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.

Capital / Liquidity

BIS Report Offers Guidance on Managing FX and Capital Flow Volatility

03/11/2022

Financial authorities should advance their FX market monitoring approaches, further develop onshore hedging markets, and introduce temporary capital flow management measures.

AML / KYC

Crypto Being Used to Finance More Terrorist Activities: UN Official

03/11/2022

Up to 20 percent of terrorist attacks are seen as crypto-financed or linked to digital assets, compared to just 5 percent a couple of years ago.

Fintech / Regtech

Six Southeast Asian Fintech Associations Agree to Cooperate

03/11/2022

The six fintech associations are from Singapore, Cambodia, Malaysia, the Philippines, Thailand and Vietnam.

Market Infrastructure

China to Establish RMB Clearing Arrangement in Pakistan

03/11/2022

The arrangement will enable Chinese and Pakistani companies and FIs use RMB in cross-border transactions, thereby promoting trade and investment between the two countries.