Trading & Investment

BSEC Prepares to Allow Loss-making Startups to List on Bourses

19/06/2022

Rule changes will allow loss-making companies to determine their offer price premium based on projected business growth.

Fraud, Scams & Cybercrime

Malaysia SC Charges Former Investment Banker for Deception

19/06/2022

The former Hong Leong investment banker deceived four investors into investing in investment schemes that in reality did not exist, the SC said.

Liquidity Risk

Laos Increases Bank Reserve Requirement to Tackle Inflation

19/06/2022

The central bank also adjusted its base interest rate and announced plans to issue a 6-month savings bond that will pay 20 percent annualised interest.

Anti-Money Laundering

EBA Finalises Guidance for AML/CFT Compliance Officers

19/06/2022

The guidelines comprehensively address, for the first time at the EU level, the whole AML/CFT governance set-up at financial institutions.

Fraud, Scams & Cybercrime

Australia: Allianz, AWP Plead Guilty for Making False Statements

19/06/2022

Charges were filed against Allianz Australia Insurance and AWP Australia in February last year.

Market Abuse

Australian Court Fines Money Transfer Firm for Exchange Rate Fixing

18/06/2022

Four individuals were also sentenced to jail on criminal cartel charges, but they were released on good behaviour bonds.

Clearing & Post-Trade

HKEX to Host Preparatory Workshops for New FINI Platform

17/06/2022

HKEX will explain the API development requirements for the new IPO settlement platform, set to launch in June 2023.

Clearing & Post-Trade

TAIFEX to Launch OTC Derivatives Clearing Service Next Month

17/06/2022

The FSC has granted TAIFEX recognition as a QCCP ahead of the launch, which will boost capital efficiency for market participants.

Sustainable Finance

Bank of China Issues First Notes Aligned to Updated CGT

17/06/2022

The Common Ground Taxonomy, first published in November by the EU and China, was updated following consultation.