Crypto / Digital Assets

FSB-IMF Paper to Support Global Policy Approach to Crypto

03/03/2023

An “IMF-FSB Synthesis Paper” due to be published in September will support a “coordinated and comprehensive policy approach to crypto-assets”.

Securities / Derivatives

Malaysia Budget 2023 Offers Measures to Boost Capital Market

03/03/2023

The government will allow the issuance of dual-class shares, expand tax deductions for listing expenses, and provide financing for SMEs.

Capital / Liquidity

BCBS Adds New Monitoring Dashboard for Banks’ Crypto Exposures

03/03/2023

In the first six months of 2022, cryptoassets under custody at banks declined 66 percent, largely due to fewer banks participating in the exercise.

ESG / Sustainability

Japan Sets Timeline for Domestic Implementation of ISSB Standards

03/03/2023

Japan will issue draft sustainability disclosure standards based on the ISSB standards by 31 March 2024, and final standards by 31 March 2025.

ESG / Sustainability

UK, Singapore Establish ‘Green Economy’ Cooperative Framework

03/03/2023

The UK and Singapore will cooperate in the areas set out under three pillars – one being carbon markets and sustainable finance.

HKEX to Open London Office Within H1 2023

03/03/2023

The SEHK and HKFE were confirmed as Recognised Overseas Investment Exchanges by the UK’s FCA this week.

Enforcement

HKEX Warns Issuers Against Using “Partial Truth” Disclosures

02/03/2023

Disciplinary action may follow if an announcement is misleading as a result of omission of material information, HKEX said.

Market Infrastructure

AFME Announces Establishment of T+1 Industry Taskforce

02/03/2023

The task force will assess whether Europe should follow the US and other jurisdictions in moving to shorter settlement cycles.

Crypto / Digital Assets

Korea FSS is Investigating Crypto Staking Services – Reports

02/03/2023

The FSS has asked at least three crypto exchanges for data related to crypto staking services.