Enforcement

Deloitte Indian Unit Under Investigation in IL&FS Case

16/04/2019

A letter from a whistleblower at Deloitte’s local India unit has triggered a malpractice investigation into its role as auditor for the troubled IL&FS group.

Fintech / Regtech

IMF, World Bank Launch Blockchain Knowledge Project

16/04/2019

The purpose of the project is to help the IMF and World Bank staff become more familiar with the principles behind DLT, as well as its challenges and real world applications.

Fintech / Regtech

India to Strengthen Digital Payments with Blockchain

15/04/2019

The National Payments Corporation of India is soliciting interested partners to build a blockchain-powered digital payments platform for the country.

ESG / Sustainability

Hong Kong’s SFC Releases Guidance on Green Funds Disclosure

15/04/2019

The SFC has set out its disclosure expectations for fund managers claiming a green or ESG focus in their investment products, in a bid to facilitate informed decision making by investors.

AML / KYC

Southeast Asia Vulnerable to North Korea Crypto Activity

15/04/2019

New RUSI research reveals how North Korea can exploit cryptocurrency, particularly in Southeast Asia, to circumvent international sanctions.

AML / KYC

OCBC Received Police Award for Foiling Fraud Attempt

15/04/2019

OCBC was able to recover $205,000 from a Malaysian bank after a transaction was flagged by its fraud surveillance unit as not fitting the client’s usual patterns.

Enforcement

Goldman, Credit Suisse Raided in Seoul in Samsung BioLogics Probe

15/04/2019

Prosecutors are reportedly looking for information about a scrapped Nasdaq listing of a Samsung BioLogics subsidiary, to shed light on possible accounting irregularities.

Fintech / Regtech

New Global Blockchain Association INATBA Takes Shape

15/04/2019

SWIFT, Ripple, Accenture, Barclays, BBVA, Deutsche Börse and R3 are among the 105 founding members of the International Association of Trusted Blockchain Applications.

Market Infrastructure

Beijing Municipal Government Seeks QDII, RQDII Expansion

15/04/2019

Beijing vice mayor Yin Yong says securities firms, fund managers and futures trading firms should be able to to invest outside China through the QDII and RQDII schemes.