Trading & Investment

MAS Tightens Monetary Policy Amid Inflation Concerns

14/10/2021

MAS will slightly raise the slope of the S$NEER policy band to ensure medium term price stability while recognising the risks to the economic recovery.

Data Privacy

RBI to Allow Foreign Banks to Store Limited Data Overseas

14/10/2021

Following meetings with foreign banks, the RBI will allow certain static data to be stored in offshore locations for AML and sanctions screening purposes.

Trading & Investment

Shenzhen, Guangdong Issue First-ever Offshore Bonds

14/10/2021

Shenzhen and Guangdong have become the first local government authorities in China to issue RMB-denominated bonds in offshore markets.

Payments & Settlements

Cross-border Payments Roadmap Remains Firmly on Track: FSB

14/10/2021

The FSB has published a progress report on work to enhance cross-border payments as outlined in the G20 Roadmap last year.

Supervision & Enforcement

RBNZ Consults on Approach to Enforcement Decision-making

14/10/2021

A new consultation paper seeks feedback on the principles and criteria which will guide the RBNZ’s enforcement decision-making process moving forward.

Trading & Investment

SEBI Orders Mutual Funds to Direct More Trades to RFQ Platforms

13/10/2021

From 1 December, 25% of mutual funds’ corporate bond trades must be directed through RFQ platforms of stock exchanges.

Conduct, Culture & Accountability

ASIC Calls for Review of Non-compliant Whistleblower Policies

13/10/2021

Some policies inaccurately refer to obsolete requirements for whistleblowers to identify themselves or make disclosures in good faith or without malice to qualify for protection.

Anti-Bribery & Corruption

China Launches Inspections of Financial Regulators, State Banks

13/10/2021

Inspection teams will be dispatched to the PBOC, CBIRC, CSRC, stock exchanges, and state-owned banks and asset managers to identify corruption.

CBDCs

G7 Ministers to Endorse Guiding Principles for CBDC – Report

13/10/2021

The principles call for appropriate regulation and oversight, rigorous privacy and data protection standards, and safeguards to prevent fraud and sanctions evasion.