AML / KYC

FATF Issues Final AML Guidance for Real Estate Sector

27/07/2022

The guidance sets out the primary risks for the real estate sector and the measures needed to take adequately mitigate these risks.

Capital / Liquidity

Korea to Introduce Funding Support Mechanism for FIs in Distress

27/07/2022

Funding support will only be made available for the resolution of distress in cases where an FI has the potential to improve liquidity and capital adequacy.

Capital / Liquidity

APRA Finalises Implementation Guidance for New Capital Framework

27/07/2022

APRA is seeking written submissions by 26 August 2022 on consequential amendments relating to the treatment of exposures to New Zealand and the NSFR requirement.

Securities / Derivatives

Alibaba Unveils Plans to Upgrade Hong Kong Listing Status

27/07/2022

Alibaba is planning to upgrade its secondary listing status in Hong Kong to a primary listing, so that it can qualify for inclusion in Stock Connect and benefit from mainland investment.

Fintech / Regtech

MAS, Google Cloud Launch New Climate FinTech Support Programme

27/07/2022

The Point Carbon Zero Programme under Project Greenprint aims to catalyse the growth of climate FinTech solutions in Asia over the next three years.

Korea Unveils KRW 80 Trillion Package to Support Business Recovery

27/07/2022

A KRW 41.2 trillion programme has been launched to help self-employed business owners and small merchants. Two other programmes will be announced next month.

Securities / Derivatives

APRA to Start Publishing ‘Enhanced’ Superannuation Data in September

26/07/2022

Quarterly publications will start in September and annual publications in early 2023, comprising new and expanded data on an industry, fund and product basis.

Market Infrastructure

TAIFEX Launches Central Clearing Service for OTC Derivatives

26/07/2022

Central clearing makes OTC derivatives trading safer, more efficient, and more competitive for participants, FSC chair Huang Tien-mu said at the launch ceremony.

Securities / Derivatives

India: Fees, Charges Payable to SEBI Now Subject to 18pc GST

26/07/2022

Fees paid by stock exchanges, clearing corporations, depositories, intermediaries and investors in securities markets are now subject to 18% GST.