ESG / Sustainability

IOSCO Offers Guidance on Educating Investors About ESG

01/09/2022

Regulators should help investors better understand ESG certifications, labels and scores, and facilitate financial advisor anti-greenwashing training.

Enforcement

Australia: Grant Thornton Auditor Facing Criminal Charges

01/09/2022

The matter reportedly concerns revenue numbers signed off by Grant Thornton for booking in the half-year results of iSignthis Ltd in 2018.

ESG / Sustainability

Malaysia to Issue ESG Disclosure Guide for SMEs

01/09/2022

Regulators are also developing guidance on Malaysia’s taxonomy, exploring blended finance solutions, and developing a catalogue of climate risk data sources.

AML / KYC

Malaysian Court Convicts Wife of Najib Razak for Corruption

01/09/2022

Rosmah Mansor was convicted for taking bribes from a contractor in exchange for a government project to supply solar energy to rural schools.

Securities / Derivatives

China Launches First Affordable Rental Housing REITs

01/09/2022

The REITs started trading on Wednesday, after being more than 100 times oversubscribed among institutional investors two weeks earlier.

Market Infrastructure

ORX, McKinsey Launch Operational Risk Control Library

01/09/2022

The ORX Reference Control Library contains 761 typical operational risk controls based on data collected from nearly 50 banks and insurers.

Fintech / Regtech

SWIFT Applies Data Intelligence to Remove Payment Friction

01/09/2022

SWIFT says its new capability ensures payments will go through regardless of whether the parties have transacted with each other before.

Market Infrastructure

Bangladesh Bank to Enable FX Clearing via RTGS System

01/09/2022

Banks can clear USD, GBP, EUR, CAD and JPY through the RTGS system starting from 4 September. CNY clearing will be allowed “soon”.

AML / KYC

Iran Passes Law Authorising Use of Crypto for Imports

01/09/2022

The new law formally allows government and local businesses to use cryptocurrencies as payment for imports.