FIA is requesting additional clarity on settlement finality and proposing that the protections in the new futures law be further expanded.
May 28, 2021Hong Kong courts and Chinese courts in pilot cities will be able to recognise insolvency, bankruptcy and restructuring proceedings under each other's laws.
May 18, 2021Lim Oon Kuin now faces a total of 25 charges - 14 counts of abetment of forgery for the purpose of cheating, and 11 counts of abetment of forgery simpliciter.
May 3, 2021China has to address questions around close-out netting enforceability, which restrict the use of Chinese government bonds as IM in global derivatives markets.
April 3, 2021The new charges could not be tendered against Lim Oon Kuin on Monday because the 78-year-old said he was unwell.
March 30, 2021SAFE imposed a CNY 42.7 million fine on China’s biggest policy bank for illegally guaranteeing a loan to a company linked to HNA Group.
March 19, 2021Deposit-taking institutions, asset managers and financial leasing companies with CNY 300 billion in total assets have to formulate recovery and resolution plans.
March 2, 2021The code makes AFCA membership compulsory and incorporates ASIC’s new design and distribution obligations regime.
February 27, 2021SIFIs will have 3 months after designation to submit recovery plans to regulators. The FSC will have the authority to demand action from a SIFI in line with its recovery plan.
February 21, 2021Luckin said it will continue to pay suppliers, vendors and employees while it negotiates with its stakeholders regarding a restructuring of its financial obligations.
February 9, 2021