AML / KYC

India, Indonesia to Work Towards Establishing Payment Linkages

20/07/2022

The RBI and Bank Indonesia will cooperate in areas such as cross-border payments, digital innovation, and AML/CFT.

ESG / Sustainability

JPX Launches New ESG Bond Information Platform

20/07/2022

The new platform brings together information about securities and issuers, including their strategies, use of proceeds, ESG impacts, and external reviews.

Fintech / Regtech

Philippines: UnionBank Commences Digital Banking Operations

20/07/2022

UnionDigital Bank commenced operations on Monday after receiving the BSP’s green light for the launch last week.

Capital / Liquidity

APRA Removes Remaining Capital Overlay Applied on Allianz

20/07/2022

APRA says it is satisfied that Allianz has fulfilled its commitments set out in a court enforceable undertaking undertaken in March 2021.

Capital / Liquidity

RBNZ Launches New Standing Repo Facility

19/07/2022

The facility will allow eligible counterparties to lend NZD overnight and receive New Zealand government bonds as collateral.

Capital / Liquidity

Korea, US Agree to Cooperate to Stabilise Currency Markets

19/07/2022

Korean and US officials have not explicitly agreed to reopen a currency swap line which expired at the end of last year.

AML / KYC

PBOC Beijing Penalises Didi Pay for AML Violations

19/07/2022

The violations included failure to confirm the real identities of users, conduct checks on unusual transactions, and report major risks in a timely manner.

Securities / Derivatives

CSRC Green Lights Launch of New Derivatives on CFFEX

19/07/2022

Futures and options contracts based on China’s small-cap CSI 1000 Index will commence trading on Friday, 22 July.

AML / KYC

New Zealand Court Dismisses Appeal of First AML Act Convictions

19/07/2022

Jiaxin Finance, its sole director and his mother were sentenced to pay fines for AML/CFT violations in 2020. Their appeals have been dismissed.