AML / KYC

Australia to Establish SMS Sender ID Registry

24/04/2023

The move will add a “new layer of protection” for Australian consumers against scammers using these known brands to target and deceive.

Crypto / Digital Assets

US Government to Allow Voyager-Binance.US Deal to Proceed

24/04/2023

The DOJ is prepared to allow the deal to proceed, provided that the contentious elements be put on hold pending a legal appeal.

Crypto / Digital Assets

FIX Protocol Adopts Digital Token Identifier ISO Standard

24/04/2023

Adding the DTI to FIX will allow the industry to incorporate the trading and settlement of digital assets into their current trading and settlement operations.

Securities / Derivatives

China to Open More Derivatives to QFIs in Q3: Sources

24/04/2023

Chinese regulators are said to also be considering a proposal to link a CME Group derivatives product with its China-listed counterpart.

ING Files Suit Against ICBC Over Losses on Copper Deals

24/04/2023

ICBC allegedly released export documents for copper deals without collecting payment, resulting in $170m in losses to ING, which was financing those deals.

ESG / Sustainability

FSB Identifies Growing Use of Climate Metrics in Compensation

24/04/2023

The inclusion of climate-related metrics in compensation frameworks is at an “early, evolutionary stage” and is focused on executive and senior management.

AML / KYC

Malaysia in Talks with China to Secure Jho Low Repatriation

24/04/2023

An arrangement is being “hotly debated” inside the Malaysian government after PM Anwar Ibrahim’s first official trip to China last month.

ACCC Issues Paper Seeks View on Banks’ Rate-setting Practices

24/04/2023

ACCC chair says the inquiry will closely examine how banks make decisions on interest rates and any barriers consumers face in getting a better deal.

Enforcement

19 Year Old Pleads Guilty for Involvement in OCBC Phishing Scams

24/04/2023

The youth is the sixth individual to be convicted among those accused of being involved in phishing scams.