Trading & Investment

Malaysia Set to Lift Restrictions on Intraday Short Selling

19/12/2021

Intraday short selling will resume on 1 January 2022, with enhanced control measures including the automated application of the “at-tick rule”.

KYC & CDD

New Zealand DIA, FMA Issue Directions on Outsourced CDD

19/12/2021

Outsourced CDD does not exist in isolation from reporting entities’ wider CDD procedures and obligations, the DIA and FMA said.

Sustainable Finance

HK Steering Group Announces Next Steps in Green Transition

18/12/2021

HKMA to develop new ECF module on Green and Sustainable Finance. Steering Group to explore local taxonomy and voluntary carbon market.

Structural Regulation

Korea to Improve Foreign Access to Domestic Currency Market

17/12/2021

The move is aimed at helping Korea win inclusion in the MSCI developed markets index. Currently, there is no offshore currency market for the won.

Anti-Money Laundering

SFC Fines Mason Securities for AML Breaches

17/12/2021

In deciding the disciplinary sanction, the SFC took into account the “extensive period of time” over which the failures occurred.

Structural Regulation

SEBI Proposes ‘One Commodity, One Exchange’ Policy

17/12/2021

The proposed policy will help exchanges develop an exclusive set of un-fragmented liquid contracts for a specific agricultural commodity over 3-5 years.

PEPs & Sanctions

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’.

Emerging Prudential Risks

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.

Reporting & Disclosures

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.