Market Infrastructure

APRA Details Plans to Modernise Prudential Architecture

13/09/2022

APRA will modernise its guidance for banks, insurers and superannuation funds to make it easier to understand and comply with.

AML / KYC

AUSTRAC Launches AML Probe into Entain Group

13/09/2022

London-listed betting company Entain Group was also fined last month by the UK Gambling Commission for AML and social responsibility failures.

Capital / Liquidity

PBOC Approves Third Financial Holding Company Licence

13/09/2022

A subsidiary of state-owned China Merchants Group has been granted a financial holding company licence.

AML / KYC

Thailand Telecoms Must Comply with Scam Prevention Rule

13/09/2022

Telecom operators may not allow customers to register more than 5 SIM cards without ID. Daily penalties will start applying for non-compliance.

AML / KYC

Five Korean Crypto Exchanges Face AML Penalties

12/09/2022

Most of the funds involved in Woori and Shinhan’s suspicious wire transfers came from five crypto exchanges and were not reported.

Crypto / Digital Assets

CME Group Announces Launch Of Ether Options

12/09/2022

The new options contract is being launched in anticipation of the upcoming Ethereum Merge, which CME sees as a “potentially game-changing update”.

Securities / Derivatives

RBI Warns Against Use of Unauthorised FX Platforms

12/09/2022

The RBI lists 34 FX trading platforms it says are not authorised to operate in India. The list include FXCM, XTB, TD Ameritrade, eToro, and IG Markets.

Securities / Derivatives

HKEX is Preparing for IPO Wave by Streamlining IPO Processes

12/09/2022

Chairwoman Laura Cha revealed that HKEX has over 170 IPO applications from companies, but many are waiting for market conditions to improve before listing.

New Bank Disclosure Requirements Deferred Three Months: RBNZ

12/09/2022

The changes to bank assurance reports will come into force for reporting dates starting from 31 December 2022, three months later than planned.