MAS, IBF Adjust Training Scheme Funding Parameters

07/07/2022

MAS says training and upskilling culture in the financial sector workforce has taken root, and high uptake in training is encouraging.

Capital / Liquidity

APRA Proposes Enhanced Disclosures on Remuneration, Risk Metrics

07/07/2022

APRA proposes to require FIs to publicly disclose how their remuneration arrangements are designed and how risk is factored into remuneration outcomes for key executives.

Crypto / Digital Assets

Japanese Brokerages to Launch Digital Token Operations – Report

07/07/2022

Nomura and SBI will invest in and offer services to support startups and other companies that are looking to raise funds using digital tokens.

Securities / Derivatives

China to Intensify Supervision of Hog Futures Market

07/07/2022

The Dalian Commodity Exchange has been directed to enhance supervision and monitoring for abnormal transactions and speculative activity.

ASIC Issues Guidance on Using Superannuation Forecasting tools

07/07/2022

Under the retirement income covenant, superannuation trustees are expected to consider providing superannuation calculators or retirement estimates to members.

Securities / Derivatives

SAFE Issues New Guidelines on Exchange Rate Risk Management

06/07/2022

The guidelines will help enterprises better understand exchange rate hedging and improve their management of currency risks, SAFE said.

Fintech / Regtech

BSEC Orders Stock Exchanges to Establish Integrated Reporting Platform

06/07/2022

The DSE and CSE were instructed to consolidate their online data gathering, information submission and dissemination platforms into a single integrated platform.

Enforcement

CFTC Fines BNP, JPM for Swap Reporting Violations

06/07/2022

BNP Paribas agreed to pay USD 6 million for failing to correctly report over three million swap transactions. JPMorgan was fined USD 850,000.

Securities / Derivatives

HKEX Launches New Digital Investor Relations Platform

06/07/2022

IR Connect provides listed companies free access to shareholder analysis, market data, key stock statistics, research ratings, and competitor information.