Structural Regulation

Capital Adequacy

Australia Transitions to New Regulatory Regime for Litigation Funders

By Sanday Chongo Kabange | 24/08/2020

Litigation funders will have three months of transition relief before they have to mandatorily hold an AFS licence and comply with rules for managed investment schemes.

Cloud & Infrastructure

Malaysia, Indonesia Regulators Sign Fintech Cooperation Pact

By Sanday Chongo Kabange | 24/08/2020

The agreement aims to facilitate information sharing, provide joint innovation opportunities, and facilitate cross-border referrals of fintech businesses.

Structural Regulation

HK Bourse Finalises Changes to Professional Debt Regime

By Manesh Samtani | 23/08/2020

The issuer net assets requirement will be raised, a minimum issuance size will be introduced, and state corporations will be required to meet issuer eligibility requirements.

Cloud & Infrastructure

ISO Sets Standard for Embedding LEIs in Digital Certificates

By Editors | 22/08/2020

Simplified LEI integration paves the way for all digital certificates to be linked by a universal identifier and reduces the resource burden on certificate issuers.

Trading & Investment

Eximbank Issues South Korea’s First SOFR-linked Bonds

By Editors | 20/08/2020

State lender Eximbank is the first financial institution in South Korea and the third in Asia to issue SOFR-linked bonds.

Trading & Investment

MAS Becomes First Asian Government Entity to Issue RFR Debt

By Manesh Samtani | 19/08/2020

Singapore is seen to be leading Asia in its preparation for the cessation of LIBOR at the end-of 2021. Earlier this month, MAS announced new initiatives to catalyse SORA markets.

Payments & Settlements

China to Promote Cross-Border Use of Renminbi, says PBOC

By Editors | 19/08/2020

China will facilitate trade and investment using the renminbi, the PBOC said in its annual RMB Internationalization Report.

Structural Regulation

Taiwan to Tighten Rules on Investments from Mainland China

By Editors | 19/08/2020

A draft amendment will expand the definition used to determine whether a Taiwanese firm is considered Chinese-owned or under the control of a Mainland company.

Cloud & Infrastructure

CSRC Drafts Rules on Third-party Platforms Use by Securities Firms

By Lucy Zhang | 19/08/2020

The rules require brokerage firms to guarantee technical and data security when using third-party platforms to conduct securities business activities.