Trading & Investment

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.

Data Privacy

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.

Fraud, Scams & Cybercrime

MAS Bars Former DBS Wealth Planner for Cheating Clients

20/03/2022

The former DBS Bank wealth planning manager fraudulently deceived clients into transferring SGD 490,000 into his personal bank account.

ESG Data

MAS, CDP Partner to Enhance Access to Quality ESG Data

20/03/2022

MAS and CDP will collaborate to explore the exchange of information between CDP’s disclosure system and MAS’ Project Greenprint.

Conduct, Culture & Accountability

ASIC to Review Whistleblower Policies for Noncompliance

20/03/2022

ASIC will consider enforcement action and other regulator tools where compliance falls short of expectations, says commissioner Sean Hughes.

AI Risk & Governance

Japan FSA Progresses Work on AI-based Translation System

19/03/2022

Translated financial documents were used as training data for the AI system, helping to improve the efficiency and accuracy of translations between Japanese and English.

KYC & CDD

RBI Orders Paytm Payments Bank to Stop Onboarding Clients

19/03/2022

The bank reportedly violated rules by allowing data to flow to servers overseas and did not properly verify thousands of customers.

Cryptocurrency

Ripple Calls on Korea to Further Develop Digital Assets Framework

19/03/2022

New policy paper calls for the implementation of a “risk-sensitive” digital asset regulatory framework to provide certainty and encourage innovation in the sector.

Clearing & Post-Trade

European Commission Proposes Enhancements to CSDR

19/03/2022

The proposal seeks to provide more proportionate and effective rules for CSDs, while also facilitating their ability to offer cross-border services.