CBDCs

HKMA, InvestHK Invite Firms to Showcase CBDC Solutions

11/08/2022

A CBDC track has been added to Global Fast Track 2022. Banks, fintechs and tech firms are asked to submit innovative solutions in eight focus areas.

Anti-Money Laundering

Former BitMEX Exec to Pay Fine for Violating AML Law

11/08/2022

The US Attorney previously secured judgments against the firm’s three co-founders for violating US derivatives laws and AML rules.

Fraud, Scams & Cybercrime

Hong Kong Saw Almost HK$400m in Crypto Scams in H1 2022

11/08/2022

Crypt-related scams, job scams and online shopping scams made up the top three types of cybercrimes in Hong Kong in the first half of this year.

Structural Regulation

Bursa Malaysia Proposes Rules for LEAP-to-ACE Listing Transfers

10/08/2022

The framework will help LEAP Market companies transfer to the ACE Market, which offers a “more robust listing environment” and is open to the public.

Structural Regulation

India: IFSCA Seeks to Merge GIFT City Exchanges – Report

10/08/2022

IFSCA is reportedly seeking to execute a merger between India INX and NSE IFSC, which are subsidiaries of BSE and NSE respectively.

Structural Regulation

RBI Widens Scope of Ombudsman Mechanism to Include CICs

10/08/2022

Credit information companies will be required to have their own internal ombudsman framework, the RBI said.

Trading & Investment

China: Dalian Exchange Launches Trading in Soybean, Soyoil Options

10/08/2022

The new contracts will help firms to meet their risk management needs and also support the high-quality development of the related sectors, the CSRC said.

Structural Regulation

China to Remove Foreign Ownership Cap for Insurance AMCs

10/08/2022

The CBIRC said a 25 percent cap on foreign ownership of insurance asset management companies will be scrapped on 1 September.

CBDCs

RBA to Explore Australia-specific Use Cases for CBDC

10/08/2022

The research project is expected to take about a year to complete and will involve the development of a limited-scale CBDC pilot operating in a ring-fenced environment.