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Crypto / Digital Assets
China Establishes CBDC Connectivity with Hong Kong FPS
07/10/2023
Members of the Hong Kong delegation at the Asian Games in Hangzhou are able to download the e-CNY mobile app and recharge their accounts via FPS.
ESG / Sustainability
NGFS Publishes Conceptual Note on Short-term Climate Scenarios
07/10/2023
The conceptual note proposes five different climate scenario narratives to underpin the short-term dynamics associated with various transition and physical impacts.
Crypto / Digital Assets
ESMA Issues Second Consultation on MiCA Technical Standards
07/10/2023
The consultation covers sustainability indicators of CASPs, trade transparency, record-keeping, and machine-readability of white papers.
Enforcement
Malaysia’s High Court Penalises Former Bank Rakyat Execs
06/10/2023
Bank Rakyat’s ex-chairman and ex-managing director breached their fiduciary duties by arranging sponsorship for a book about Najib Razak in 2016.
ESG / Sustainability
Canada’s Main Market Operator Launches ESG Data Hub
06/10/2023
The data hub will include climate action plans, impact quantifying, company and controversy screening, news and event coverage, and corporate peer analysis.
Crypto / Digital Assets
BCBS to Issue New Consultations on Climate, Crypto Disclosures
06/10/2023
Consultation on bank disclosures of crypto exposures coming “soon”. Consultation on Pillar 3 disclosures for climate-related financial risks coming in November.
ESG / Sustainability
Bursa Malaysia Issues Handbook for Voluntary Carbon Market
06/10/2023
The handbook defines the roles and functions of key entities in Malaysia’s carbon market operations, and provides information on how the Bursa Carbon Exchange works.
AML / KYC
Singapore Property Agents Found Guilty of Breaching AML Rules – Report
06/10/2023
The agents failed to comply with regulations relating to obtaining, documenting and verifying the accuracy of the identifying information of the buyers.
Sanctions
OFAC Sanctions China-based Network for Fentanyl Production, Trafficking
04/10/2023
The DOJ unsealed indictments charging Chinese companies and their employees for illicit drug production, distribution, and sales of precursor chemicals.
ESG / Sustainability
Philippine SEC Consults on Revised Sustainability Reporting Guidelines
04/10/2023
Listed companies will be required to submit sustainability reports in two formats. Consultation is open until 16 October.
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