Taiwan Tightens Telemarketing Rules for Banks

29/08/2023

The new rules will take effect after a nine-month grace period to allow time for banks to make adjustments to their systems and processes.

Enforcement

ASIC’s New 4-Year Plan Highlights Heavy Enforcement Focus

29/08/2023

ASIC will target scams, digitally-enabled misconduct, predatory lending, and greenwashing, while also “closely monitoring” the use of AI.

Crypto / Digital Assets

HashKey Announces Launch of Retail Crypto Trading Service

29/08/2023

HashKey launched trading services for retail crypto investors, allowing them to trading in bitcoin and ether.

Market Infrastructure

KSD-Euroclear Trading Link to Open in H1 2024

29/08/2023

The link will enable international investors to access Korean government bonds via an omnibus account opened by Euroclear at the KSD.

Securities / Derivatives

SEBI to Require Intermediaries to Sever Ties with Unregistered ‘Finfluencers’

28/08/2023

SEBI-registered intermediaries and regulated entities would also be required to stop disbursing referral fees to unregistered entities such as “finfluencers”.

Fintech / Regtech

OCBC Suffers Near Four-hour Bank Service Outage

28/08/2023

OCBC’s internet and mobile banking platforms were disrupted from around 8.30am until around 12.20pm on Monday.

Securities / Derivatives

SEBI Tightens Disclosure Norms for FPIs with Concentrated Investments

28/08/2023

FPIs will have to disclose all their owners if they hold over 50% of their India AUM in a single corporate group.

Securities / Derivatives

DSE Seeks Rule Relaxations to Boost Alternative Trading Board

28/08/2023

The ATB was launched this January but has failed to attract investors and still has only two securities listed.

Market Infrastructure

BRICS Nations Invite Six Nations to Join as Members

27/08/2023

BRICS officials will develop measures to reduce their reliance on the USD in trade, in favour of using local currencies.