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AML / KYC
Almost $2b Stolen from Crypto Hacks in H1 2022: Chainalysis
22/08/2022
The value stolen from crypto hacks increased 60% from the same pariod last year, largely attributed to vulnerabilities of DeFi protocols.
ESG / Sustainability
Bursa Malaysia Issues Investor Relations Guidance for PLCs
22/08/2022
The new guidebook will help listed companies in their engagement with stakeholders and investor relations, Bursa Malaysia said.
Securities / Derivatives
Hong Kong Tracker Fund to Add RMB Trading Counter
22/08/2022
The RMB counter will trade only in the secondary market, starting from 19 September, when Hang Seng Investment Management takes over as manager.
ESG / Sustainability
JPX Starts Disclosing Daily Data on Green Bond Projects
21/08/2022
A new “Green Tracking Hub” is disclosing the amount of power generated by renewable energy projects financed by JPX’s first digitally tracked green bond.
AML / KYC
Korean Authorities to Block, Investigate 16 Foreign Crypto Firms
21/08/2022
The unregistered foreign VASPs including KuCoin were referred for investigation and will have their websites and transactions blocked in Korea.
CBIRC Probes Banks to Assess Property Loan Exposures
21/08/2022
The “very detailed” assessment is aimed at measuring the risks to the financial system from the ongoing crisis in the property sector.
Crypto / Digital Assets
Thailand: Crypto Custody Added as Distinct Licence Category
19/08/2022
Digital asset depository service providers already operating in Thailand have until 11 October to submit a licence application to the SEC.
Enforcement
MAS Penalises Former UOBKH Representative for False Trading
19/08/2022
The former UOB Kay Hian trading representative committed false and unauthorised trading for a client who was himself sentenced in March 2021.
Enforcement
Wirecard-related Charges Filed in Singapore, Philippines
18/08/2022
The charges in Singapore are for criminal breach of trust and money laundering. A bank official in the Philippines was indicted.
Securities / Derivatives
SEBI Loosens Overseas Investment Rules for AIFs, VC Funds
18/08/2022
Alternative investment and venture capital funds can invest in overseas companies even if they do not have an ‘Indian connection’.
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