ESG / Sustainability

Korea to Launch Carbon-linked ETNs for Retail Investors

08/03/2024

Korea’s Ministry of Environment, KRX and local securities firms are working to launch ETNs linked to carbon allowances by August this year.

AML / KYC

Singapore Police, Banks Deploy RPA Technology to Combat Scams

08/03/2024

Over two months, the tech was used to send more than 15,000 SMSes to potential victims alerting them to the deceptive schemes they were entrenched in.

Enforcement

Three Charged in Singapore Over Links to Billion-dollar Nickel Fraud

08/03/2024

The former CEO and two directors of Envysion Wealth Management have been charged over poor risk management and failure to mitigate conflicts of interest.

Securities / Derivatives

US SEC Enhances Disclosures on Order Execution Quality

08/03/2024

The amendments for the first time enable customers of larger broker-dealers to gain access to direct information about aggregate execution quality.

AML / KYC

UK Companies House Probes Erroneous Filings in Corporate Register

08/03/2024

Companies House this week gained new powers that allow it greater powers to query information and request supporting evidence.

Capital / Liquidity

Taiwan FSC to Allow Insurers to Issue Capital Bonds Overseas

07/03/2024

Cathay Life Insurance has already announced it will establish an SPV in Singapore to issue bonds, which would make it the first to take advantage of the revision.

Capital / Liquidity

Non-Banks Can Apply for ESAS Access at Year-End: RBNZ

07/03/2024

The RBNZ said its final ESAS access policy will balance its initial risk-based approach against the innovation and competition benefits the access will bring.

Crypto / Digital Assets

HKMA Commences wCBDC Project to Drive Tokenisation

07/03/2024

Project Ensemble could help to forge new financial market infrastructure that can bridge tokenised assets and money in transactions, the HKMA said.

Sanctions

EU to Sanction 35 Individuals Over Death of Alexei Navalny

07/03/2024

The EU’s sanctions will target the most number of individuals over Navalny’s death compared to those of its allies Australia, Canada, the UK and US.