Markets & Infrastructure

Payments & Settlements

Russia, Iran Implement First Phase of Payment System Linkage

By Editors | 13/11/2024

Travellers from Iran can now use riyal balances on their Shetab debit cards at ATMs in Russia to withdraw rubles.

CBDCs

China Launches e-CNY ‘Hard Wallet’, Resembling Convential Credit Card

By Editors | 12/11/2024

The PBOC hopes the card, aimed at seniors, students, and foreign visitors in China, will expand accessibility to and adoption of the e-CNY.

Fraud, Scams & Cybercrime

Korea Introducing New Disclosure Rules to Prevent Embezzlement

By Editors | 12/11/2024

Listed companies and large unlisted companies will have to make annual disclosures on the control measures they use to prevent and detect misappropriation of funds.

Sustainable Finance

MAS Unveils New Green Finance and Market Initiatives with China

By Nithya Subramanian | 12/11/2024

The initiatives aim to expand cross-border green financing flows, enhance bond market connectivity, and deepen collaboration on index and ETF products.

Conduct, Culture & Accountability

Nomura Asked to Probe Attempted Murder Case Involving Ex-Employee

By Editors | 12/11/2024

The FSA has asked Nomura to review the incident and analyse its root cause and background, and come up with solutions.

Trading & Investment

Hong Kong Introduces Bill to Boost REITs, Options Markets

By Sanday Chongo Kabange | 12/11/2024

The bill will remove stamp duties payable on transfers of REITs shares or units and jobbing business of options market makers.

Conduct, Culture & Accountability

Australia: Parliamentary Inquiry Into Big Four Audit Firms Concludes

By Editors | 12/11/2024

The inquiry identified recommendations to enhance governance, transparency, and accountability within the big four firms.

Structural Regulation

RBI Expands Trade Reporting Requirements to Include FX Spot Deals

By Editors | 12/11/2024

The new reporting requirements are aimed at ensuring the RBI has a more complete view of the FX market for monitoring and regulatory purposes.

Structural Regulation

BIS Announces Pablo Hernández de Cos as Next General Manager

By Editors | 12/11/2024

Pablo Hernández de Cos, the former Governor of the Bank of Spain, will take over from Agustín Carstens starting 1 July 2025.