Markets & Infrastructure

CBDCs

China to Expand CBDC Testing in Guangdong, Other Provinces

By Editors | 21/09/2022

The central bank will expand its digital yuan testing to include Guangdong, Jiangsu, Hebei and Sichuan in their entirety.

Trading & Investment

Shanghai, Shenzhen Launch New ETF Options Contracts

By Editors | 21/09/2022

Officials said the new contracts will help improve China’s capital market system and its ability to serve the real economy.

Alternative Markets

MAS Adds $1bn to Private Markets Programme

By Editors | 21/09/2022

The programme was launched in 2018 with $5bn to allocate to PE and infrastructure fund managers. The additional $1bn will go to global credit fund managers.

Operational Risk

SFC Calls for Licensed Personnel to Return to Hong Kong

By Editors | 21/09/2022

The SFC is concerned over operational risks at licensed corporations that are doing business without a responsible manager located in the city.

Payments & Settlements

BOT Details Plans to Upgrade Payment Systems

By Editors | 21/09/2022

The plans include the development of PromptBiz, a digital payment infrastructure system for the business sector.

Conduct, Culture & Accountability

UBS Hiring Reviewers to Vet Chinese Research Content

By Sanday Chongo Kabange | 21/09/2022

The content reviewers will ensure the language, tone and content of research published in Chinese is appropriate and free of any sensitivities.

Trading & Investment

China to Develop First Indexes of State-owned Enterprises

By Editors | 20/09/2022

The Shanghai Stock Exchange and China Reform Holdings will develop stock indexes of enterprises owned by the government.

Clearing & Post-Trade

CFTC Issues No-Action Letter to TAIFEX on Swaps Clearing

By Editors | 19/09/2022

The no-action letter will facilitate access for US persons to swaps clearing in Taiwan while TAIFEX’s application for an exemption from DCO registration is pending.

Structural Regulation

BNM Approves UOB Acquisition of Citi’s Malaysia Business

By Editors | 19/09/2022

UOB subsidiaries reached agreements in January to acquire Citigroup’s consumer banking businesses in Malaysia, Indonesia, Thailand and Vietnam.