Cryptocurrency

Korea FSS to Issue Accounting Guidelines for Crypto Firms

17/11/2022

The current accounting system in Korea does not provide options for companies dealing in crypto.

Reporting & Disclosures

Alternative Credit Managers Launch ESG Disclosure Tool

17/11/2022

The ESG Integrated Disclosure Project template provides private companies and credit investors a standard format for ESG-related disclosures.

Data Privacy

New Zealand Confirms Plans to Roll-out Out Open Banking

16/11/2022

The banking industry will be the first sector in New Zealand to implement a Consumer Data Right mechanism, like in Australia.

Structural Regulation

PCAOB Had “Good Access” During Hong Kong Audit Inspection – Report

16/11/2022

The PCAOB reportedly gained all the information it requested during its inspection, but a decision has not yet been made regarding its dispute with Chinese regulators.

Trading & Investment

Beijing Stock Exchange Marks First Anniversary Since Launch

16/11/2022

The BSE issued new rules for margin financing and securities lending business, in a bid to further improve market liquidity and pricing efficiency.

Capital Adequacy

APRA Proposes Amendments to Capital Requirements for PPF Providers

16/11/2022

PPF providers are a type of stored value facility provider. The proposed changes are part of a broader review of APS 610.

Clearing & Post-Trade

ESMA Recognises Bursa Malaysia Derivatives Clearing as TC-CCP

16/11/2022

The recognition will make it easier and more cost-effective for European counterparties to access Malaysia’s derivatives market.

Trading & Investment

Chinese Firms Continue to List GDRs on SIX Swiss Exchange

16/11/2022

Since July eight Chinese companies have raised more than USD 2.5 billion via GDR listings on the SIX Swiss Exchange.

Conduct, Culture & Accountability

Uncertain Times Call for Quality Financial Disclosures: IOSCO

16/11/2022

Issuers, audit committees, and external auditors must ensure investors receive accurate, transparent and timely information especially in times of heightened uncertainty.