Securities / Derivatives

SC Malaysia Releases Five-Year Sustainable Investment Roadmap

27/11/2019

The Securities Commission has released a roadmap charting out Malaysia’s path to becoming a regional leader in sustainable and responsible investment.

Fintech / Regtech

Korea to Establish Legal Basis for Cryptocurrency Investment

27/11/2019

A bill passed by the national policy committee will subject digital asset businesses to penalties for not meeting FATF standards in their oversight systems for preventing money laundering.

Australia Opens Consultation for Retirement Income Review

27/11/2019

The consultation paper outlined the areas a review panel will assess to understand the adequacy, fairness, sustainability and cohesiveness of the three pillars of Australia’s retirement income system.

ESG / Sustainability

SGX Becomes First Asian Exchange to List Catastrophe Bonds

27/11/2019

The ‘World Bank Philippines Catastrophe Bonds’ will finance up to $225mn of financial protection against earthquakes and tropical cyclones for the Philippines over the next three years.

Securities / Derivatives

CSRC Formally Bars Manipulation of Futures Markets

27/11/2019

The CSRC prohibits four types of futures trading manipulation, including false trading and activities intended to spread false information or create confusion among investors.

AML / KYC

AML Audit Ordered by AUSTRAC Finds Afterpay ‘Low Risk’

26/11/2019

Following AUSTRAC’s order for Afterpay to review its AML/CTF compliance in June on suspicious of breaches, an external order has found the breaches only occurred due to the poor legal advice.

AML / KYC

Myanmar Announces Licensing Framework for Remittance Providers

26/11/2019

The move is aimed at providing a cost-effective channel for the legal movement of money into Myanmar and reduce the use of illegal money transfer brokers.

SGX RegCo Rewards Good Governance with ‘Fast Track’ List

26/11/2019

SGX RegCo has named 95 companies that will receive prioritised responses on selected corporate action submissions for maintaining high standards of governance, compliance and reporting quality.

ESG / Sustainability

Vietnam Banks to Include ESG Factors in Credit Risk Analysis

26/11/2019

The State Bank of Vietnam has directed all Vietnamese banks to include ESG risk assessments in credit risk analysis and establish dedicated ESG analysis units by 2025.