Structural Regulation

Structural Regulation

US Launches Probe Into Legacy Chips Made in China

By Editors | 26/12/2024

The probe will examine the impact of Chinese-made legacy chips used in everyday household goods and the defence industry.

Structural Regulation

Australia Publishes Ministerial Rules to Implement Global Minimum Tax

By Sanday Chongo Kabange | 23/12/2024

Treasurer Jim Chalmers said the ministerial rules will ensure multinational corporations operating in Australia pay their “fair share of tax”.

Trading & Investment

CSRC, SFC Finalise Enhancements to Funds Recognition Scheme

By Manesh Samtani | 23/12/2024

SFC’s Julia Leung said the enhancements will expand the business potential for asset managers and the diversity and scale of MRF products.

Trading & Investment

SEBI Extends Agri-Derivatives Trading Suspension for One Month

By Editors | 23/12/2024

The one-month extension, instead of the three one-year extensions seen since 2021, is viewed as a signal that the suspension might be lifted early next year.

Trading & Investment

HKEX Proposes to Enhance IPO Pricing and Offering Mechanism

By Manesh Samtani | 23/12/2024

Among its proposals, HKEX is exploring allowing a “staggered release” of the IPO lock-up for cornerstone investors.

Payments & Settlements

UnionPay, WeChat Pay Collaborate to Make Payments Easier for Foreigners

By Editors | 23/12/2024

Travellers using any of eight overseas e-wallets including HSBC’s PayMe and Naver Pay can now make payments on the mainland by scanning WeChat QR codes.

Payments & Settlements

Australia Proposes to Mandate Cash Acceptance for Essential Items

By Editors | 22/12/2024

Australia’s Treasury proposes to require certain types of businesses to accept cash, with potential limits on the mandate such as transaction caps or time limits.

Model Risk

Korea Advances Bill to Open Up Corporate Credit Rating Market

By Editors | 22/12/2024

The government approved a revision bill that will abolish a requirement for licensed corporate credit rating providers to be at least 50 percent owned by financial institutions.

Structural Regulation

China Finalises New Regulations for Foreign Accounting Firms

By Editors | 22/12/2024

The regulations allow foreign accounting firms that need to conduct “temporary activities” in China to do so without establishing a representative office, subject to conditions.