AML / KYC

Almost $2b Stolen from Crypto Hacks in H1 2022: Chainalysis

22/08/2022

The value stolen from crypto hacks increased 60% from the same pariod last year, largely attributed to vulnerabilities of DeFi protocols.

ESG / Sustainability

Bursa Malaysia Issues Investor Relations Guidance for PLCs

22/08/2022

The new guidebook will help listed companies in their engagement with stakeholders and investor relations, Bursa Malaysia said.

Securities / Derivatives

Hong Kong Tracker Fund to Add RMB Trading Counter

22/08/2022

The RMB counter will trade only in the secondary market, starting from 19 September, when Hang Seng Investment Management takes over as manager.

ESG / Sustainability

JPX Starts Disclosing Daily Data on Green Bond Projects

21/08/2022

A new “Green Tracking Hub” is disclosing the amount of power generated by renewable energy projects financed by JPX’s first digitally tracked green bond.

AML / KYC

Korean Authorities to Block, Investigate 16 Foreign Crypto Firms

21/08/2022

The unregistered foreign VASPs including KuCoin were referred for investigation and will have their websites and transactions blocked in Korea.

CBIRC Probes Banks to Assess Property Loan Exposures

21/08/2022

The “very detailed” assessment is aimed at measuring the risks to the financial system from the ongoing crisis in the property sector.

Crypto / Digital Assets

Thailand: Crypto Custody Added as Distinct Licence Category

19/08/2022

Digital asset depository service providers already operating in Thailand have until 11 October to submit a licence application to the SEC.

Enforcement

MAS Penalises Former UOBKH Representative for False Trading

19/08/2022

The former UOB Kay Hian trading representative committed false and unauthorised trading for a client who was himself sentenced in March 2021.

Enforcement

Wirecard-related Charges Filed in Singapore, Philippines

18/08/2022

The charges in Singapore are for criminal breach of trust and money laundering. A bank official in the Philippines was indicted.