Securities / Derivatives

CFTC Proposes Rule Update to Account for Crypto and Cyber Risks

05/06/2023

The CFTC is considering requiring firms to update their risk management frameworks to account for related to crypto, AI, cyber, and climate.

Enforcement

HK Police Arrest Man for Illegal Short Selling, Fraud

04/06/2023

The man fabricated trading statements that falsely showed he held shares in four listed companies he short-sold, when in fact he did not, the SFC said.

Capital / Liquidity

New Global Database of Credit Loss Metrics Launched

04/06/2023

New database provides estimations of macro-implied credit loss rates across jurisdictions, including to project future losses.

ESG / Sustainability

Hong Kong Raises Record $6b in Latest Green Bond Offering

04/06/2023

The green bonds were five times oversubscribed and will be listed on both the Hong Kong and London stock exchanges on 7 June.

Enforcement

APRA Investigating Super Fund Payments to Unions

04/06/2023

APRA chairman John Lonsdale told lawmakers the regulator has an “appetite to take enforcement” where it is needed.

Capital / Liquidity

Credit Suisse Bankers Sue FINMA Over Lost Bonuses

04/06/2023

Some Credit Suisse bankers had their bonus awards based on AT1 bonds, which were wiped out in the government-orchestrated rescue in March.

AML / KYC

NZ’s Ministry of Justice Releases Amended AML Regulations

01/06/2023

From 1 June 2024, new obligations will be imposed on reporting entities related to virtual asset transfers, deposits, withdrawals, and exchange.

Fintech / Regtech

Australia Seeks Public Views on Policy Response to AI

01/06/2023

The consultation will “help ensure Australia continues to support responsible AI practices to increase community trust and confidence,” the government said.

Press Release

Leading Regtech Firms Announced as Winners at Pitch! Regtech

01/06/2023

Judges selected Aboitiz Data Innovation, HAWK:AI, Synpulse, and Rimm Sustainability as the winners at Regulation Asia’s inaugural Pitch! Regtech event.