Supervision & Enforcement

RBI Launches DAKSH, a New Supervisory Monitoring System

11/10/2022

The system will be used to monitor compliance and improve compliance culture at supervised entities such as banks and NBFCs, the RBI said.

Sustainable Finance

CSX Set to List Cambodia’s First Green Bond

11/10/2022

The issuance will still need approval from the securities regulator, but it will be the first green bond to list on the Cambodia Securities Exchange.

Capital Adequacy

Five Taiwan D-SIBs Fail to Meet Capital Requirements

11/10/2022

The FSC says CTBC Bank was the only Taiwanese D-SIB that meet its prescribed capital requirements as of the end of June.

Structural Regulation

EMMI Sets Launch Date for Euro Forward-looking Term Rate

11/10/2022

ICE Benchmark Administration has been appointed as the calculation agent for EFTERM, which will launch on 14 November 2022.

PEPs & Sanctions

US Targets Fuel Procurement Network in Latest DPRK Sanctions

11/10/2022

The sanctions are against two Singapore companies, a Marshall Islands entity, and two individuals for illicit ship-to-ship transfers to deliver fuel to North Korea.

Payments & Settlements

FSB Unveils Plans for Next Phase of Cross-Border Payments Work

11/10/2022

The prioritisation plan emphasises a need to strengthen external engagement and partnerships to take forward the roadmap for enhancing cross-border payments.

PEPs & Sanctions

US Says Hong Kong Risks Becoming Haven for Sanctioned Russians

11/10/2022

The warning came days after Hong Kong indicated it would not pursue action against a superyacht owned by a sanctioned Russian oligarch that docked in the city.

Fraud, Scams & Cybercrime

HK Victims Have Lost HKD 2.6 billion to Scams This Year

10/10/2022

Online investment fraud accounted for HKD 540 million of all online scams, which is largely attributed to an increase in crypto-related scams.

Capital Adequacy

European Commission May Scrap Stricter Foreign Bank Rules

10/10/2022

Proposed requirements that would automatically require foreign banks to set up a subsidiary if they reach a certain size may […]