Securities / Derivatives

BSEC Tightens Circuit Breaker Limit for Dhaka SME Board

15/04/2022

The SME board commenced trading last October and has seen volume spikes as a result of a waiver from a requirement for traders to register.

Market Infrastructure

RBI to Simplify E-Commerce Payment Settlement Process

15/04/2022

Foreign entities seeking to operate as payment gateways and aggregators for e-commerce-related export and import transactions would have to be authorised in India.

Fintech / Regtech

FSC Korea Bolsters Consumer Safeguards in MyData Licensing System

14/04/2022

The FSC will prohibit MyData services providers from buying and selling consumer data, and start conducting post-licensing inspections to ensure adequate protections are in place.

Fintech / Regtech

Philippine SEC Welcomes New Measures to Combat Illegal Loan Apps

14/04/2022

Starting 11 May, the Google Play Store will introduce a new screening process for personal loan apps targeting users in the Philippines.

ESG / Sustainability

Canada to Require Climate Disclosures for FIs from 2024

14/04/2022

The OSFI will consult financial institutions on climate disclosures guidelines that will phase in mandatory TCFD-aligned reporting beginning in 2024.

Crypto / Digital Assets

Nasdaq Publishes Guide on Global Crypto Regulation

14/04/2022

Nasdaq has published a summary of laws and regulations governing the trading of crypto assets around the world.

AML / KYC

Man Jailed for Attempting to Help DPRK Evade Sanctions with Crypto

14/04/2022

The DOJ says known hacker Virgil Griffith was developing crypto infrastructure in North Korea and attempting to broker introductions to service providers to facilitate sanctions evasion.

Enforcement

Tokyo Prosecutors Indict SMBC Nikko Securities Deputy President

14/04/2022

The former deputy president is suspected of colluding with other staff to illegally manipulate stock prices to keep block trade deals with clients from falling through.

ESG / Sustainability

European Commission Consults on ESG Ratings Market

13/04/2022

The consultation will feed into an impact assessment being prepared this year to evaluate whether a policy initiative on ESG ratings is needed.