ESG / Sustainability

ASEAN+3 Ministers Pledge to Maintain Regional Stability

19/05/2022

The CMIM is being enhanced to allow ASEAN+3 members to use their own and each other’s local currencies for CMIM liquidity support.

Securities / Derivatives

China Signals End to Crackdown on Technology Companies

19/05/2022

Vice Premier Liu He suggested China will support the platform economy and improve its handling of relations with private companies.

Australia Considers Use of Super Savings to Buy Property

18/05/2022

The incumbent government’s Super Home Buyer Scheme, seen as a play for voters, is being cricitised by the superannuation industry.

Securities / Derivatives

China Stops Reporting Bond Trades by Foreigners – Report

18/05/2022

Daily trades by overseas investors have not been provided since 11 May, showing sizable net foreign outflows.

Market Infrastructure

China Issues New Guidelines on Accounting Firm Inspections

18/05/2022

Inspections will assess whether accounting firms have adequate information security and systems for screening audit work papers for “secrets”.

AML / KYC

US Warns Foreign Banks Against Facilitating Sanctions Evasion

18/05/2022

Foreign banks could fall under US sanctions if they provide material support to a person or entity sanctioned by the US.

Crypto / Digital Assets

Nomura to Establish New Subsidiary Dedicated to Digital Assets

18/05/2022

The new subsidiary will combine digital asset services under a single entity that will have about 100 staff by end-2024.

Crypto / Digital Assets

Korea Regulators Probe Crypto Industry Over Terra Collapse

18/05/2022

Korean crypto exchanges have been asked to share their data on UST and LUNA transactions including and the number of affected investors.

Securities / Derivatives

NSE Launches First SGX Connect Product at GIFT City

18/05/2022

NSE IFSC-SGX Connect is expected to go fully live in July 2022, with the onboarding of SGX members.