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Trading & Investment
Hong Kong Proposes Investor ID for Derivatives Market by 2028
By Sanday Chongo Kabange | 22/09/2025
The SFC is consulting on extending its real-name trading regime to futures and options, mirroring rules already in place for securities.

Clearing & Post-Trade
HK Official Confirms Plan to Pursue T+1 Settlement
By Manesh Samtani | 22/09/2025
Specific proposals for T+1 settlement will be rolled out next year, while officials call for a careful assessment of the more complex 24-hour trading model.

Anti-Money Laundering
BSP Imposes New Limit on Large Cash Payouts to Curb Illicit Finance
By Editors | 22/09/2025
New circular mandates traceable channels for transactions over PHP 500,000 and imposes new enhanced due diligence and reporting duties on FIs.

Clearing & Post-Trade
HKEX's OTC Clear to Launch LPR Swaps Under Swap Connect
By Manesh Samtani | 22/09/2025
OTC Clear is adding the 1-year Loan Prime Rate for Northbound swaps and extending NDIRS tenors, with new risk and reporting rules.

Trading & Investment
BOJ Surprises Market With ETF, J-REIT Disposal Plan
By Manesh Samtani | 22/09/2025
The BOJ will gradually unwind its holdings and end its ETF lending facility, marking a further step towards policy normalisation.

Trading & Investment
China Exchanges Set Out New Framework for Bond Buybacks
By Manesh Samtani | 22/09/2025
New rules from the three major exchanges define specific price-drop triggers for issuers to repurchase bonds on the open market.

Custody & Infrastructure
Central Banks Outline Options for Tokenised Wholesale Settlement
By Manesh Samtani | 21/09/2025
Report co-authored by BIS and seven central banks and maps out six approaches for integrating new technologies like DLT with central bank money.

PEPs & Sanctions
EU, Australia Announce Tightening of Sanctions on Russia
By Manesh Samtani | 20/09/2025
The EU proposes targeting Chinese and Indian firms in a new package, while Australia lowers the Russian oil price cap in a coordinated push.

Stablecoins
Australia Eases Licensing Rules for Stablecoin Intermediaries
By Manesh Samtani | 19/09/2025
ASIC has exempted distributors of licensed stablecoins from holding separate financial services licences to support innovation pending broader reforms.

Trading & Investment
Taiwan and Japan Launch First Cross-Border ETF Listings
By Manesh Samtani | 19/09/2025
Nomura Asset Management has listed feeder ETFs on the Taiwan and Tokyo stock exchanges, marking a key step in regional capital market integration.
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