Structural Regulation

Structural Regulation

Chinese Firms Asked to Prepare Audit Documents for US Regulators

By Editors | 23/03/2022

US-listed companies including Baidu, JD.com and Alibaba have reportedly been asked by Chinese regulators to prepare audit documents for US regulators.

Structural Regulation

BSEC Orders Bourses to Reshuffle Regulatory Affairs Divisions

By Editors | 23/03/2022

Stock exchange employees working in Regulatory Affairs departments for more than three years must transfer to other departments immediately.

Structural Regulation

PBOC Approves First Two Financial Holding Company Licences

By Darien Choong | 22/03/2022

China CITIC Limited and Beijing Financial Holdings Group have been granted China’s first licences to establish financial holding companies.

Trading & Investment

CSRC to Expand Pilot Scheme on Infrastructure REITs

By Darien Choong | 22/03/2022

The CSRC plans to allow publicly offered REITs to acquire affordable rental housing projects, saying this will help to increase the supply of housing.

Structural Regulation

ASIC Consults on CCIV Licensing Requirements

By Editors | 22/03/2022

ASIC will be able to limit a corporate director’s CCIV operations to one CCIV with a single sub-fund if the corporate director fails to demonstrate ‘organisational competence’ and capacity.

Payments & Settlements

India, China to Enable Cross-Border Payments With Arab World

By Editors | 21/03/2022

India’s NPCI and China’s UnionPay have signed agreements to establish interoperability with Buna, a payment system owned by the Arab Monetary Fund.

Trading & Investment

Eurex Sets Launch Date for Expansion of KRX Link

By Editors | 20/03/2022

International investors will be able to trade KOSPI 200 options with weekly expiries outside Korean trading hours via Eurex from 28 March.

Data Privacy

Australia Consults on Expansion of CDR to Non-Bank Lending

By Editors | 20/03/2022

The designation of non-bank datasets under the CDR will support creditworthiness assessments and compliance with responsible lending obligations.

Emerging Prudential Risks

Chinese Policymakers Pledge Measures to Reassure Markets

By Darien Choong | 19/03/2022

Vice-Premier Liu He said that the FSDC will propose “strong and effective responsive initiatives” to manage any risks which may endanger the financial system.