Regulated entities are directed to upload KYC data for accounts of legal entities to the Central KYC Registry.
March 13, 2021The updated rules also bring into scope virtual asset custodians, introducing a $1mn minimum capital requirement for such businesses.
January 28, 2021MSCI, Nasdaq, S&P Dow Jones Indices and FTSE Russell have now all announced the removal of Chinese companies from their indexes to comply with last month's executive order.
December 17, 2020ASX is consulting on amendments to the listing rules to facilitate the introduction of its next batch of online forms in March 2021, among other proposals.
December 3, 2020The DSB seeks to expand its Product Committee membership to include more OTC derivatives users from Asia to further broaden industry collaboration geographically.
November 29, 2020HKEX is targeting a Q1 2022 launch for the new settlement platform, which will automate and streamline post-trade processes and improve settlement efficiency.
November 25, 2020The Securities Commission invites parties interested in registering as IEO platform operators or digital asset custodians to start submitting their applications.
October 29, 2020The move to combine the QFII and RQFII into a single 'qualified foreign investor' regime is aimed at further easing foreign access to China's capital markets.
September 28, 2020There was no evidence of client loss as a result of BEA’s regulatory breaches, and the bank has undergone remedial actions to enhance its internal systems and controls.
September 17, 2020Private OFCs are no longer subject to investment restrictions and securities brokers are now eligible to be OFC custodians, among other changes.
September 14, 2020