ESG / Sustainability

Bursa Malaysia Receives SBTi Validation for Net Zero Targets

04/09/2024

Bursa Malaysia is the first exchange in Asia to have SBTi validation for both its near- and long-term emission reduction targets.

Crypto / Digital Assets

UDPN Integrates AUDD Stablecoin into Global Platform

04/09/2024

The integration is expected to accelerate the adoption of AUDD, and reduce friction in international payments.

Sanctions

UK Suspends 30 Export Licences to Israel Over Humanitarian Concerns

03/09/2024

30 of 350 export licences to Israel were suspended due to a “clear risk” that items might be used to violate international humanitarian law.

Capital / Liquidity

China Considers Allowing Homeowners to Renegotiate Mortgage Terms

03/09/2024

China’s interest rate cuts this year have mostly benefited new homebuyers rather than existing homeowners, whose loans have not yet been repriced.

Enforcement

Korean Courts Overturn Two FSC Penalty Decisions

03/09/2024

A KRW 669.1 million fine against Shinhan Investment Corp and a KRW 1 billion fine against Kepler Cheuvreux were overturned.

Sanctions

UK Imposes Sanctions on Iranians for ‘Destabilising’ Activities

03/09/2024

One entity and three individuals were sanctioned for supporting activities intended to the UK and other countries.

Indonesia, Korea Set to Implement Local Currency Framework

02/09/2024

14 Indonesian and 7 Korean banks have been appointed to handle transactions between the two countries using local currencies.

ESG / Sustainability

Taiwan Announces New Regulations Governing Carbon Fees

02/09/2024

Taiwan will launch a domestic carbon credit exchange platform in October; Carbon fee collection will commence in 2026.

Fintech / Regtech

KOFIA Introduces New Warning System for K-OTC Market

02/09/2024

The new system will warn investors when K-OTC stocks are exhibiting signs of market manipulation or abnormal price surges.