Crypto / Digital Assets

Shinhan Bank to Pilot Crypto Service for Corporate Clients

12/04/2022

Shinhan, through its partner exchange Korbit, will become the first Korean bank to allow businesses to invest in cryptocurrencies.

Big Picture

IMF Updates Climate Change Indicators Dashboard

12/04/2022

Major updates to the dashboard include introducing new indicators as well as updating data for the existing indicators.

Market Infrastructure

SEBI Forms New Committee to Enhance Governance of MIIs

12/04/2022

The committee will suggest measures to improve governance at market infrastructure institutions, including NSE, which experienced lapses during the tenure of its former CEO.

Securities / Derivatives

ASIC Extends Product Intervention Order Targeting CFDs

12/04/2022

Since the product intervention order took effect in March 2021, ASIC has observed few losses, margin close-outs, and negative balance occurrences affecting retail client.

Securities / Derivatives

FSA Issues Guidance for Asset Managers Moving to Japan

12/04/2022

Regulatory requirements have also been amended to allow foreign securities companies entering the Japanese market to submit their registration applications in English.

AML / KYC

AUSTRAC Issues Guidance on Engaging AML/CTF Advisers

11/04/2022

Without endorsing any AML/CTF adviser, AUSTRAC says it recognises the benefits and efficiencies that can be gained by firms from engaging third party consultants.

Securities / Derivatives

SEBI Standardises Industry Classification Framework for CRAs

11/04/2022

The standardised framework will help enable uniformity in the classifications being used across sectors and in the securities market, SEBI said.

AML / KYC

New York Court Convicts Ex-Goldman Exec in 1MDB Case

11/04/2022

Following an eight-week trial, former Goldman Sachs managing director Roger Ng was convicted on charges of bribery and money laundering. He faces up to 30 years in prison.

Big Picture

Global Standard-setters for Audit Need More Diverse Funding

11/04/2022

A new paper calls for financial commitments from investors, regulators, stock exchanges, national standard-setters and auditors to support the work of international audit and ethics standard-setters.