Structural Regulation

Structural Regulation

Taiwan to Impose Tighter FX Rules to Curb Currency Speculation

By Ranamita Chakraborty | 04/02/2021

The move follows a probe into dubious currency practices at eight major grain merchants in Asia, facilitated by six foreign banks.

Structural Regulation

Indonesia Completes Merger of Three State Owned Banks

By Ranamita Chakraborty | 04/02/2021

With total assets of over $17bn, Bank Syariah Indonesia is now one of the largest sharia banks in the country.

Market Abuse

Asian Regulators Issue Warnings as GameStop Remains in Focus

By Manesh Samtani | 04/02/2021

Authorities in Hong Kong, Singapore, Korea and Malaysia are among those issuing warnings of possible investor losses as heightened volatility continues.

Capital Adequacy

Korea Raises Capital Requirements at Private Equity Funds

By Editors | 04/02/2021

The minimum required capital will be raised from 100mn to 300mn won. Private equity funds with high leverage will need 500mn won.

Capital Adequacy

UPDATED – Chinese Regulators Agree on Ant Group Restructuring Plan

By Editors | 03/02/2021

Under the plan, Ant Group will fold all of its businesses into a financial holding company that will be subject to PBOC oversight and capital requirements.

Trading & Investment

FSC Korea to Allow Partial Resumption of Short-selling in May

By Manesh Samtani | 03/02/2021

By May, new rules will be in place to guard against illegal short selling, prevent abuse by market makers, and increase retail investor access to short-selling opportunities.

Trading & Investment

Korea Likely to Extend Short-selling Ban Amid Political Pressure

By Ranamita Chakraborty | 02/02/2021

The FSC has previously said it would lift the short-selling ban in March, but it is now increasingly likely the ban will be extended another three months.

Structural Regulation

CBIRC Permits Allianz to Set Up Insurance Asset Management Business

By Editors | 02/02/2021

The business, to be incorporated in Beijing, will be the first wholly foreign-owned insurance asset management firm in China.

Cloud & Infrastructure

What Hong Kong Can Learn From Open Banking in the UK

By Eran Vitkon | 02/02/2021

The UK model provides lessons to help ensure Hong Kong’s open banking ecosystem is able to realise its full potential, say Finastra’s Eran Vitkon and Shweta Jain.