KYC & CDD

MAS Publishes Compliance Toolkit for Trust Companies

28/09/2021

The toolkit provides guidance on applications to be submitted to MAS for approval, as well as notifications and reporting requirements.

Sustainable Finance

BOK to Boost Investment in ESG-related Stocks, Bonds

28/09/2021

The BOK will exclude companies and sectors with low ESG scores from its investment universe in its foreign currency reserves management.

Trading & Investment

20 HK Banks Apply to Participate in Wealth Connect – Report

28/09/2021

Balanced funds, money market funds, equity and bond funds are reportedly among the more than 100 types of investment funds awaiting the HKMA’s approval.

Market Data & Technology

ANNA Service Bureau Receives Infrastructure Upgrade

28/09/2021

The enhancements will provide more effective tools for data management, including streamlined data processing and improved communication between contributors.

Trading & Investment

HKEX Goes Live with New Market Access Platform

28/09/2021

The new central gateway offers “improved performance and reduced latency” compared with the vendor-supplied platform it replaces, HKEX said.

Structural Regulation

BNM Announces Launch of New Reference Rate MYOR

28/09/2021

The MYOR will run in parallel to the existing KLIBOR, although publication of the lesser referenced two- and 12-month KLIBOR tenors will be discontinued.

Structural Regulation

CSRC Approves Neuberger Berman China Fund Business

28/09/2021

Neuberger Berman becomes just the third foreign fund manager to be granted approval for a domestic mutual fund business after BlackRock and Fidelity.

Sustainable Finance

BOJ to Finance Banks’ Green Loans, Green Bond Investments

28/09/2021

Lenders will receive zero-interest financing for the provision of green and sustainability-linked loans and investment in green and sustainability-linked bonds.

Tokenisation

SGX-Temasek JV to Launch Issuer Services Platform in Q4 2021

27/09/2021

Marketnode has established partnerships with 10 FIs to facilitate the launch of the new platform, which is part of a new digital infrastructure for fixed income.