ESG / Sustainability

US Treasury Launches Data Hub for Climate Risk Assessments

01/08/2022

The Climate Data and Analytics Hub will enable financial regulators to use data from across the government to assess climate-related financial stability risks.

APRA Proposes to Enhance Strategic Planning in Superannuation

01/08/2022

APRA proposes to update its prudential standard governing strategic planning and member outcomes in superannuation, just 2.5 years after it took effect.

Crypto / Digital Assets

UK Law Commission Proposes Reforms to Accommodate Crypto

01/08/2022

New consultation paper proposes explicit recognition of digital assets under law as a distinct category of personal property, provisionally called ‘data objects’.

Enforcement

ASIC Issues First Stop Orders Under DDOs Regime

01/08/2022

Three firms are required to temporarily stop offering their products to consumers due to deficiencies in their target market determinations.

Securities / Derivatives

India Launches First International Bullion Exchange

01/08/2022

The exchange is expected to facilitate efficient price discovery; ensure standardisation, quality assurance and sourcing integrity; and help bring more foreign traders to India.

PBOC, State Banks to Refinance Stalled Property Projects

01/08/2022

The PBOC will provide CNY 200 billion in funding to state owned banks, which will be tasked with financing the resumption of stalled real estate projects.

BSP to Ease Documentary Requirements for FX Transactions

31/07/2022

The BSP has proposed draft rules to ease the documentary requirements for registering inward investments and FX remittances to fund investments.

Capital / Liquidity

SFC Fines Hedge Fund Manager for Liquid Capital Deficit

31/07/2022

KTF Capital Management had a HK$20mn deficit between 13 and 18 December 2018 but misrepresented to the SFC that it maintained sufficient liquid capital during the period.

ESG / Sustainability

JPX Unveils Plans to Promote ‘New Capitalism’ Agenda

31/07/2022

JPX will develop an environment that promotes innovation and growth in companies, while also improving financial literacy and promoting asset building by households.