Conduct, Culture & Accountability

Westpac to Pay Remediation Over Corporate Actions Failures

04/07/2021

ASIC says it encourages all advice licensees and platform operators to consider their own corporate action management arrangements.

Clearing & Post-Trade

SEBI Allows Cross Margin Benefits in Commodity Futures Trades

03/07/2021

The move is part of efforts to improve efficiency in the use of the margin capital and enhance market liquidity.

Operational Risk

RBI Issues New Guidelines on Outsourcing for Coop Banks

03/07/2021

Cooperative banks should not outsource policy formulation, internal audit, KYC compliance, credit approval and portfolio management.

Trading & Investment

BOJ Seeks to Stimulate Bond Market Trading Activity

03/07/2021

The BOJ has cut its bond purchase targets, reflecting a desire to make the market more active after its own policy led to stagnant trading.

Anti-Money Laundering

Indonesia, Brunei to Cooperate on AML/CTF in Payments

03/07/2021

The MoU aims to strengthen policy cooperation on AML/CTF in payments. Indonesia is seeking to become a member of the FATF.

Structural Regulation

MAS: Remaining Amendments for BAA 2020 Take Effect

03/07/2021

Remaining amendments to Regulations, Notices and Guidelines needed for the Banking (Amendment) Act 2020 (BAA) commenced on 1 July 2021.

Liquidity Risk

SEBI Clarifies Application of Liquidity Risk Rules for Debt Funds

02/07/2021

Liquid assets requirements imposed in November mean that asset allocation limits only apply to the non-liquid portion of portfolios.

Anti-Money Laundering

FSC Korea Concerned of Embezzlement by Crypto Exchanges

02/07/2021

As the 24 September deadline for VASPs to register their businesses approaches, some businesses may close down, presenting risks to customer deposits.

Reporting & Disclosures

CSRC Includes Carbon Emissions in Revised Disclosure Rules

02/07/2021

Listed companies are required to disclose carbon emissions and environmental impacts, and voluntarily disclose measures to reduce carbon emissions.