Securities / Derivatives

CSRC Solicits Suggestions on Improving Capital Market

20/02/2024

Market participants have called for strict control over IPO access and stronger supervision of listed companies.

Sanctions

EU, US, UK to Respond to Death of Top Putin Critic With Sanctions

20/02/2024

Aleksei Navalny, who survived a poisoning four years ago, died in a remote Arctic prison where he was serving a three-decade sentence.

Enforcement

CBA Fined A$10.3m for Underpaying Employees

20/02/2024

Across Australia, some 7,400 CBA and CommSec employees were underpaid A$16mn from 2015 to 2021.

Sanctions

US Eases Restrictions on DRPK Humanitarian Activities

18/02/2024

NGOs will be able to engage in a broader range of humanitarian-related activities involving North Korea with fewer bureaucratic hurdles.

AML / KYC

NatWest to Claw Back Bonuses from Ex-Staff Over 2021 AML Fine

18/02/2024

Malus, clawback or reduction notices will be applied to ten individuals who were in role when the failures occurred but have since left NatWest.

Capital / Liquidity

Bangladesh Bank Introduces Taka-Dollar Swap System

18/02/2024

The new system is expected to help the central bank rebuild foreign exchange reserves while also easing local currency liquidity stress.

Fintech / Regtech

RBI Defers Effective Date of Paytm Payments Bank Restrictions

18/02/2024

The deferral is to allow customers more time to make alternative arrangements. RBI also released FAQs to clarify the impacts of the restrictions.

ESG / Sustainability

Malaysia Consults on Local Implementation of ISSB Standards

18/02/2024

IFRS S1 and IFRS S2 would be mandatory for Main Market issuers, and potentially ACE Market issuers and large non-listed companies.

Enforcement

Former Goldman Analyst Jailed in the UK for Insider Trading

18/02/2024

Mohammed Zina used sensitive information about deals Goldman was advising on to trade shares in six companies.