Crypto / Digital Assets

Binance Set to Secure Crypto Licence for the Philippines

21/09/2022

Binance is in late stage talks to buy a Philippine company that already has VASP and electronic money issuer licences.

Capital / Liquidity

RBI Removes Restrictions on Central Bank of India

21/09/2022

The bank is no longer in breach of the PCA parameters based on figures for the year ended 31 March 2022, the RBI said.

Securities / Derivatives

MAS Adds $1bn to Private Markets Programme

21/09/2022

The programme was launched in 2018 with $5bn to allocate to PE and infrastructure fund managers. The additional $1bn will go to global credit fund managers.

Securities / Derivatives

SFC Calls for Licensed Personnel to Return to Hong Kong

21/09/2022

The SFC is concerned over operational risks at licensed corporations that are doing business without a responsible manager located in the city.

Crypto / Digital Assets

Nasdaq Establishes New Digital Assets Business

21/09/2022

The technology that underpins the digital asset ecosystem has the potential to transform markets over the long-term, says Nasdaq’s Adena Friedman.

ESG / Sustainability

Korean Banks, Insurers Meet to Discuss Climate Stress Tests

21/09/2022

KB Kookmin, Shinhan, Hana and Woori, along with six insurers, participated in the first meeting of a new working group set up to prepare for the stress tests.

Securities / Derivatives

HK Police, FRC Sign MoU on Combatting Commercial Crime

21/09/2022

Collaboration is needed to protect the public interest and maintain financial market integrity, said FRC chairman Kelvin Wong.

ESG / Sustainability

ACCC to Commence Internet Sweep Targeting Greenwashing

21/09/2022

Businesses may be asked to substantiate their green claims. The ACCC may take enforcement action if consumers are being misled or deceived.

Fintech / Regtech

BOT Details Plans to Upgrade Payment Systems

21/09/2022

The plans include the development of PromptBiz, a digital payment infrastructure system for the business sector.