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.

Fintech / Regtech

Australia, Singapore to Deepen Collaboration via ‘FinTech Bridge’

13/04/2022

The bilateral FinTech Bridge will enable stronger cooperation and collaboration on policy and regulation to better support the cross-border growth of the fintech industry.

AML / KYC

AUSTRAC Offers Update on Work to Enhance Reporting System

13/04/2022

The IFTI-E schema version 2.0 will be finalised in the next few months. This will be used to enable the upload of IFTI-E reports through a new API and user interface.

Securities / Derivatives

SEBI Seeks to Loosen Restrictions on Mutual Fund Sponsors

13/04/2022

A new working group will recommend new eligibility criteria that could allow private equity funds and other pooled investment vehicles entities to sponsor mutual funds.