Securities / Derivatives

BSEC Proposes to Strengthen Rules Against Insider Trading

10/05/2022

Listed companies will have to disclose all loan activities, contracts with related parties, and technology changes as ‘price sensitive information’.

AML / KYC

US SEC, DOJ File Fraud Charges Over $62mn Crypto Fraud

10/05/2022

MCC International Corp and its founders were charged for selling fraudulent investment plans that promised daily returns from crypto mining and robotic trading.

Fintech / Regtech

90pc of Central Banks Are Exploring a CBDC, BIS Finds

10/05/2022

More than a third of central banks will soon have legal authority to issue a CBDC. More than two thirds are likely to launch a retail CBDC in the short or medium term.

Fintech / Regtech

MAS Grants Fifth DPT Licence Under PSA to Coinhako

10/05/2022

Coinhako is the fifth firm to receive a full DPT licence under the PSA, after TripleA, FOMO Pay, DBS Vickers and Independent Reserve.

ESG / Sustainability

Thai Stock Exchange Publishes Sustainability Reporting Guide

10/05/2022

The guide contains ESG metrics for eight industry groups and should be used to inform listed company practices for disclosing sustainability-related information.

AML / KYC

OFAC Sanctions Crypto Mixer, 49 More Wallet Addresses

09/05/2022

Crypto mixer Blender.io was used to process over $20.5mn of the crypto stolen from the Axie Infinity hack in March, OFAC said.

AML / KYC

EU Oil Embargo Opens Possibilities for Further Sanctions – Report

09/05/2022

The US could enforce secondary sanctions against designated Russian entities and individuals, which would threaten anyone transacting with Russia.

Market Infrastructure

LSEG to Launch New NDF Matching Venue in Singapore

09/05/2022

The fully cleared NDF matching venue will be open for integration testing later this year, with a full production launch in mid-2023.

China to Phase Out Foreign PCs, Software from SOEs

09/05/2022

Government agencies and state-backed corporations will have two years to replace foreign-branded personal computers with domestic alternatives.