Capital Adequacy

CFTC Proposes Capital Comparability Determination for Japan

02/08/2022

Nonbank swap dealers domiciled in Japan would be able to satisfy certain US capital and financial reporting requirements by complying with comparable requirements in Japan.

Emerging Prudential Risks

US SEC Asks Firms to Detail Russia-Related Exposures – Report

01/08/2022

The SEC sought broad information from companies in May but is now asking for more specifics from some firms, including Citi.

Sustainable Finance

Singapore to Launch Inaugural Sovereign Green Bond Sale

01/08/2022

Both institutional and retail investors will be able to apply to purchase the bonds, which will be launched via a book-building process this week.

Cybersecurity

Malaysia SC Proposes Technology Risk Management Rules

01/08/2022

The regulatory framework includes a set of principles for capital market entities to adopt in their use of AI/machine learning.

Trading & Investment

Shanghai, Shenzhen Bourses Revise Convertible Bond Rules

01/08/2022

New trading rules and self-regulatory guidelines are aimed at preventing excess speculation and promoting the development of the convertible bond market.

Sustainable Finance

High Definition: Does Asia Need a Unified ESG Taxonomy?

01/08/2022

As countries move at different speeds towards developing their own standards, is this multiplicity an obstacle to a greener future?

Fraud, Scams & Cybercrime

FSC Fines Bank of Taiwan Over Embezzled Customer Funds

01/08/2022

The illegal behavior lasted nearly 10 years, affecting nine customers, five of which were seniors. The total amount involved was about TWD 84.5 million.

Conduct, Culture & Accountability

HKEX Extends Listing Rules to Cover Share Award Schemes

01/08/2022

The rule amendments relating to share schemes will come into effect on 1 January 2023, however issuers may adopt the amended rules earlier.

Trading & Investment

SGX, NSE Formally Launch Trading Link at GIFT City

01/08/2022

NSE IFSC-SGX Connect is ready to trade and clear Nifty equity derivatives for global institutions, with seven SGX members already onboarded.