Capital / Liquidity

APRA Finalises Reporting Standards for New Bank Capital Framework

11/08/2022

To maximise the time available for entities to develop reporting solutions, the APRA Connect external test environment will be made available in early September.

Crypto / Digital Assets

HKMA, InvestHK Invite Firms to Showcase CBDC Solutions

11/08/2022

A CBDC track has been added to Global Fast Track 2022. Banks, fintechs and tech firms are asked to submit innovative solutions in eight focus areas.

AML / KYC

Former BitMEX Exec to Pay Fine for Violating AML Law

11/08/2022

The US Attorney previously secured judgments against the firm’s three co-founders for violating US derivatives laws and AML rules.

AML / KYC

Hong Kong Saw Almost HK$400m in Crypto Scams in H1 2022

11/08/2022

Crypt-related scams, job scams and online shopping scams made up the top three types of cybercrimes in Hong Kong in the first half of this year.

Securities / Derivatives

Bursa Malaysia Proposes Rules for LEAP-to-ACE Listing Transfers

10/08/2022

The framework will help LEAP Market companies transfer to the ACE Market, which offers a “more robust listing environment” and is open to the public.

Market Infrastructure

India: IFSCA Seeks to Merge GIFT City Exchanges – Report

10/08/2022

IFSCA is reportedly seeking to execute a merger between India INX and NSE IFSC, which are subsidiaries of BSE and NSE respectively.

RBI Widens Scope of Ombudsman Mechanism to Include CICs

10/08/2022

Credit information companies will be required to have their own internal ombudsman framework, the RBI said.

Securities / Derivatives

China: Dalian Exchange Launches Trading in Soybean, Soyoil Options

10/08/2022

The new contracts will help firms to meet their risk management needs and also support the high-quality development of the related sectors, the CSRC said.

Market Infrastructure

China to Remove Foreign Ownership Cap for Insurance AMCs

10/08/2022

The CBIRC said a 25 percent cap on foreign ownership of insurance asset management companies will be scrapped on 1 September.