Structural Regulation

Chinese Firms Continue to Seek US Listings Ahead of New Rules

12/08/2020

Chinese companies already listed on US bourses will have until 1 January 2022 comply with tougher IPO standards. New listings will have to comply sooner.

Structural Regulation

China to Deepen Financial Sector Opening-up Despite Worsening US Ties

12/08/2020

PBOC governor Yi Gang says China will continue to open up its financial sector in line with the phase one trade deal signed with the US in January.

Structural Regulation

CSRC Revises Rules on Corporate Bond Issuance, Trading

11/08/2020

One of the main changes is the removal of a requirement for bond issuers to seek credit ratings, which will make it easier for companies to sell debt securities.

Trading & Investment

IOSCO Outlines Key Elements of Effective Market Making Programmes

11/08/2020

The key elements may help promote the provision of liquidity, strengthen investor confidence, and foster fair and efficient markets, IOSCO says.

Trading & Investment

SGX Announces Upcoming Launch of 13 New Equity Futures Contracts

11/08/2020

The new futures contracts are based on net total return and price return indices calculated by FTSE Russell, covering regional as well as single country benchmarks.

PEPs & Sanctions

China Imposes Reciprocal Sanctions Against US Officials

10/08/2020

“China has decided to impose sanctions on those individuals who behaved badly on Hong Kong-related issues,” said a spokesperson, without specifying what the sanctions would entail.

Cloud & Infrastructure

InvestHK Announced Fast Track Fintech Development Programme

10/08/2020

Companies from nine key fintech verticals are invited to submit applications by 31 August, for a chance to showcase their solutions to corporates and investors at Hong Kong Fintech Week.

Credit Risk

BSP Expects Sound Borrower Assessments, Forbearance Reporting

10/08/2020

Requirements to report forbearance granted to borrowers will ensure industry statistics reflect the “true health of the banking system” and incentivise prudence in banks’ credit decisions.

Supervision & Enforcement

APRA to Recommence Policy Work, Licensing Activity

10/08/2020

APRA will recommence public consultations on high-priority prudential policy reforms, and begin accepting new licence applications in September.