Trading & Investment

China Allows Funds to Be Net Sellers of Equity – Report

09/01/2024

The policy shift reverses window guidance issued last year asking funds to avoid being net sellers of equities on any trading day.

Cryptocurrency

Singapore: AsiaNext Launches Trading in Crypto Derivatives

09/01/2024

AsiaNext said its trading members already include B2C2, Wintermute Group, JB Drax Honoré and Trovio Group.

Trading & Investment

PBOC Pledges to Further Open Access to Bond Market

08/01/2024

The PBOC said it will continue to strengthen China’s financial market to make it more standardised, transparent, open, dynamic and resilient.

Operational Risk

ECB to Launch First Cyber Resilience Stress Test for Banks

06/01/2024

The stress tests will assess the ability of 109 banks to respond to and recover from a cyber attack, rather than their ability to prevent it.

Trading & Investment

Beijing Stock Exchange Lists First Corporate Bond

06/01/2024

The BSE has previously listed government bonds. The new issuance is the first corporate bond listed on the BSE.

Trading & Investment

Shanghai, Shenzhen Bourses to Reduce 2024 Fees by ¥920m"

05/01/2024

The two stock exchanges are reducing or waiving their certain listing, transaction and service fees to boost the economy.

Fraud, Scams & Cybercrime

Taiwan’s Shin Kong Bank Fined Over Misappropriated Client Funds

04/01/2024

The FSC said the bank failed to establish internal controls and prevent the misappropriation of client funds by a former wealth manager.

Payments & Settlements

India Launches UPI Block Facility for Stock Market Trades

04/01/2024

Investors can block funds in their bank accounts for secondary market stock trades rather than transfer them to brokers upfront.

KYC & CDD

China: Regulator Calls on Banks to Improve FX Business Processes

04/01/2024

Banks should adopt “differentiated” review measures in their FX exchange business and deal with customers according to the level of risk they present.