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.

Securities / Derivatives

Indonesia Stock Exchange to Allow Structured Warrant Listings

13/04/2022

New regulations allow exchange members to issue structured warrants for listing and trading on the IDX. Structured warrants must have a liquidity provider.

Market Infrastructure

HKEX Set to Launch New Electronic Communication Platform

12/04/2022

Phase 1 of the rollout will allow exchange participants to use the new platform to download day-end trade files and closing price files, starting from 25 April.

ESG / Sustainability

SGX Set to List First ETF Based on New Low Carbon Index

12/04/2022

The ETF will allow investors to buy just one unit at a time, a feature aimed at attracting investment from younger and newer investors.