Payments & Settlements

Trading & Investment

China-Japan ETF Connect Sees Launch of New Funds

By Ranamita Chakraborty | 19/04/2021

Daiwa Asset Management has listed two ETFs on the TSE while ICBC Credit Suisse Asset Management has listed one ETF on the SZSE.

Trading & Investment

China: SAFE Approves $5b in QDLP Quotas for Hainan

By Sanday Chongo Kabange | 14/04/2021

The QDLP pilot programme will enable foreign fund managers to raise money in Hainan for investments overseas.

Operational Risk

Mizuho Head to Turn Down JBA Chairmanship – Report

By Editors | 14/04/2021

Mizuho Financial Group president and group CEO Tatsufumi Sakai was due to take over as JBA chairman on 1 April.

Structural Regulation

LIBOR Phase-out, RFR Adoption: A Path Forward for Sri Lanka

By Lalinda Sugathadasa | 11/04/2021

The CBSL should play a more active role in facilitating the transition in Sri Lanka, says Lalinda Sugathadasa, Head of Research at ICRA Lanka.

Structural Regulation

BOT to Prohibit THBFIX-based Transactions from 1 July

By Editors | 11/04/2021

New transactions based on THBFIX including loans, bonds, and structures notes must stop from 1 July 2021.

Payments & Settlements

RBI to Extend RTGS, NEFT Connectivity to Nonbanks

By Editors | 10/04/2021

Digital wallet providers and card networks will be able to directly connect to the RTGS and NEFT systems.

CBDCs

PBOC Starts Testing Digital Yuan in Hong Kong

By Sanday Chongo Kabange | 10/04/2021

Hong Kong residents participating in pilot tests can use the digital yuan for purchases in Shenzhen.

Operational Risk

UPDATED – Bangladesh: Banks, Stock Exchanges Shorten Work Hours

By Editors | 08/04/2021

Banks were asked to carry out all transactions from 10am to 12.30pm during the lockdown and to only keep branches open until 2pm.

CBDCs

BNM to Explore Benefits of CBDC Issuance Through PoCs

By Sanday Chongo Kabange | 07/04/2021

BNM does not have any immediate plans to issue a CBDC but will actively assess the potential value proposition of digital currencies.