Securities / Derivatives

CSRC Says Talks With US Regulators Have Progressed ‘Smoothly’

03/04/2022

The CSRC was responding to a question about comments from SEC chair Gary Gensler which appeared to cast doubt that a deal on audit supervision was imminent.

Fintech / Regtech

FCA Allows Crypto Firms to Continue Under Temporary Registration

03/04/2022

Though the deadline has passed, six cryptoasset firms with temporary registration can still continue to operate under temporary registration.

Market Infrastructure

Indonesia Designates IndONIA as Overnight Rupiah Benchmark

03/04/2022

Regulators are calling on market participants to increase the use of IndONIA as an interest rate benchmark in rupiah financial products and instruments.

ESG / Sustainability

Malaysia JC3 Issues Draft TCFD Application Guide for FIs

03/04/2022

All Malaysian FIs will be expected to adopt basic recommendations set out in the application guide and encouraged to adopt more sophisticated ‘stretch’ recommendations.

Market Infrastructure

HKMA, SFC to Add Calculation Periods to Clearing Rules

03/04/2022

The HKMA and SFC also proposed to add Nomura Financial Products Europe GmbH to the FSP List under the OTC derivatives clearing regime.

ESG / Sustainability

Singapore Updates Stewardship Principles for Responsible Investors

03/04/2022

The updated Principles emphasise the need to integrate ESG considerations into investment decision-making and stewardship practices.

Securities / Derivatives

BOJ to Increase Bond Buying Despite Strain on Businesses

03/04/2022

The BOJ will increase the size of its buy-buying operations in the April-to-June quarter, despite pressure on the yen that is harming businesses.

Crypto / Digital Assets

Bangladesh Proposes Law to Raise Penalties for Banking Fraud

03/04/2022

The bill would allow Bangladesh Bank to remove a bank’s owners, directors, executives, and other officials if they are involved in banking fraud.

Securities / Derivatives

SGX, UK Partner to Fund New SDG-Aligned Issuers

03/04/2022

SGX and MOBILIST will partner to support new issuers of securities aligned with the SDGs by deploying equity capital and other forms of assistance.