Securities / Derivatives

Dhaka Bourse to Launch First ETFs in Three Months

05/06/2022

BSEC has given consent to allow ETFs to launch in Bangladesh’s capital market. The minimum size of an ETF will be set at $5.6mn.

Securities / Derivatives

Foreign Firms Express Concern Over CSRC Cybersecurity Rules

05/06/2022

Financial firms are reportedly concerned that proposed new rules on cybersecurity could make them vulnerable to hackers and present sector-wide risks.

AML / KYC

Former CSRC Official Sentenced to Death With Reprieve

05/06/2022

A former CSRC official and Communist Party city chief was found to have taken $41mn in bribes between 2004 and 2020.

Securities / Derivatives

Philippine: DOF to Have Oversight of FX Trades by Govt Entities

04/06/2022

The Department of Finance is directed through a presidential order to provide oversight of FX derivatives activities of non-bank government entities.

ESG / Sustainability

ESMA Issues Supervisory Guidance on Greenwashing in Funds

04/06/2022

ESMA says administrative measures, including enforcement, may be appropriate in cases where SFDR disclosures are misleading or do not match fund documentation.

Crypto / Digital Assets

CFTC Files Suit Against Winklevoss-founded Crypto Exchange

03/06/2022

The CFTC says Gemini misled the regulator about whether it could prevent manipulation in the prices used as a benchmark for a bitcoin futures contract.

Fintech / Regtech

Green Link Digital Bank Launches Operations in Singapore

03/06/2022

Green Link Digital Bank, owned by Greenland Group and Linklogis, will seek to address the needs of underserved MSMEs.

AML / KYC

US to Seek New UN Sanctions if DPRK Tests Nuclear Weapon

03/06/2022

The US tried to impose new UN sanctions on North Korea last week but the resolution was vetoed by China and Russia.

ESG / Sustainability

LuxSE, India INX Announce New MOU, First Dual Listing

02/06/2022

The MOU promises to facilitate listings of Indian sustainable securities on LuxSE, which will help to enhance their visibility to international investors.