Structural Regulation

RBI Gets Recommendations on Streamlining Regulatory Requirements

25/06/2022

The RBI’s Regulations Review Authority has also recommended the total elimination of paper-based returns.

Structural Regulation

OJK Indonesia Restricts Stock Trading by Finance Companies

25/06/2022

Indonesia’s OJK also introduced new reporting requirements for securities companies conducting business as underwriters and broker-dealers.

Clearing & Post-Trade

ICMA Issues Guidance to Promote Bond Settlement Efficiency

25/06/2022

The best practice recommendations cover shaping of settlement instructions, partial settlement, auto-borrowing and netting.

Structural Regulation

HKEX Instructs Market to Stop Issuing BCANs to Mainland Investors

24/06/2022

The instructions follow a December 2021 consultation from the CSRC that said Mainland investors would not be allowed to engage in northbound Stock Connect trading.

Tokenisation

ADDX, CCB Partner to Enable Chinese Offshore Investments

24/06/2022

The CCB agreement allows ADDX to operationalise an arrangement with ICHAM to channel QDLP funds from mainland investors into overseas digital securities.

Climate Risk

GFANZ Consults on Net-zero Transition Planning Framework

24/06/2022

GFANZ identifies four critical approaches for financial institutions to support real-economy GHG emissions reductions.

Anti-Money Laundering

NSW to Strengthen State AML Laws to Target Organised Crime

24/06/2022

New legislation will be introduced around September to enable police to stop-and-search for and seize unexplained wealth and ban encrypted devices.

Payments & Settlements

DBS Launches Overseas QR Payments for Singapore Users

24/06/2022

Users of the DBS mobile payment and wallet service known as PayLah! can scan UnionPay QR codes to pay in 45 countries.

CBDCs

Mojaloop Launches CBDC Center of Excellence in Singapore

24/06/2022

MAS welcomed the Center of Excellence, describing Mojaloop’s efforts as “a step forward into the future of financial services”.