Markets & Infrastructure

Cryptocurrency

MAS Grants Major Payment Institution License to OKX

By Nithya Subramanian | 03/09/2024

OKX also appointed a former MAS official as its Singapore CEO, saying the city-state is a core market for its global strategy.

Trading & Investment

Tokyo Bourse Secures New Partners for ‘TSE Asia Startup Hub’

By Nithya Subramanian | 03/09/2024

Malaysia’s VentureTECH is among the firms participating in the TSE initiative, which seeks to attract IPOs from across the region.

Structural Regulation

SEBI Proposes to Update Record Keeping Requirements

By Ajoy K Das | 03/09/2024

SEBI proposes to make it mandatory for regulated entities to maintain records of communications for a minimum eight years.

Conduct, Culture & Accountability

Korean Courts Overturn Two FSC Penalty Decisions

By Editors | 03/09/2024

A KRW 669.1 million fine against Shinhan Investment Corp and a KRW 1 billion fine against Kepler Cheuvreux were overturned.

Structural Regulation

Deadline Fast Approaching for New Trade Reporting Rules in Australia and Singapore

By Manesh Samtani | 03/09/2024

DTCC, MAS and ASIC are calling on market participants to accelerate testing efforts to ensure readiness for new reporting rules that go live on 21 October.

Trading & Investment

HKEX Launches Weekly Options on Hang Seng TECH Index

By Sanday Chongo Kabange | 03/09/2024

In November, HKEX will also launch weekly options on stocks including HSBC Holdings, Alibaba, Tencent Holdings and BYD.

Anti-Bribery & Corruption

Indonesia: IDX Dismisses Five Employees for IPO-related Bribery

By Nithya Subramanian | 03/09/2024

The OJK said it supports the “firm steps” taken by IDX in imposing sanctions on the violating parties.

Payments & Settlements

Indonesia, Korea Set to Implement Local Currency Framework

By Editors | 02/09/2024

14 Indonesian and 7 Korean banks have been appointed to handle transactions between the two countries using local currencies.

Trading & Investment

China Launches Non-deliverable Forwards in Interbank Market

By Manesh Samtani | 02/09/2024

CFETS said the introduction of foreign currency NDFs will help market participants better hedge their forex risks.