ESG Data

UK Consults on Regulatory Regime for ESG Ratings

31/03/2023

The consultation proposes to introduce legislation to amend and expand the FCA’s regulatory perimeter to include ESG ratings.

Operational Risk

MAS Says Latest Outage at DBS is “Unacceptable”

30/03/2023

Singapore customers of DBS were unable to access online banking services or make trades via its brokerage for around ten hours on Wednesday.

Trading & Investment

LME Group Unveils Plans to Strengthen Metals Markets

30/03/2023

The LME is making daily price limits permanent, revising its margin methodology, and developing a China-based spot market offering for Class II nickel products.

Fraud, Scams & Cybercrime

ACCC Warns of Rising Bank Impersonation Scams in Australia

30/03/2023

Scammers can make their calls and texts appear as part of the same conversation thread as legitimate messages from a bank, the ACCC warns.

Fraud, Scams & Cybercrime

Real Estate Sector Vulnerable to BEC Threats: FinCEN

30/03/2023

FinCEN published a report on the patterns and trends of business email compromise scams targeting the real estate sector.

Clearing & Post-Trade

South Korea Grants Clearstream QFI Status

30/03/2023

The QFI status will enable Clearstream to offer omnibus account services for Korea Treasury Bonds and Monetary Stabilisation Bonds.

Conduct, Culture & Accountability

CBIRC Details Governance Improvements at Banks, Insurers

30/03/2023

Over the past three years, more than 7,600 shareholders who violated laws and regulations have either been liquidated or had their rights restricted.

Conduct, Culture & Accountability

UBS Plans to Run Credit Suisse Staff Through “Culture Filter”

30/03/2023

UBS chairman Colm Kelleher said the “culture filter” is needed to root out parts of Credit Suisse that had a “bad culture”.

Structural Regulation

Philippines to Merge Two Large State Lenders

30/03/2023

The merger of LandBank and the Development Bank of the Philippines will create the country’s largest lender by assets.