ESG / Sustainability

TWSE Launches New ESG Disclosure Platform

07/06/2022

Listed companies are required to disclose the relevant information, or explain why they cannot, within six months of the end of each fiscal year.

Securities / Derivatives

LME Hit with Lawsuits Over Nickel Trade Cancellations

07/06/2022

Judicial review claims from Elliott Associates and Jane Street Global Trading challenge LME’s decisions to cancel nickel trades in March.

Securities / Derivatives

ASIC Announces Updated Financial Reporting Rules for AFS Licensees

07/06/2022

AFS licensees’ financial reports must contain disclosures consistent with the financial reports of other for-profit entities, prepared under AASB standards.

CBIRC Directs FIs to Offer Additional Relief to Covid-Hit Sectors

07/06/2022

The CBIRC is asking banks and insurers to improve the financial services they provide to enterprises in industries affected by Covid-19.

Fintech / Regtech

RBI Opens Applications for Fourth Sandbox Cohort

06/06/2022

The fourth sandbox cohort will focus on preventing fraud. Eight entities have also been selected to participate in the third cohort on MSME lending.

Market Infrastructure

ASX Finalises Changes to Issuer Services Fee Model

06/06/2022

The changes will take effect from 1 July and result in a “substantially simpler, clearer and more predictable” fee model, ASX says.

Crypto / Digital Assets

Hong Kong SFC Issues Warning on NFT-related Risks

06/06/2022

Some NFTs have ‘crossed the boundary’ between a collectible and a financial asset, which would bring them under the SFC’s remit and require licensing.

HSBC, Hang Seng Suffer Internet Banking, ATM Disruption

06/06/2022

Finance sector legislator Chan Chun-ying said he expects the HKMA to demand detailed reports on the incident from the two banks.

AML / KYC

EU Proposes to Make AML Compliance a Licence Condition

05/06/2022

EBA, EIOPA and ESMA propose that AML/CTF compliance be a specific requirement for firms, including crypto firms, to obtain and maintain their licences.