Payments & Settlements

India, Indonesia to Work Towards Establishing Payment Linkages

20/07/2022

The RBI and Bank Indonesia will cooperate in areas such as cross-border payments, digital innovation, and AML/CFT.

Sustainable Finance

JPX Launches New ESG Bond Information Platform

20/07/2022

The new platform brings together information about securities and issuers, including their strategies, use of proceeds, ESG impacts, and external reviews.

Structural Regulation

Philippines: UnionBank Commences Digital Banking Operations

20/07/2022

UnionDigital Bank commenced operations on Monday after receiving the BSP’s green light for the launch last week.

Capital Adequacy

APRA Removes Remaining Capital Overlay Applied on Allianz

20/07/2022

APRA says it is satisfied that Allianz has fulfilled its commitments set out in a court enforceable undertaking undertaken in March 2021.

Payments & Settlements

RBNZ Launches New Standing Repo Facility

19/07/2022

The facility will allow eligible counterparties to lend NZD overnight and receive New Zealand government bonds as collateral.

Liquidity Risk

Korea, US Agree to Cooperate to Stabilise Currency Markets

19/07/2022

Korean and US officials have not explicitly agreed to reopen a currency swap line which expired at the end of last year.

Anti-Money Laundering

PBOC Beijing Penalises Didi Pay for AML Violations

19/07/2022

The violations included failure to confirm the real identities of users, conduct checks on unusual transactions, and report major risks in a timely manner.

Trading & Investment

CSRC Green Lights Launch of New Derivatives on CFFEX

19/07/2022

Futures and options contracts based on China’s small-cap CSI 1000 Index will commence trading on Friday, 22 July.

Anti-Money Laundering

New Zealand Court Dismisses Appeal of First AML Act Convictions

19/07/2022

Jiaxin Finance, its sole director and his mother were sentenced to pay fines for AML/CFT violations in 2020. Their appeals have been dismissed.