guidelines to help Osaka Exchange members strengthen their internal oversight of government bond futures trading.

Payments & Settlements

Swift Officially Ends Support for Legacy MT Messaging Standard

By Manesh Samtani | 25/11/2025

The end of the Swift MT coexistence period ushers in an era of richer data, though hurdles remain even for firms that switched to ISO 20022 on time.

Market Abuse

SFC Warns on Banned China Bond Tactic Migrating to City - Report

By Sanday Chongo Kabange | 25/11/2025

The SFC has warned of regulatory action as cash-strapped Chinese LGFVs use off-book payments to boost bond returns.

Structural Regulation

Malaysia’s Consumer Credit Bill to Take Effect in Early 2026: CCOB

By Nithya Subramanian | 25/11/2025

The new bill will introduce licensing and stricter standards for non-bank lenders, including BNPL providers, as authorities move to curb unethical lending practices.

Clearing & Post-Trade

UK Publishes Draft Law to Mandate T+1 Settlement by Oct 2027

By Manesh Samtani | 24/11/2025

The proposed legislation aims to reduce risk and boost market efficiency, detailing key exemptions for securities financing transactions.