Enforcement

Shanghai Bourse Probes First STAR Market Securities Fraud Case

12/04/2022

An optical storage equipment supplier is being investigated for failing to disclose that it granted loans to shareholders and other entities in exchange for pledged assets.

Capital / Liquidity

Controls at Vietnam Banks to Be Subject to Independent Audit

12/04/2022

Internal control systems at credit institutions and foreign bank branches in Vietnam will be subject to independent auditing, according to a new circular.

ESG / Sustainability

Thai SEC Finalises Disclosure Guidelines for SRI Funds

12/04/2022

The guidelines will promote transparency, enable investors to make more informed decisions, and reduce the risk of greenwashing, the SEC says.

Fintech / Regtech

Bangladesh Bank Commences Work on Digital Bank Framework

12/04/2022

The new regulatory guidelines will require digital banks to hold the same levels of capital as conventional banks.

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.