Sustainable Finance

MAS Proposes Approach to Financing Early Retirement of Coal Plants

27/09/2023

A new paper by MAS and McKinsey proposes the generation and sale of “transition credits” to reduce the economic gap from retiring a coal plant early.

Structural Regulation

HKEX Issues Consultation on Proposed GEM Listing Reforms

27/09/2023

The proposals include a new transfer mechanism for GEM companies to transfer to the Main Board and a new eligibility test for initial listing on the GEM board.

Sustainable Finance

Indonesia Launches Trading in New Carbon Credits Market

27/09/2023

IDX is the operator of the new carbon exchange, known as the IDXCarbon. Trading technology was provided by AirCarbon Exchange.

Sustainable Finance

Malaysia Commences Trading on Bursa Carbon Exchange

27/09/2023

BCX commenced trading on Monday. Bursa Malaysia said renewable energy certificates (RECs) will be offered on the carbon market by Q3 2024.

Structural Regulation

Capital Controls Eased for Foreign Investors in Beijing, Shanghai

27/09/2023

Beijing and Shanghai authorities announced measures that allow investment capital from foreign investors to freely flow in and out of China.

Trading & Investment

Malaysia to Create 200 Capital Market-Ready MSMEs by 2026

26/09/2023

A new MoU between the Securities Commission and SME Corporation Malaysia will enable more MSMEs to access the capital market for financing.

Payments & Settlements

FSC Korea to Expand Loan Switching Platform to More Loan Types

26/09/2023

The online loan transfer system launched in May for credit loans will become available for mortgage loans for apartments and jeonse loans for all housing types.

Supervision & Enforcement

Evergrade Subsidiary Hengda Group Under Investigation

26/09/2023

Due to the investigation, Evergrande is now no longer qualified to issue new notes that were supposed to form part of its restructuring plan.

Sustainable Finance

Philippine SEC Issues New Guidelines on Blue Bond Issuance

26/09/2023

The guidelines set out eligibility criteria for blue projects and activities, based on IFC’s Blue Finance Guidance Framework and ADB’s Green and Blue Bond Framework.