ESG / Sustainability

Climate Action Data Trust Launches Public Dashboard

13/12/2023

The dashboard incorporates datasets from Verra, Global Carbon Council, EcoRegistry, BioCarbon Registry, the UNFCCC’s Clean Development Mechanism, and Bhutan’s national registry.

AML / KYC

Korea Seeking Expanded Powers to Freeze Bank Accounts

13/12/2023

Authorities can already freeze accounts linked to voice phishing scams. Prosecutors are looking to expand this to target gambling and drug crime.

Crypto / Digital Assets

Taiwan FSC to Form New Financial Technology Bureau

13/12/2023

The new bureau, operating alongside the FSC’s four other bureaus, will be charged with regulating and supervising the crypto sector.

AML / KYC

CSRC Proposes Tougher Rules for Private Investment Funds

12/12/2023

Qualified investors in PE and VC funds would have to invest at least CNY 3 million, three times the current threshold.

Sanctions

Canada Sanctions Political Candidates from Russian-Occupied Area

12/12/2023

Canada accuses 30 Russian nationals of taking part in “sham” elections in Russian-occupied Kherson Oblast.

Sanctions

Chinese Firms Among More Than 150 Sanctioned by OFAC for Russia Exports

12/12/2023

Latest OFAC action targets individuals and companies in several countries, including China, Singapore, Türkiye, and the UAE, for exporting to Russia’s military-industrial base.

Big Picture

BIS Paper Offers Guidance on Housing-related Financial Stability Risks

12/12/2023

The report outlines lessons from 14 jurisdictions on the use of macroprudential policies to mitigate financial stability risks associated with the housing market.

Sanctions

Shipping Companies Warned of Red Flags in New US Sanctions Guidance

12/12/2023

Five US agencies team up to issue guidance for shipping and logistics firms as US government continues crackdown on sanctions and export control evasion.

Fintech / Regtech

Thailand SEC Unveils 2024-2026 Strategic Plan

12/12/2023

The plan seeks to boost trust in the capital market, promote the sustainable finance and digital asset ecosystems, and enhance supervisory and enforcement processes.