Crypto / Digital Assets

HKMA, PBOC Expand Scope of e-CNY Pilot in Hong Kong

20/05/2024

Users can top up their wallets using Hong Kong FPS. This is the world’s first linkage between a faster payment system and a CBDC system.

Enforcement

Hong Kong Court Jails Two Former Brokers for False Trading

20/05/2024

The two men, formerly licensed representatives of KGI Asia Limited and South China Securities Limited, were each jailed for three months.

Capital / Liquidity

China Unveils New Package of Measures for Property Market

20/05/2024

The measures include the purchase of unsold homes from developers by local governments to turn them into affordable housing.

AML / KYC

Indonesia Launches Anti-Fraud Strategy Guide for ITSK Sector

19/05/2024

OJK said the guide will help strengthen the digital ecosystem in Indonesia and and build public trust.

Sanctions

Australia, UK Join Allies in Targeting DPRK-Russia Arms Trade

18/05/2024

Australia targeted six entities while the UK targeted three companies and one individual for their involvement in North Korea-Russia arms trade.

AML / KYC

FATF Publishes Updated Procedures for Mutual Evaluations

17/05/2024

FATF will prioritise countries whose assessments are most outdated, that face higher risks and have important financial sectors.

Sanctions

OFAC Sanctions Russians for Over DPRK Weapons Transfers

17/05/2024

Two individuals and three entities were sanctioned for facilitating weapons transfers between Russia and North Korea.

Securities / Derivatives

CSRC Issues Final Rules for Programmatic Trading

17/05/2024

The rules require market participants involved in programmatic trading to register with stock exchanges and make detailed disclosures.

AML / KYC

AUSTRAC, SkyCity Propose A$67m Settlement to Court

17/05/2024

A hearing date has been set for 7 June 2024 for the court to consider the settlement jointly proposed by AUSTRAC and SkyCity Adelaide.