Anti-Money Laundering

INTERPOL Launches Global Money Mule Awareness Campaign

15/08/2022

The Japan-funded global campaign will run for two weeks until 26 August 2022 on social media, with support from 34 countries worldwide.

Fraud, Scams & Cybercrime

China: Nine Execs Allegedly Linked to Semiconductor Fund Fraud

14/08/2022

Executives from a high-profile chipmaker, a fund that invested in it, and the manager of the fund are under investigation in a fraud and corruption probe.

KYC & CDD

Taiwan FSC Again Fines HK Firm for Faulty Beneficiary Disclosure

14/08/2022

Hong Kong-based Capital Target was fined last May and ordered to reduce its shareholdings in a Taiwanese financial conglomerate.

Trading & Investment

SEBI Amends Due Diligence Guidelines for Debenture Trustees

14/08/2022

The enhanced guidelines cover empanelment of external agencies for due diligence, conflicts of interest policy, and allow the creation of additional security post NCD listing.

Reporting & Disclosures

Thai SEC to Develop Guidance on Human Rights Due Diligence

14/08/2022

The guideline is being developed with Chulalongkorn University to help listed entities adopt concrete human rights due diligence practices in line with the UNGPs.

Credit Risk

Vietnam: SBV to Selectively Grant Credit Quotas to Banks

14/08/2022

Several banks have already exhausted their quotas and are no longer accepting new loan applications. The SBV has so far refrained from granting additional quotas.

Climate Risk

ECB Explores Effectiveness of ‘Green QE’ in Mitigating Climate Change

14/08/2022

Green quantitative easing may be an effective policy instrument if governments fail to introduce a carbon tax or equivalent carbon pricing mechanism.

Structural Regulation

More TSE Companies Disclosing Information in English

12/08/2022

English language disclosures are now part of the Corporate Governance Code, and considered a key factor to boost foreign participation in Japanese markets.

Cryptocurrency

FSC Korea Starts Work on New Crypto Legislation

12/08/2022

The new “Digital Assets Basic Act” is likely to adopt various measures from 13 bills already proposed by lawmakers and pending in the National Assembly.