Manesh manages the news desk and serves as an editor at Regulation Asia. He covers regulatory changes across Asia Pacific that impact banking, capital markets, asset management, and financial services more generally. Manesh is a former trader and investment consultant with a degree in Finance and Banking. [email protected]
Crypto / Digital Assets
Hong Kong SFC Grants Two New Crypto Licences
30/01/2025
The licences were granted to YAX, a wholly-owned subsidiary of Tiger Brokers, and Panthertrade, a subsidiary of Futu Holdings.
Securities / Derivatives
CSRC to Promote Development of Index Investment Products
30/01/2025
The CSRC will establish a fast-track registration mechanism for registering stock ETFs and expand cross-border ETF connectivity
Securities / Derivatives
China Grants Three Insurance Firms Approval for Stock Investments
29/01/2025
The insurance firms received NFRA approval to participate in a pilot programme to invest CNY 52 billion in the stock market
Market Infrastructure
GFXC Issues Revised FX Global Code to Improve Transparency
28/01/2025
The revisions promote transparency around the sharing of client-generated data and provide further guidance on controlling FX settlement risk
Securities / Derivatives
FSC Korea to Amend Stock Market Listing and Delisting Rules
28/01/2025
The reforms are aimed at improving the quality of listed companies, and ensuring underperforming companies are removed more quickly.
China Takes Steps Towards State Rescue of Ailing Developer
28/01/2025
Two executives of China Vanke have stepped down. Several others are being brought in from other state-owned firms.
Securities / Derivatives
China Invites Foreign FIs to Test New Financial Products in FTZs
28/01/2025
Approvals to establish banking, insurance, securities, futures, or fund management subsidiaries in the FTZs will take a maximum 120 days.
Capital / Liquidity
HKMA Finalises Policy Manual on How Pillar 2 Capital is Determined
27/01/2025
The HKMA will consider whether banks have taken into account material climate-related financial risks when determining Pillar 2 capital requirements.
China to Impose New Salary Cap at State-owned FIs – Report
27/01/2025
A CNY 1 million cap on annual income will be introduced at 27 state-owned financial companies, including the big five banks and the top six insurance companies.
Crypto / Digital Assets
US to Form Presidential Working Group on Digital Assets
26/01/2025
The SEC also officially rescinded Staff Accounting Bulletin No 121, which made it more costly for firms to keep custody of digital assets on behalf of others.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team