Crypto / Digital Assets

Japanese Crypto Industry Bodies Call for Tax Reforms

11/08/2022

The JCBA and JVCEA are asking for income from crypto-asset transactions to be taxed separately at a rate of 20 percent, rather than together with other income.

ASIC Identifies Complaints Handling Deficiencies at Super Funds

11/08/2022

ASIC discovered issues with complaints recording, response timeframes, failures to inform complainants of delays, and process failures.

Crypto / Digital Assets

MAS Rescinds IPA Granted to Crypto Lender Hodlnaut

11/08/2022

Hodlnaut froze withdrawals, token swaps and deposits on its platform on Monday to focus on stabilising its liquidity and preserving assets.

ESG / Sustainability

JPXI to Launch Platform For Listed Company ESG Disclosures

11/08/2022

ESG-related information disclosed on each company’s website for the most recent three months will be displayed on the portal.

Capital / Liquidity

APRA Finalises Reporting Standards for New Bank Capital Framework

11/08/2022

To maximise the time available for entities to develop reporting solutions, the APRA Connect external test environment will be made available in early September.

Crypto / Digital Assets

HKMA, InvestHK Invite Firms to Showcase CBDC Solutions

11/08/2022

A CBDC track has been added to Global Fast Track 2022. Banks, fintechs and tech firms are asked to submit innovative solutions in eight focus areas.

AML / KYC

Former BitMEX Exec to Pay Fine for Violating AML Law

11/08/2022

The US Attorney previously secured judgments against the firm’s three co-founders for violating US derivatives laws and AML rules.

AML / KYC

Hong Kong Saw Almost HK$400m in Crypto Scams in H1 2022

11/08/2022

Crypt-related scams, job scams and online shopping scams made up the top three types of cybercrimes in Hong Kong in the first half of this year.

Securities / Derivatives

Bursa Malaysia Proposes Rules for LEAP-to-ACE Listing Transfers

10/08/2022

The framework will help LEAP Market companies transfer to the ACE Market, which offers a “more robust listing environment” and is open to the public.