AML / KYC

IFSCA Issues AML/CFT Guidelines for GIFT City Regulated Entities

07/11/2022

The IFSCA said all senior managers are responsible for compliance with the new guidelines, which also apply to financial groups of regulated entities.

Crypto / Digital Assets

EU Parliament to Delay MiCA Vote Until Feb 2023 – Report

07/11/2022

The European Parliament was planning to hold its vote on the MiCA text in December. The European Council approved the text in early October.

Securities / Derivatives

CSRC Launches Upgraded Investor Complaints Service

07/11/2022

The CSRC said the enhancements will make it easier for investors to report issues they encounter and improve processing speed and efficiency.

Australia Postpones Financial Adviser Registration Requirement

07/11/2022

Legislation passed last October required financial advisers to register with ASIC by 1 January 2023. The new deadline is 1 July 2023.

ESG / Sustainability

Singapore Launches New Climate Finance Accelerator

07/11/2022

MAS, Google Cloud and KPMG launched the accelerator to channel capital toward companies with market-ready climate fintech solutions.

Crypto / Digital Assets

Goldman, MSCI, Coin Metrics Launch Taxonomy for Digital Assets

07/11/2022

The taxonomy classifies coins and tokens based on how they are used to facilitate digital asset portfolio analysis, monitoring, benchmarking, and risk management.

Crypto / Digital Assets

SIX Dually Lists UBS Bond on Digital & Traditional Exchanges

07/11/2022

UBS says the issuance is the world’s first public benchmark bond that investors can access in both digital and traditional markets.

Market Infrastructure

APRA Set to Undergo First Review by New Monitoring Body

07/11/2022

The FRAA will focus its first review of APRA on its supervision and resolution functions in relation to superannuation.

Market Infrastructure

ChinaClear Consults on Trading Calendar for Stock Connect

07/11/2022

Stock Connect will be able to trade on any day when both the Mainland and Hong Kong markets are open, even if the corresponding settlement day falls on a public holiday.