Securities / Derivatives

OJK Indonesia Restricts Stock Trading by Finance Companies

25/06/2022

Indonesia’s OJK also introduced new reporting requirements for securities companies conducting business as underwriters and broker-dealers.

Securities / Derivatives

ICMA Issues Guidance to Promote Bond Settlement Efficiency

25/06/2022

The best practice recommendations cover shaping of settlement instructions, partial settlement, auto-borrowing and netting.

Market Infrastructure

HKEX Instructs Market to Stop Issuing BCANs to Mainland Investors

24/06/2022

The instructions follow a December 2021 consultation from the CSRC that said Mainland investors would not be allowed to engage in northbound Stock Connect trading.

Crypto / Digital Assets

ADDX, CCB Partner to Enable Chinese Offshore Investments

24/06/2022

The CCB agreement allows ADDX to operationalise an arrangement with ICHAM to channel QDLP funds from mainland investors into overseas digital securities.

ESG / Sustainability

GFANZ Consults on Net-zero Transition Planning Framework

24/06/2022

GFANZ identifies four critical approaches for financial institutions to support real-economy GHG emissions reductions.

AML / KYC

NSW to Strengthen State AML Laws to Target Organised Crime

24/06/2022

New legislation will be introduced around September to enable police to stop-and-search for and seize unexplained wealth and ban encrypted devices.

Fintech / Regtech

DBS Launches Overseas QR Payments for Singapore Users

24/06/2022

Users of the DBS mobile payment and wallet service known as PayLah! can scan UnionPay QR codes to pay in 45 countries.

Fintech / Regtech

Mojaloop Launches CBDC Center of Excellence in Singapore

24/06/2022

MAS welcomed the Center of Excellence, describing Mojaloop’s efforts as “a step forward into the future of financial services”.

Market Infrastructure

NZ FMA Issues Guidance on Financial Sector Cyber Resilience

24/06/2022

The financial services sector recorded more cyber incidents than all other industries in New Zealand in the quarter ending March.