Enforcement

Australian Court Charges Woman for Superannuation Fraud

01/05/2021

A woman is said to have submitted multiple false hardship claims on behalf of others to gain early access to A$330,000 in superannuation.

Securities / Derivatives

ICBC, Bank of China Approved to Invest in National Green Fund

01/05/2021

The ‘National Green Development Fund’ was launched in July 2020 to spearhead investments in green projects and sustainable development.

Securities / Derivatives

SEBI Issues Guidelines for CRAs on Issuing Provisional Ratings

01/05/2021

Credit rating agencies cannot assign a rating, including provisional decisions, to an issuer or client evaluating strategic decisions.

Market Infrastructure

APRA Issues Draft Prudential Practice Guide on Remuneration

01/05/2021

The guidance will assist entities in complying with APRA’s new standard on remuneration, which is expected to be finalised later this year.

Enforcement

CBIRC Warns Banks of Stronger Penalties for Shareholder Violations

01/05/2021

Banks and insurers are asked to conduct self-assessments and improve their accountability standards and procedures to guard against illegal behaviour.

Enforcement

SG Police Issue Forgery Charges in Nickel Trading Fraud Case

30/04/2021

With the latest charges, Ng Yu Zhi now faces a total of 11 counts of cheating, fraudulent trading and forgery. He will return to court on 17 May.

Enforcement

SEC Thailand Seeks Investigative, Prosecutorial Powers

29/04/2021

The SEC seeks powers to investigate and prosecute its own cases and speed up enforcement against capital market violations.

CBIRC Orders Big Banks to Increase SME Loans by 30pc

29/04/2021

The CBIRC has asked China’s five largest banks to increase their inclusive loans to SMEs by over 30 percent for the year.

ESG / Sustainability

RBI Joins Network for Greening the Financial System

29/04/2021

The RBI expects to benefit from the membership of NGFS by learning from and contributing to global efforts on green finance.