RBA Raises Interest Rates the Most in 22 Years

09/06/2022

Australian Treasurer Jim Chalmers suggested that inflation could worsen and more rate hikes could come.

ESG / Sustainability

Taiwan Banks to Undergo Climate Change Stress Tests in 2023

08/06/2022

The local banking association is developing the climate-change stress tests, the content of which will be finalised by the end of this year.

Capital / Liquidity

FSB Works to Develop Systemic Approach to NBFI Risks

08/06/2022

The FSB explains the sources of risk in the NBFI sector, and the data, tools and policy approaches available to monitor and address these risks.

Big Picture

Old Misconduct Patterns Are Repeating in New Settings: FMSB

08/06/2022

Forms of misconduct which have been present for hundreds of years are playing out in new digital asset classes, including crypto assets and NFTs.

ESG / Sustainability

EU Lawmakers Agree Gender Diversity Directive

08/06/2022

The law will require EU listed companies to have women take up at least 40% of non-executive board seats, or 33% of all director posts, by mid-2026.

ESG / Sustainability

Temasek Launches New Climate Impact Investment Platform

08/06/2022

Temasek has committed an initial SGD 5 billion which will be invested in technology- and nature-based solutions as well as carbon ecosystem enablers.

Enforcement

Australian Man Pleads Guilty to Pump and Dump Scheme

08/06/2022

The man, Gabriel Govinda, will be the first to be convicted in Australia over a social media pump-and-dump scheme.

AML / KYC

DOJ Calls for Stronger International Cooperation on Crypto Crime

08/06/2022

The paper says the US should help foreign nations develop the tools, technical expertise, and infrastructure necessary to conduct complex crypto-related investigations.

ESG / Sustainability

GFANZ Launches APAC Network to Accelerate Move to Net Zero

08/06/2022

GFANZ has opened a new regional headquarters in Singapore, with support from SGX, Temasek and MAS.