Markets & Infrastructure

Trading & Investment

Citadel Seeking Licence to Relaunch Japan Hedge Fund Office

By Editors | 03/04/2023

Citadel shut down its Japan operations during the 2008 GFC, but is seeking to reopen in Tokyo by the end of the year.

Payments & Settlements

ASEAN to Reduce Reliance on Major Currencies to Safeguard Stability

By Editors | 02/04/2023

ASEAN finance ministers and central bank governors agreed to increase usage of local currencies for trade settlements.

Payments & Settlements

Singapore, Malaysia Launch Cross-border QR Payments Link

By Editors | 31/03/2023

The payment linkage will allow customers of participating financial institutions to make retail payments by scanning NETS QR and DuitNow QR codes.

Structural Regulation

CBIRC Issues New Branch Operation Rules for Trust Companies

By Editors | 31/03/2023

Trust companies can set up remote branches based on their needs, but management headquarters must be in their registered domicile.

Structural Regulation

CSRC Chairman Meets With Foreign Financial Institutions

By Editors | 31/03/2023

CSRC chairman Yi Huiman encouraged the heads of several global financial institutions to expand their operations and investments in China.

Clearing & Post-Trade

Rules Proposed to Adopt T+1 in US Muni Bond Market

By Editors | 31/03/2023

US equities and corporate bond markets will move to T+1 on 28 May 2024. The same implementation date is proposed for municipal securities.

Fraud, Scams & Cybercrime

IOSCO Issues Final Guidance on Mitigating Risks to Retail Investors

By Manesh Samtani | 31/03/2023

IOSCO offers a comprehensive toolkit of measures for regulators to consider when addressing crypto scams, greenwashing and other forms of retail misconduct.

Capital Adequacy

FSB to Develop and Run Global Bank Stress Test

By Manesh Samtani | 31/03/2023

The FSB’s work programme for 2023 includes plans to develop and run a global bank stress test in cooperation with the BCBS.

Reporting & Disclosures

Taiwan to Require Listed Companies to Have Female Directors

By Editors | 31/03/2023

The requirement to appoint female directors is part of efforts to improve corporate governance culture among listed companies in Taiwan.