ESG / Sustainability

Thai SEC Consults on Disclosure Guidance for SRI Funds

13/12/2021

Disclosures should include an investment strategy that details the securities analysis and selection process and investment benchmarks used.

Securities / Derivatives

SEBI Seeks to Regulate Algo Trading by Retail Investors

13/12/2021

SEBI is concerned that investors are increasingly using unregulated third party applications and algorithms to automate decision-making and trading.

Korea Extends Support for Key Industries Through Stabilisation Fund

13/12/2021

The regulator said financial support for key industries will be provided in the amount of KRW 10 trillion until end-December 2022.

China to Enhance Asset Sale Transparency at State-owned FIs

13/12/2021

Assets transfers by state-owned financial institutions must be through open transactions, such as on trading venues, auctions, and competitive negotiations.

ESG / Sustainability

HK Bourse Finalises New Rules on Governance, Board Diversity

13/12/2021

Amended corporate governance code and listing rules will require firms to ensure board independence, refreshment, and diversity from 1 January 2022.

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.