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. manesh@regulationasia.com
Market Infrastructure
FCA Confirms Rules on Using Synthetic GBP and JPY LIBOR
16/11/2021
Synthetic GBP and JPY LIBOR rates will be published until end-2022 and can be used in all legacy LIBOR contracts other than cleared derivatives.
Market Infrastructure
China Issues New Draft Regulations on Online Data Security
15/11/2021
Companies looking to IPO in Hong Kong would have to undergo a cybersecurity assessment if their data-processing activities may have an impact on national security.
ESG / Sustainability
SRI Taxonomy a ‘Critical Building Block’ for Malaysia Capital Market
15/11/2021
Malaysia’s Securities Commission is on track to publish a draft SRI taxonomy for consultation by the end of the year.
Securities / Derivatives
BNM Raises Expectations of Good Conduct in Wholesale Markets
14/11/2021
The board and management must ensure good conduct culture is embedded and governance structures “inculcate fair and ethical decision making”.
Fintech / Regtech
PBOC Seeks to Enhance CBDC Design and Functionality
11/11/2021
The PBOC will improve the e-CNY’s settlement efficiency, privacy protection, anti-counterfeiting measures, and interoperability with existing payment tools.
Fintech / Regtech
MAS to Build Out CBDC Infrastructure, Technical Competencies
10/11/2021
Speaking at Singapore Fintech Festival, MAS managing director Ravi Menon outlined three reasons MAS could issue to a CBDC, while also highlighting the associated risks.
Enforcement
US Treasury Announces New Ransomware-related Sanctions
09/11/2021
The US Treasury Department, OFAC, State Department, DOJ, and FinCEN have taken coordinated action to counter the ransomware threat.
Market Infrastructure
HKEX Proposes April 2022 Launch of Derivatives Holiday Trading
09/11/2021
HKEX proposes to only allow Holiday Trading Participants access to Holiday Trading Products, i.e. non-HKD futures and options, even on regular business days.
PBOC Launches Credit Tool to Support Emissions Reduction
09/11/2021
The PBOC will provide lenders up to 60 percent of the principal of carbon emission reduction loans at an interest rate of 1.75 percent.
Market Infrastructure
Hong Kong to Issue First HONIA Floating Rate Notes
08/11/2021
The issuance is aimed at encouraging the private sector to issue similar products and develop of other HONIA-linked instruments.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team