Emerging Prudential Risks

US SEC Asks Firms to Detail Russia-Related Exposures – Report

01/08/2022

The SEC sought broad information from companies in May but is now asking for more specifics from some firms, including Citi.

Sustainable Finance

Singapore to Launch Inaugural Sovereign Green Bond Sale

01/08/2022

Both institutional and retail investors will be able to apply to purchase the bonds, which will be launched via a book-building process this week.

Cybersecurity

Malaysia SC Proposes Technology Risk Management Rules

01/08/2022

The regulatory framework includes a set of principles for capital market entities to adopt in their use of AI/machine learning.

Trading & Investment

Shanghai, Shenzhen Bourses Revise Convertible Bond Rules

01/08/2022

New trading rules and self-regulatory guidelines are aimed at preventing excess speculation and promoting the development of the convertible bond market.

Sustainable Finance

High Definition: Does Asia Need a Unified ESG Taxonomy?

01/08/2022

As countries move at different speeds towards developing their own standards, is this multiplicity an obstacle to a greener future?

Fraud, Scams & Cybercrime

FSC Fines Bank of Taiwan Over Embezzled Customer Funds

01/08/2022

The illegal behavior lasted nearly 10 years, affecting nine customers, five of which were seniors. The total amount involved was about TWD 84.5 million.

Conduct, Culture & Accountability

HKEX Extends Listing Rules to Cover Share Award Schemes

01/08/2022

The rule amendments relating to share schemes will come into effect on 1 January 2023, however issuers may adopt the amended rules earlier.

Trading & Investment

SGX, NSE Formally Launch Trading Link at GIFT City

01/08/2022

NSE IFSC-SGX Connect is ready to trade and clear Nifty equity derivatives for global institutions, with seven SGX members already onboarded.

Climate Risk

US Treasury Launches Data Hub for Climate Risk Assessments

01/08/2022

The Climate Data and Analytics Hub will enable financial regulators to use data from across the government to assess climate-related financial stability risks.