Reporting & Disclosures

Bursa Malaysia, Companies Commission Offer Boost to SMEs

17/11/2022

The collaboration includes exploring opportunities to support digital economy growth, facilitating data sharing between businesses, and advancing the ESG agenda.

Trading & Investment

ISLA Launches Working Group to Digitise the GMSLA

17/11/2022

The working group will initially focus on encoding the business outcomes from the ISLA Clause Library & Taxonomy into the Common Domain Model.

Custody & Infrastructure

NYIC, US Banks Launch PoC to Test Digital Money Platform

17/11/2022

Participants include BNY Mellon, Citi, HSBC, Mastercard, PNC Bank, TD Bank, Truist, US Bank, Wells Fargo, SETL, Digital Asset, AWS, SWIFT, Sullivan & Cromwell, and Deloitte.

Trading & Investment

IBA Confirms Plans for Cessation of USD LIBOR ICE Swap Rate

17/11/2022

Publication of USD LIBOR ICE Swap Rate “runs” for all tenors will cease immediately after the rates are published on 30 June 2023.

Structural Regulation

SEBI Issues New Rules for Operators of Online Bond Platforms

17/11/2022

Online bond platform providers must have a stockbroker registration certificate from SEBI and be registered with the stock exchange.

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.