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Conduct, Culture & Accountability
Korea FSS Widens Probe into Sales of High Risk Derivatives
By Manesh Samtani | 09/01/2024
The FSS found that some firms incentivised sales of high-risk and complex ELS products through internal policies and KPIs.

Payments & Settlements
GIFT City Regulator Directs IBUs to Improve Cross-border Payments
By Ajoy K Das | 09/01/2024
IFSC Banking Units are asked to use Swift GPI and to explore how they can further speed up their processing of cross border payments.

Trading & Investment
China Allows Funds to Be Net Sellers of Equity – Report
By Editors | 09/01/2024
The policy shift reverses window guidance issued last year asking funds to avoid being net sellers of equities on any trading day.

Trading & Investment
Philippine Regulators Pledge to Deepen Bond Market
By Sanday Chongo Kabange | 09/01/2024
The objective is to increase the diversity of corporate borrowers that issue bonds and to make risk pricing more active.

Cryptocurrency
MAS Awards Major Payment Institution Licence to Upbit Singapore
By Ranamita Chakraborty | 09/01/2024
The licence means Upbit now has regulated digital asset businesses in Singapore, Korea, Indonesia and Thailand.

Credit Risk
Indonesia’s OJK Lowers Interest Rate Cap for Online Lenders
By Mark Johnston | 09/01/2024
The new regulations tighten th caps on interest rates and late fees while also lowering borrowing limits imposed on debtors.

Market Risk
New Margin Models Offer Improved Efficiency: FIA Analysis
By Ranamita Chakraborty | 09/01/2024
While offering capital efficiency benefits, VaR models pose challenges for CCPs due to their increased complexity and reduced transparency.

Trading & Investment
Indonesia to Introduce Market Maker Regulations in 2024
By Mark Johnston | 08/01/2024
IDX plans to boost stock market liquidity and transaction value by implementing market maker regulations in 2024.

Payments & Settlements
Korea FSC to Launch New Microfinance Assistance Platform
By Sanday Chongo Kabange | 08/01/2024
The new online platform will help users find suitable microfinance products based on their financial needs and situation.

Trading & Investment
PBOC Pledges to Further Open Access to Bond Market
By Editors | 08/01/2024
The PBOC said it will continue to strengthen China’s financial market to make it more standardised, transparent, open, dynamic and resilient.
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