Payments & Settlements

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.

Reporting & Disclosures

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.

PEPs & Sanctions

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.

Fraud, Scams & Cybercrime

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.

Market Abuse

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.

Custody & Infrastructure

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.

Structural Regulation

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.

Cybersecurity

India Brokers Asked to Report on AI, ML Systems by 15 Apr

13/04/2019

In line with  January circular from SEBI, BSE India has asked stock brokers to submit their cybersecurity compliance reports for the Jan-Mar quarter.

Cryptocurrency

Japan FSA Proposes Stronger Regulation for Crypto Assets

13/04/2019

In a bill to amend the law, the FSA proposes the introduction of stronger protections for investors and restrictions to prevent misconduct in the crypto sector.