Markets & Infrastructure

Trading & Investment

SC Malaysia, CGC Group Partner to Boost MSME Financing

By Sanday Chongo Kabange | 17/12/2024

The SC will collaborate with CGC Group and CGC Digital to enhance access for MSME and MTC to capital market financing solutions.

Payments & Settlements

Korea Amends Rules for on Investors’ Foreign Currency Deposits

By Editors | 17/12/2024

The regulatory amendment increases the proportion of investors’ USD and JPY funds that securities firms have to deposit with the KSFC.

Clearing & Post-Trade

HKEX to Accept CGBs as Collateral for Swap Connect from 13 Jan

By Sanday Chongo Kabange | 17/12/2024

From 13 January, China government bonds held through Bond Connect can be used as collateral for Northbound Swap Connect.

CBDCs

Bank Indonesia Completes Stage One PoC Testing for CBDC

By Manesh Samtani | 17/12/2024

Bank Indonesia published a report presenting the PoC findings and outlining focus areas for future exploration, including digital securities.

Conduct, Culture & Accountability

Greensill Group Auditor Suspended in Australia for Two Years

By Editors | 17/12/2024

Joseph John Santangelo was suspended for failing to carry out Greensill’s group audit in accordance with Australian Auditing Standards.

Payments & Settlements

Cambodia, Vietnam Launch Cross-Border QR Payments Linkage

By Sanday Chongo Kabange | 16/12/2024

The linkage allows Vietnamese and Cambodian visitors scan QR codes to make payments at merchants in each other’s countries.

Trading & Investment

China Expands Private Pension Scheme to Nationwide Implementation

By Editors | 16/12/2024

More banks are permitted to offer pension services and the eligible products have been expanded to include government bonds and index funds.

Cryptocurrency

Korea Halts Implementation of New Crypto and Securities Tax

By Editors | 16/12/2024

A revision bill was passed to prevent new taxes on gains from crypto, stocks, bonds, and funds from taking effect on 1 January 2025.

PEPs & Sanctions

Russia’s Rosneft, India’s Reliance Agree $13b Crude Oil Deal

By Editors | 16/12/2024

The EU has been separately calling on Indian authorities to stop the illicit flow of Common High Priority Items to Russia.