ADVERTISEMENT
Trading & Investment
China Allows Expanded Use of Currency Hedging Tools
By Editors | 26/05/2022
Financial institutions are allowed to offer American-style and Asian-style FX options, in addition to European-style FX options already allowed.
Conduct, Culture & Accountability
HKMA Publishes Findings from Front Office Incentives Review
By Editors | 26/05/2022
Some incentive systems used in retail banks’ front offices may unintentionally push staff to prioritise business objectives over customer outcomes.
CBDCs
SWIFT to Develop Capabilities to Interlink CBDCs With Payment Systems
By Sanday Chongo Kabange | 25/05/2022
SWIFT will seek to interlink multiple CBDC platforms with existing payment systems, using existing bank messaging standards and authentication models.
Tokenisation
SET, UOB Join SGX, Temasek as Investors in ADDX
By Editors | 25/05/2022
SET’s move to invest in ADDX reflects a trend towards a “new capital market landscape that emphasises continuity between the public and private markets”.
Reporting & Disclosures
US SEC Fines BNY Mellon Unit for ESG Misstatements
By Editors | 25/05/2022
BNY Mellon Investment Adviser stated in documents that all investments in its funds had undergone an ESG quality review, but that this was not always the case.
Cryptocurrency
CME to Launch Crypto Reference Rates, Indices in Euro
By Editors | 24/05/2022
New non-tradable EUR-denominated reference rates and real-time indices for Bitcoin and Ether will be published starting 6 June.
Conduct, Culture & Accountability
CSRC Revises Rules for Managers of Publicly Offered Funds
By Editors | 24/05/2022
The rules increase emphasis on ethical conduct and governance, loosen licensing restrictions, and allow public fund managers to outsource operations.
Cybersecurity
SEBI Updates Market Infrastructure Cyber Security Framework
By Editors | 24/05/2022
Stock exchanges, clearing corporations, and depositories are required to conduct a comprehensive cyber audit at least twice each financial year.
Payments & Settlements
CSRC to Fully Implement DvP Settlement in Securities
By Editors | 24/05/2022
The rules taking effect on 20 June will enable DvP settlement for institutional investors and reduce the reserves settlement participants have to hold.
Conduct, Culture & Accountability
RBI to Review Customer Service Standards, Regulations
By Editors | 24/05/2022
The committee will identify ways to enhance customer service standards and grievance redress mechanisms in the financial industry.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.