ESG / Sustainability

MAS, CDP Partner to Enhance Access to Quality ESG Data

20/03/2022

MAS and CDP will collaborate to explore the exchange of information between CDP’s disclosure system and MAS’ Project Greenprint.

ASIC to Review Whistleblower Policies for Noncompliance

20/03/2022

ASIC will consider enforcement action and other regulator tools where compliance falls short of expectations, says commissioner Sean Hughes.

Fintech / Regtech

Japan FSA Progresses Work on AI-based Translation System

19/03/2022

Translated financial documents were used as training data for the AI system, helping to improve the efficiency and accuracy of translations between Japanese and English.

AML / KYC

RBI Orders Paytm Payments Bank to Stop Onboarding Clients

19/03/2022

The bank reportedly violated rules by allowing data to flow to servers overseas and did not properly verify thousands of customers.

Fintech / Regtech

Ripple Calls on Korea to Further Develop Digital Assets Framework

19/03/2022

New policy paper calls for the implementation of a “risk-sensitive” digital asset regulatory framework to provide certainty and encourage innovation in the sector.

Market Infrastructure

European Commission Proposes Enhancements to CSDR

19/03/2022

The proposal seeks to provide more proportionate and effective rules for CSDs, while also facilitating their ability to offer cross-border services.

Australia Releases Terms of Reference for Quality of Advice Review

18/03/2022

The review presents will assess how the regulatory framework for financial advice could deliver better outcomes for consumers.

Securities / Derivatives

Thai SEC, World Bank Partner on Capital Markets Development

18/03/2022

The study will help the SEC ensure the capital market is responsive to the needs of investors and serves as a key mechanism to drive the economy towards sustainable growth.

Market Infrastructure

ASIC Expresses “Significant Concern” Over 4-Hour Outage at ASX

18/03/2022

After the incident on Thursday, ASIC said it views the outage with “significant concern” due to its “significant impact” on the market, market participants and investors.