AML / KYC

GLEIF Welcomes LEI System’s First India Validation Agent

22/03/2022

Rubix Data Sciences has become the first India-based Validation Agent within the Global LEI System, and the sixth globally.

Securities / Derivatives

ASIC Consults on CCIV Licensing Requirements

22/03/2022

ASIC will be able to limit a corporate director’s CCIV operations to one CCIV with a single sub-fund if the corporate director fails to demonstrate ‘organisational competence’ and capacity.

Securities / Derivatives

Bursa Malaysia Adds e-DRP Functionality to Mobile App

22/03/2022

The new feature allows investors to participate in Dividend Reinvestment Plan corporate exercises electronically.

Fintech / Regtech

India, China to Enable Cross-Border Payments With Arab World

21/03/2022

India’s NPCI and China’s UnionPay have signed agreements to establish interoperability with Buna, a payment system owned by the Arab Monetary Fund.

Big Picture

Financial Stability Risks from BigTech May Be Increasing: FSB

21/03/2022

The FSB warns that bigtechs could become so large or dominant that their failure could have a severe impact on economic activity and financial stability.

NZ FMA Asked to Improve Conflicts Handling Process

21/03/2022

An independent review has found shortcomings in the way the FMA handled a conflict of interest last year and proposed changes to its processes.

Sanctions

State Street to Be Dismissed as Manager of HK Tracker Fund

21/03/2022

Hong Kong’s government commenced a review last year to assess State Street’s role as the manager of TraHK, the city’s largest and most-popular ETF.

Securities / Derivatives

Eurex Sets Launch Date for Expansion of KRX Link

20/03/2022

International investors will be able to trade KOSPI 200 options with weekly expiries outside Korean trading hours via Eurex from 28 March.

Fintech / Regtech

Australia Consults on Expansion of CDR to Non-Bank Lending

20/03/2022

The designation of non-bank datasets under the CDR will support creditworthiness assessments and compliance with responsible lending obligations.