AML / KYC

CBIRC Warns of Online Fraudsters Impersonating Regulators

19/06/2022

This is the fourth fraud risk warning issued by the CBIRC this year. Consumers are asked to remain vigilant and report fraud attempts.

Capital / Liquidity

RBI Doubles Lending Limits for Cooperative Banks

19/06/2022

The higher lending caps are intended to account for rising housing prices and customer needs, the RBI said.

AML / KYC

FATF Concludes Final Plenary Under German Presidency

19/06/2022

FATF will soon publish an update on travel rule implementation in the crypto industry, a report on collaborative analytics, and new guidance for the real estate sector.

Securities / Derivatives

Financial Transaction Taxes Disrupt Securities Markets: ASIFMA

19/06/2022

Financial transaction taxes tend to reduce stock prices, trading volume, liquidity, and overall market attractiveness.

Market Infrastructure

MAS Carries Out Cyber Resilience Exercise with French Regulators

19/06/2022

The joint exercise “fully confirmed” the ability of the MAS, BdF and ACPR to exchange and share information efficiently in times of crisis.

Crypto / Digital Assets

US SEC Probes Insider Trading Controls at Crypto Firms: Reports

19/06/2022

The SEC is reportedly seeking information about how crypto exchanges protect their users from insider trading on their platforms.

Securities / Derivatives

SEBI Enhances Cybersecurity Requirements for Asset Managers

19/06/2022

A new framework that took effect on 15 July requires AMCs to conduct cyber audits twice a year and report incidents within six hours of detection.

Securities / Derivatives

BSEC Prepares to Allow Loss-making Startups to List on Bourses

19/06/2022

Rule changes will allow loss-making companies to determine their offer price premium based on projected business growth.

Enforcement

Malaysia SC Charges Former Investment Banker for Deception

19/06/2022

The former Hong Leong investment banker deceived four investors into investing in investment schemes that in reality did not exist, the SC said.