LATEST NEWS

Fintech / Regtech

PayNow-UPI Linkage is Ready for Launch: MAS Official

By Editors | 11/01/2023

MAS chief fintech officer Sopnendu Mohanty said the integration of the two payment networks is “ready and waiting for launch”.

ESG / Sustainability

SGX RegCo Finalises Rules on Independent Director Tenure

By Editors | 11/01/2023

Listing rule changes introduce a nine-year tenure limit for independent directors and requirements for enhanced remuneration disclosures in annual reports.

Market Infrastructure

Malaysia SC Revises Guidelines for Credit Rating Agencies

By Editors | 11/01/2023

The revised guidelines introduce higher standards on governance, internal controls and integrity in rating processes and assessments.

Securities / Derivatives

CSRC to Prevent IPOs from Firms in Non-Strategic Sectors

By Editors | 11/01/2023

The move is aimed at channelling resources into sectors that align with the national agenda, such as information technology and advanced manufacturing.

ESG / Sustainability

ICMA, CCDC Take Stock of ESG Practices in China

By Manesh Samtani | 10/01/2023

White paper calls for more consistent ESG-related standards, a uniform disclosure template for companies, and measures to boost foreign participation.

Securities / Derivatives

SEBI Proposes to Standardise Approach to AIF Portfolio Valuation

By Editors | 10/01/2023

SEBI proposes that PE funds, angel funds, and VC funds in India adopt the internationally recognised IPEV guidelines for portfolio valuation.

Securities / Derivatives

China to Crack Down on ‘Malicious Speculation’ in Iron Ore Market

By Editors | 10/01/2023

The NDRC said it will crack down on the spreading of false information, price gouging and speculation to ensure the smooth operation of the iron ore market.

Capital / Liquidity

Crypto Bank Silvergate Reveals Details of Post-FTX Bank Run

By Manesh Samtani | 10/01/2023

The bank faced $8bn in withdrawals, forcing it to sell $5.2bn in debt securities at a $718mn loss. Its stock has fallen 95% since Nov 2021.

CBIRC Drafts Revisions to Loan Management Rules for Banks

By Editors | 10/01/2023

Among other measures, the rules set requirements on the maximum term of different types of loans, to help banks guard against maturity mismatch risks.