Market Data & Technology

ISDA Publishes New Paper on Digital Regulatory Reporting

01/04/2022

DRR will allow for consistent rule interpretation, more streamlined and automated reporting, and fewer data quality issues, ISDA says.

Structural Regulation

US SEC Proposes Enhanced Protections for SPAC Investors

31/03/2022

The proposal aims to provide SPAC investors additional disclosures and protections similar to those they would receive in an IPO.

Payments & Settlements

SAFE to Relax Threshold for Declaring Foreign Receipts, Payments

31/03/2022

SAFE proposes to increase the dollar threshold over which Chinese residents have to make declarations of their foreign receipts and payments.

Emerging Prudential Risks

FSB Publishes Work Programme for 2022

31/03/2022

Key focus areas include work to address Covid-19 scarring effects, enhance cross-border payments, and address financial risks from climate change.

Trading & Investment

SEBI Proposes to Shorten Timelines for Open Offers, Buybacks

31/03/2022

The proposed changes include a shorter time period during which an open offer or buyback offer can remain open, from 10 days to 5 days.

Conduct, Culture & Accountability

ASIC Finalises New Complaints Data Reporting Framework

31/03/2022

Under the framework, 11 large financial firms will be required to report internal dispute resolution data to ASIC for the first time by 28 February 2023.

Credit Risk

Vietnam Considers Allowing Organisation to Lend Overseas

31/03/2022

Economic organisations will be allowed to provide offshore loans provided they comply with relevant laws and receive approval from the Prime Minister’s office.

Fraud, Scams & Cybercrime

Singapore Police, Banks Step Up Scam Intervention Efforts

31/03/2022

In a four-day operation last week, the police and five banks intervened in 150 scam cases, which resulted in the arrests of 35 individuals.

Operational Risk

RBNZ Satisfied with ANZ NZ Governance Improvements

31/03/2022

ANZ has “invested heavily” in its director attestation framework remediation uplifted its overall governance capabilities.