Conduct, Culture & Accountability

Court Issues Australia’s Largest Ever Fine for Disclosure Failures

17/02/2023

Former ASX-listed GetSwift was ordered to pay A$15mn. Three former directors were also penalised.

Market Data & Technology

CFTC to Require UPIs in Swaps Reporting Starting Jan 2024

17/02/2023

UPIs issued by the DSB will be required in reporting credit, equity, foreign exchange, and interest rate swaps from 24 Jan 2024.

Fraud, Scams & Cybercrime

US SEC Files Securities Fraud Charges Over Terra Collapse

17/02/2023

The Terraform ecosystem was ‘simply a fraud propped up by a so-called algorithmic stablecoin’, says Gurbir Grewal.

Tokenisation

Hong Kong Issues First-of-its-kind Tokenised Green Bond

17/02/2023

Financial Secretary Paul Chan said the issuance demonstrates Hong Kong’s strengths in combining bond market, green and sustainable finance, and fintech.

Tokenisation

Siemens Issues First Blockchain-based Digital Bond

17/02/2023

Siemens said it sold the bond directly to investors without engaging CSDs, and the transaction was completed within two days.

Market Data & Technology

Bursa Malaysia Launches Low Latency Connectivity Solution

17/02/2023

International market participants can access Bursa Malaysia’s data feed via more than 900 data centres in 32 countries.

Market Data & Technology

DSB Seeks Additional Expertise in OTC Derivatives, Digital Assets

17/02/2023

The DSB Product Committee is seeking increased representation from Asia and additional expertise in digital assets-related OTC derivatives.

PEPs & Sanctions

Sanctioned Crypto Mixer Relaunched Under New Name

16/02/2023

Blockchain analytics firm Elliptic found a trail of transactions linking sanctioned crypto mixer Blender to a new mixing service that was launched in October.

KYC & CDD

Banks Should Use CDI to Streamline KYC, Credit Processes: HKMA

16/02/2023

Banks with material SME business are expected to complete their technical connection to the CDI and CCRA@CDI before the end of this year.