ESG / Sustainability

Hong Kong Invites Firms to Provide Training in Green Finance

01/11/2022

Providers of green and sustainable finance-related training are invited to register their programmes for a capacity building support scheme launching later this year.

Crypto / Digital Assets

MAS Concludes Phase One of Retail CBDC Project

31/10/2022

Phase 1 of Project Orchid explored the concept of purpose-bound digital SGD, bearer instruments that enable senders to specify conditions when making transfers in digital SGD.

Capital / Liquidity

Credit Suisse Unveils Plans to Finance Restructuring Programme

31/10/2022

FINMA will monitor Credit Suisse to ensure it meets all of its regulatory requirements during the implementation of its restructuring programme.

Premium Content

Panel 2: Regulation & Standardisation: A Global Push towards Transparent ESG Data and Ratings

31/10/2022

To increase oversight and accountability, regulatory bodies such as IOSCO and the FCA have proposed the standardisation of ESG data and ratings. With good governance, rules and regulations to decrease operational risk, this panel explores how new standards can impact banks and FIs in their ESG data analysis and reporting.

Premium Content

Panel 1: Global Challenges, Local Solutions: ESG Taxonomies in Asia

31/10/2022

By looking at the nuances between the EU and ASEAN Taxonomy and the ESG disclosure rules in the US, this panel explores how these taxonomies and disclosure rules can complement each other to potentially create a cohesive taxonomy system that can help nation states, FIs and corporates reach their ESG goals.

Crypto / Digital Assets

BOT Expects Retail CBDC Launch to Take At Least Five Years

31/10/2022

The BOT expects to begin testing retail CBDC applications with the private sector in December. Ahead of the tests, the BOT is inviting firms to suggest “interesting use cases”.

Fintech / Regtech

Thailand Set to Launch Letter of Guarantee System for Banks

31/10/2022

The Bank of Thailand said the new blockchain-based system has passed its regulatory sandbox process after being tested by 18 commercial banks.

Crypto / Digital Assets

SGX-owned MaxxTrader Partners with DBS on Digital Assets

30/10/2022

DBS said the partnership enables it to provide more dynamic pricing, financing, and risk solutions to investors, which contributes to Singapore’s growing influence as a global digital asset hub.

Enforcement

SMBC Nikko Securities Pleads Guilty to Stock Price Manipulation

30/10/2022

SMBC Nikko has already been ordered to suspend its block trading business for 3 months. The trial is set to end on 26 Dec and a verdict delivered on 13 Feb.