Liquidity Risk

APRA Commences Post Implementation Review of LCR, NSFR

06/03/2022

The review will inform potential adjustments to the LCR and NSFR and a broader review of APRA’s liquidity requirements.

Sustainable Finance

APLMA, LMA, LSTA Publish New ESG Guidance Documents

06/03/2022

The guidance documents are intended to support the development of green, social, and sustainability-linked loans.

Conduct, Culture & Accountability

NZ FMA Censures Derivatives Issuer Over Suitability Checks

05/03/2022

CTRL Investments allowed investors who could not demonstrate the necessary skills and knowledge to trade derivatives.

Tokenisation

US SEC Probes Whether NFTs Are Being Used Like Securities

05/03/2022

The SEC has reportedly sent subpoenas demanding information about NFT offerings that could be raising funds like traditional securities.

Capital Adequacy

Bank Indonesia Offers Incentives for Inclusive Financing Activities

04/03/2022

Banks that expand priority sector credit and inclusive financing beyond certain thresholds can reduce their statutory reserve requirements.

Anti-Money Laundering

UK, UAE Launch New Toolkit Targeting Illegal Wildlife Trade

04/03/2022

Financial institutions worldwide are urged to adopt the toolkit; share it with colleagues, peers and industry partners; and take action to stamp out IWT.

PEPs & Sanctions

DOJ Launches New Task Force Targeting Russian Oligarchs

04/03/2022

Task Force KleptoCapture will use “the most cutting-edge investigative techniques” to identify sanctions evasion and related criminal misconduct by Russian oligarchs.

PEPs & Sanctions

Credit Suisse Attempts to Conceal Records on Russian Clients – Report

04/03/2022

Credit Suisse reportedly asked investors to destroy documents relating to a loan securitisation backed by “jets, yachts, real estate and/or financial assets”.

Fraud, Scams & Cybercrime

Korean Broker and Bank Penalised Over Optimus Mis-selling

04/03/2022

NH Investment & Securities cannot sell new private equity funds for three months. Hana Bank cannot be appointed as a fund trustee for three months.