Credit Risk

Singapore Announces Measures to Cool Property Market

16/12/2021

Measures to tighten financing conditions for both public and private housing will encourage greater financial prudence, the Ministry of Finance said.

Conduct, Culture & Accountability

Bursa Malaysia Issues New Guidance on Corporate Governance

16/12/2021

The guide is meant to help companies comply with the Malaysian Code on Corporate Governance, a revised version of which was issued by the SC in April.

Cryptocurrency

ISDA Advances Work to Develop Standards for Crypto Derivatives

15/12/2021

Contractual standards for digital asset derivatives will provide a foundation for the market and help enhance transparency, liquidity and price discovery.

Credit Risk

China Introduces New Measures to Incentivise Bank Lending

15/12/2021

The PBOC is providing banks with capital to lend to small businesses, and acting as an intermediary between lenders and property developers.

Trading & Investment

SET Allows Derivative Warrants to Use Foreign Stocks

15/12/2021

The first six derivative warrants with foreign underlying stocks were listed on the SET on Wednesday, issued by Macquarie Securities.

Conduct, Culture & Accountability

MAS to Raise Corporate Finance Due Diligence Standards

15/12/2021

The new rules will require corporate finance advisers to establish a governance framework for due diligence which includes ensuring the veracity of information obtained.

Cloud & Infrastructure

SFC Set to Launch Digital Licensing Platform on WINGS

15/12/2021

New electronic licensing forms for licence applications, annual returns, notifications and regulatory filings are to be submitted through WINGS from 3 January.

Anti-Money Laundering

UK Court Convicts, Fines NatWest for AML Failings

15/12/2021

NatWest’s accepted cash deposits worth around GBP 264 million. The case represents the first time the FCA has pursued criminal charges for money laundering failings.

Supervision & Enforcement

FMA Cancels Financial Advice Provider’s Transitional Licence

15/12/2021

This was the first transitional licence cancelled by the FMA, due to “serious misconduct” by the company’s sole financial adviser at a previous employer.