AML / KYC

Indonesia Launches Anti-Fraud Strategy Guide for ITSK Sector

19/05/2024

OJK said the guide will help strengthen the digital ecosystem in Indonesia and and build public trust.

Sanctions

Australia, UK Join Allies in Targeting DPRK-Russia Arms Trade

18/05/2024

Australia targeted six entities while the UK targeted three companies and one individual for their involvement in North Korea-Russia arms trade.

AML / KYC

FATF Publishes Updated Procedures for Mutual Evaluations

17/05/2024

FATF will prioritise countries whose assessments are most outdated, that face higher risks and have important financial sectors.

Sanctions

OFAC Sanctions Russians for Over DPRK Weapons Transfers

17/05/2024

Two individuals and three entities were sanctioned for facilitating weapons transfers between Russia and North Korea.

Securities / Derivatives

CSRC Issues Final Rules for Programmatic Trading

17/05/2024

The rules require market participants involved in programmatic trading to register with stock exchanges and make detailed disclosures.

AML / KYC

AUSTRAC, SkyCity Propose A$67m Settlement to Court

17/05/2024

A hearing date has been set for 7 June 2024 for the court to consider the settlement jointly proposed by AUSTRAC and SkyCity Adelaide.

Capital / Liquidity

MAS Issues Notice on Basel III Implementation

17/05/2024

MAS issued a notice to cancel the 2012 MAS Notice 637 and implement a new notice on the Basel III reforms with effect from 1 July 2024.

Securities / Derivatives

SFC Allows Broader Master-Feeder ETF Offerings in Hong Kong

17/05/2024

The SFC is extending the existing streamlined requirements for master ETFs to overseas-listed actively managed ETFs.

Market Infrastructure

Australia Advances Work to Improve Competition in Clearing, Settlement

17/05/2024

A new legislative instrument will empower ASIC to make rules to improve competition in clearing and settlement services.