AML / KYC

UK OFSI Updates Sanctions Guidance to Include Crypto

07/09/2022

Crypto firms are directed to freeze assets of targets listed under the Consolidated List and report suspected sanctions breaches to the OFSI.

Securities / Derivatives

CSRC Green Lights Launch of New ETF Options in China

07/09/2022

ChiNext Board ETF options will list in Shenzhen, while CSI 500 ETF options will list in both Shanghai and Shenzhen.

Securities / Derivatives

Big Four Auditor Facing HK Lawsuit Over Chinese Audit

07/09/2022

The liquidator of a now-collapsed Chinese biotech firm said the auditor could have easily exposed fraud by asking obvious questions.

AML / KYC

Singapore Police Opens New Anti-Scam Command Office

07/09/2022

The opening of the ASCom office was officiated by Minister for Communications & Information Josephine Teo.

Capital / Liquidity

APRA Proposes Guidance on Contingency, Resolution Planning

07/09/2022

The prudential practice guides on financial contingency and resolution planning will be finalised in H1 2023 following a three month consultation.

ESG / Sustainability

China Executes First Triparty Repo Trades Using ESG Bonds

07/09/2022

CFETS, Clearstream and Chinese financial institutions cooperated to execute the first triparty repo trades involving ESG-eligible bonds.

Securities / Derivatives

Beijing Stock Exchange Turns One Year Old

06/09/2022

The BSE issued draft rules for margin trading and securities lending, launched its first treasury bond, and set out plans to introduce its first benchmark index.

Market Infrastructure

CME Proposes Early Conversion of Eurodollar Futures, Options

06/09/2022

The proposed 13 April 2023 conversion date is intended to help firms complete their operational work as early as possible in the LIBOR-to-SOFR transition process.

Fintech / Regtech

KPMG Launches Embedded Finance Hub in Singapore

06/09/2022

KPMG said the Hub will work with MAS and the broader ecosystem to accelerate the adoption of embedded finance in Singapore.