Capital / Liquidity

ESMA Recognises TAIFEX as QCCP Under EMIR

11/11/2022

The recognition lowers capital requirements and makes managing counterparty risk easier for EU financial institutions participating in Taiwan’s market.

Enforcement

DFSA Fines Bank of Singapore for Inadequate AML Controls

11/11/2022

Bank of Singapore offered the DFSA an enforceable undertaking agreeing to remediate deficiencies and engage an external compliance expert for verification.

Enforcement

SFC, ICAC Arrest Eight Over Ramp-and-Dump Schemes

11/11/2022

Combating social media ramp-and-dump schemes remains one of the top enforcement priorities of the SFC, says executive director of enforcement, Christopher Wilson.

Capital / Liquidity

FSB Sets Out Policy Proposals to Address Systemic Risk in NBFI

11/11/2022

The report offers policy proposals to address systemic risk in NBFI, highlighting recent strains in commodities and bond markets.

ESG / Sustainability

Net-Zero Data Public Utility to Launch as Beta in H2 2023

11/11/2022

The Climate Data Steering Committee has set out the necessary foundational data that will be included in the initial phase of the NZDPU.

Fintech / Regtech

RBNZ Considers Need to Regulate Crypto Assets

11/11/2022

The RBNZ plans to publish an issues paper on the potential need to regulate private cryptoassets early next month.

Securities / Derivatives

China Expands Bond Financing Support for Private Enterprises

10/11/2022

CNY 250 billion in bond issuances by private firms including developers will be supported through bond guarantees, credit enhancements, and bond purchases.

ESG / Sustainability

BNM Launches “Greening Value Chain” Programme for SMEs

10/11/2022

The programme will provide Malaysian SMEs with technical advice, training, on-site diagnosis and transition financing.

AML / KYC

BSP Proposes Draft Regulations on TFS Implementation

10/11/2022

The amendments target terrorist and proliferation financing and are aimed at helping the Philippines secure its removal from the FATF grey list.