Fintech / Regtech

MAS Grants Fifth DPT Licence Under PSA to Coinhako

10/05/2022

Coinhako is the fifth firm to receive a full DPT licence under the PSA, after TripleA, FOMO Pay, DBS Vickers and Independent Reserve.

ESG / Sustainability

Thai Stock Exchange Publishes Sustainability Reporting Guide

10/05/2022

The guide contains ESG metrics for eight industry groups and should be used to inform listed company practices for disclosing sustainability-related information.

AML / KYC

OFAC Sanctions Crypto Mixer, 49 More Wallet Addresses

09/05/2022

Crypto mixer Blender.io was used to process over $20.5mn of the crypto stolen from the Axie Infinity hack in March, OFAC said.

AML / KYC

EU Oil Embargo Opens Possibilities for Further Sanctions – Report

09/05/2022

The US could enforce secondary sanctions against designated Russian entities and individuals, which would threaten anyone transacting with Russia.

Market Infrastructure

LSEG to Launch New NDF Matching Venue in Singapore

09/05/2022

The fully cleared NDF matching venue will be open for integration testing later this year, with a full production launch in mid-2023.

China to Phase Out Foreign PCs, Software from SOEs

09/05/2022

Government agencies and state-backed corporations will have two years to replace foreign-branded personal computers with domestic alternatives.

Securities / Derivatives

SEHK to Unify Main Board, GEM Websites From 28 May

08/05/2022

The websites will be unified to optimise HKEX’s technical infrastructure and provide investors more streamlined access to market information.

AML / KYC

US Court Orders BitMEX Co-Founders to Pay $30m in Fines

08/05/2022

The orders follow the CFTC’s $100mn settlement with five BitMEX entities last year over violations of US derivatives and AML regulations.

Enforcement

PBOC, CBIRC Probe Rural Banks Over Service Disruptions

08/05/2022

Customers of multiple rural banks complained that banking service disruptions have prevented them from withdrawing their money.