Our ground-breaking new innovation lays a path for digital currencies and tokenised assets to integrate seamlessly with the world’s existing financial ecosystem.

Pursuant to the Detailed Rules for the Administration of Tiered Management of Debt Financing Instruments of Overseas Non-financial Enterprises, overseas seasoned enterprises may prepare one set of registration documents covering multiple types of debt financing instruments, including super short-term commercial paper (SCP), commercial paper (CP), medium-term notes (MTN), perpetual notes (PN), asset-backed notes (ABN) and green notes (GN), and apply for DFI Registration. To further facilitate the issuance of panda bonds by overseas unseasoned enterprises, the pilot program will allow overseas unseasoned enterprises to apply for DFI Registration and set a registration amount at the time of registration.

EBA observes that most competent authorities have devoted resources to ensure effective functioning of anti-money laundering and counter-terrorist financing (AML/CFT) colleges. EBA finds that ongoing cooperation and proactive information exchanges between supervisors has not been fully achieved yet in all AML/CFT colleges. EBA recommends the organisation of AML/CFT colleges to be more risk-based.

China will launch a pilot program to streamline the panda bond registration and issuance mechanism in a bid to further open the country's bond market.

The Hong Kong Monetary Authority (HKMA) and Cyberport, supported by Deloitte, co-organised on 21 July the second AML Regtech Lab (AMLab)

The government will step up efforts to reinforce data-sharing and smooth the connections among Customs, tax and other departments to further streamline export tax rebate procedures

China is endeavoring to make financial services more accessible and convenient for new urbanites