Fintech / Regtech

Thai Bourse Launches New Trading System Using Nasdaq Tech

01/06/2023

The new trading system was launched by SET and TFEX along with new data distribution and market surveillance systems, using Nasdaq technology.

ESG / Sustainability

Singapore to Consult Again on Green Taxonomy – Report

01/06/2023

MAS plans to issue a new consultation in the coming weeks to include additional criteria on coal phase-out in the taxonomy.

Fintech / Regtech

MAS to Enhance Generative AI Capabilities via Google Partnership

01/06/2023

The collaboration will enable MAS will develop its own generative AI capabilities and “inspire greater adoption” of the technology in the financial sector.

Sanctions

OFAC Sanctions More Chinese Entities Over Fentanyl Epidemic

01/06/2023

The Chinese embassy in Mexico said the accusations are groundless and that China has been vigorously carrying out international anti-drug law enforcement cooperation

Crypto / Digital Assets

CFTC Issues Advisory on Risks of Clearing Crypto Derivatives

31/05/2023

Commissioner Kristin Johnson said the advisory means a formal rulemaking process on crypto clearing is warranted.

Market Infrastructure

LME Consults on Reforms to Boost Confidence in Metals Market

31/05/2023

The proposed reforms include expanded reporting on stored metal, permanent measures to address low stock levels, and revised closing price methodologies.

Market Infrastructure

China to Boost Yuan Settlement in Africa Trade

31/05/2023

A new centre set up in Yiwu, Zhejiang Province, will expand the use of the yuan settlement in cross-border trade with Africa.

Capital / Liquidity

HKMA Consults on Output Floor, Credit Risk Framework

31/05/2023

The consultation focuses on the implementation of the revised credit risk framework and the output floor.

Enforcement

MAS Bans Former StanChart Adviser Following Forgery Conviction

31/05/2023

The former representative altered a document to falsely presenting another client as the account holder instead of the actual client.