AML / KYC

Australia’s New Anti-Scam Centre Holds First Advisory Board Meeting

24/07/2023

The Advisory Board agreed to develop a naming convention for scams that will underpin the data sharing and analytics needed to disrupt scams.

Capital / Liquidity

APRA Finalises Guidance on Super Fund Investment Governance

23/07/2023

The guidance covers liquidity management, stress testing, valuation practices, and ESG expectations.

Former CBIRC Branches Rebrand Under New NFRA Umbrella

23/07/2023

A more detailed reform plan outlining the NFRA’s institutional structure, personnel and responsibilities is expected by end August.

Uncategorised

Myanmar’s Opposition Government Launches Neobank

23/07/2023

Users of ‘Spring Development Bank’ will be able to deposit foreign currency and receive USDT, which can also be exchanged for MMK.

AML / KYC

SEBI to Start Requiring FPIs to Provide LEI to Trade in India

23/07/2023

SEBI plans to give non-individual FPIs six months to provide an LEI, failing which their accounts will be blocked for further purchases.

Securities / Derivatives

SSE, SZSE Introduce Ratings System for IPO Sponsors

22/07/2023

China’s primary exchanges adopt performance ratings for sponsors to combat fraud, enhancing capital market integrity and investor confidence.

AML / KYC

China Dismantles Online Gambling Ring, Seizes $160m in Crypto

22/07/2023

Police said the scheme involved a “maze-like criminal network” that used virtual assets to launder money overseas.

Fintech / Regtech

Alipay, WeChat Pay Start Accepting Foreign Credit Cards

21/07/2023

The move allowed travellers to pay for goods and services across China, where mobile payments are needed for most basic necessities.

Crypto / Digital Assets

BOJ Holds First Meeting of Expert Panel on CBDCs

21/07/2023

The first meeting of the CBDC Forum was held on Thursday, including participation from about 60 private business operators.