AML / KYC

US Treasury Imposes Sanctions on Eight Chinese Tech Firms

17/12/2021

Trade restrictions have also been imposed on 34 entities for alleged human rights violations and technology use that ‘undermines US national security’.

Big Picture

NBFI Vulnerabilities “Broadly Stable” Year-to-year: FSB

17/12/2021

Largely unchanged measures of credit intermediation, maturity and liquidity transformation, and leverage highlight the rapid response and impact of official sector intervention.

ESG / Sustainability

NGFS Issues Guidance for Central Banks on Climate Disclosure

17/12/2021

The ‘how-to’ guide allows central banks to take their own specificities into account and to flexibly decide on the scope and depth of their disclosure, the NGFS said.

Securities / Derivatives

Korea Defers Consolidated Accounting Control Rule to 2023

17/12/2021

The pandemic situation has posed challenges for listed companies in setting up their consolidated internal accounting management systems, the FSC said.

Securities / Derivatives

APRA Publishes Latest Data on Super Fund Underperformance

17/12/2021

About 60% of choice products and 45% of MySuper products delivered returns below benchmarks. APRA will further intensify its supervision on trustees delivering sub-standard member outcomes.

Market Infrastructure

HKMA, SFC Consult on Calculation Periods for OTC Derivatives Clearing

16/12/2021

The existing list of calculation periods will be exhausted in about one year’s time. The HKMA and SFC propose to add eight similar calculation periods to the clearing rules.

Securities / Derivatives

China’s SAFE Grants Fresh QDII Quotas, Mid-month

16/12/2021

The irregular mid-month disclosure suggests that policymakers are intent on containing the rapid appreciation of the yuan.

Singapore Announces Measures to Cool Property Market

16/12/2021

Measures to tighten financing conditions for both public and private housing will encourage greater financial prudence, the Ministry of Finance said.

ESG / Sustainability

Bursa Malaysia Issues New Guidance on Corporate Governance

16/12/2021

The guide is meant to help companies comply with the Malaysian Code on Corporate Governance, a revised version of which was issued by the SC in April.