Capital / Liquidity

Banks Working to Assess Climate Impacts on Trading Book

06/11/2022

An ISDA-EY report says banks see the potential benefits of engaging with regulators to help define and run an exploratory scenario for the trading book.

Fintech / Regtech

MAS to Cooperate with Ghana on Trade and Financial Services

04/11/2022

MAS will work on initiatives to generate greater opportunities for trade and financial services cooperation between Singapore and Ghana.

Crypto / Digital Assets

NY Fed Issues Phase One Report on Wholesale CBDC Research

04/11/2022

In the test environment, wholesale CBDC transactions on a blockchain-enabled distributed ledger system settled in under 15 seconds on average.

AML / KYC

AUSTRAC Issues Updated Guidance on Due Diligence Obligations

04/11/2022

The first guidance document covers enhanced customer due diligence procedures. The second covers the measures for screening employees and training them on ML/TF risks.

Enforcement

APRA Imposes Licence Conditions on Insignia Group Trustees

04/11/2022

The additional licence conditions require four Insignia trustees to improve their governance and risk management practices, processes and frameworks.

AML / KYC

AUSTRAC Orders AML Audits at Two Corporate Bookmakers

04/11/2022

Sportsbet and Bet365 are among the largest corporate bookmakers in Australia. AUSTRAC chief Nicole Rose said the whole industry is on notice.

Chinese Regulators Issue New Celebrity Endorsement Rules

04/11/2022

The rules target a number of industries, including tutoring services, healthcare  and financial products.

Fintech / Regtech

ACCC Studies Data Quality Issues in CDR Ecosystem

03/11/2022

The consultation is gathering views on data quality issues in the CDR ecosystem, the harms they cause, and ways to address them, including through enforcement.

Securities / Derivatives

Bangladesh, UAE Regulators to Collaborate on Capital Markets

03/11/2022

BSEC has signed MoUs with both the UAE’s Securities And Commodities Authority and the DFSA to improve investor protection and capital markets.