Crypto / Digital Assets

Australia Launches Digital Finance Cooperative Research Centre

01/09/2022

Backed by industry, government and academia, the DFCRC will facilitate the development of the emerging digital finance sector.

Securities / Derivatives

Five Super Funds Fail APRA’s Second Performance Test

01/09/2022

Four of the five have now failed for a second time. Five other MySuper products that failed last year have now passed.

Securities / Derivatives

PCAOB Picks Chinese Firms for First Audits Checks – Report

31/08/2022

Alibaba, Netease, Baidu, JD.com and Yum China are among the first Chinese firms selected for the PCAOB’s audit checks in Hong Kong

AML / KYC

MAS Fines UOBKH for Business Conduct, AML Failures

31/08/2022

UOBKH failed to implement adequate controls for its corporate finance business and to ensure it was subject to internal audit.

Securities / Derivatives

Japan FSA Seeks to Make NISA Programme Permanent

31/08/2022

NISA is a programme for small investments that offers time-based exemptions from capital gains and dividend tax.

Enforcement

China Merchants Securities Probe Prompts 23 IPO Halts

31/08/2022

China Merchants Securities is under investigation for violations in 2014, prompting suspensions of 23 IPOs it is sponsoring.

Market Infrastructure

IBA Consults on Cessation of USD LIBOR ICE Swap Rate

31/08/2022

USD SOFR ICE Swap Rate settings are available for the same tenors for use as a benchmark in financial contracts and instruments.

Crypto / Digital Assets

CME Group Launches Bitcoin, Ether Futures in Euro

31/08/2022

CME says the new contracts will provide institutional investors precise tools to trade and hedge their crypto exposures.

Bangladesh NBFIs to Require Approval for All Director Appointments

31/08/2022

The move is aimed at strengthening corporate governance, following a string of frauds and loan scandals in the NBFI sector.