ESG / Sustainability

Malaysia to Introduce Mandatory TCFD-aligned Disclosures for FIs

13/12/2021

Guidance on climate risk management, scenario analysis and disclosures will be issued for consultation. Specialised training will be introduced in 2022.

Market Infrastructure

CPMI to Define Service Level Template for Cross-border Payments

13/12/2021

Agreed service levels will establish consistency and certainty for all cross-border payment stakeholders based on a common framework, CPMI says.

AML / KYC

AUSTRAC Issues Financial Crime Guide on Disaster Payments Fraud

13/12/2021

The financial crime guide helps financial firms identify the misuse of emergency and disaster payments administered through Services Australia.

Fintech / Regtech

HK Associations Published Revised Code of Banking Practice

13/12/2021

Banks are expected to achieve full compliance with the new provisions within six months. The Code is endorsed by the HKMA.

AML / KYC

FATF Calls for Global Action on Environmental Crime

13/12/2021

For the first time, the UNODC, UNEP and CITES met with the FATF to discuss partnerships to fight money laundering from environmental crimes.

Press Release

Regulation Asia Awards for Excellence 2021 – Results Announcement

10/12/2021

Regulation Asia held its fourth annual Awards ceremony on 9 December 2021. Here we explain our methodology and announce the winners for the year.

Press Release

ISDA Named Industry Association of the Year

10/12/2021

ISDA was recognised for its work on LIBOR transition, initial margin compliance, Basel III benchmarking, digitisation initiatives, a new digital documentation platform, and ESG standards.

Press Release

Synpulse Recognised for Work to Address Regulatory Challenges

10/12/2021

Synpulse helped clients with ESG gap assessments, periodic KYC review enhancements, and a data management framework uplift project, among others.

Press Release

PwC Awarded Consulting Firm of the Year

10/12/2021

PwC was recognised for its work in four core areas – risk and regulatory reporting, financial risk management, financial crime compliance and risk mitigation, and cyber and forensics.