Sustainable Finance

SGX, Nasdaq Partner to Enhance ESG Visibility of APAC Issuers

15/06/2021

The addition of SGX data to Nasdaq’s sustainable bond network will enhance transparency of green, social and sustainability bonds in Asia Pacific.

Clearing & Post-Trade

KRX to Launch Trade Compression Services This Year

15/06/2021

KRX has amended its OTC derivatives clearing and settlement rules to provide the legal basis for the introduction of trade compression services.

Structural Regulation

CSRC Approves Launch of Daiwa Securities Joint Venture

15/06/2021

Daiwa Securities (China) Co will be able to provide brokerage and securities underwriting services. Operations will commence soon.

Credit Risk

Credit Risk, Shadow Banking Present Ongoing Concerns: CBIRC

15/06/2021

CBIRC chairman Guo Shuqing has highlighted credit risk, shadow banking, illegal fundraising, and derivatives trading as key sources of financial system risk.

Sustainable Finance

SGX Leverages Nikkei Partnership to Launch ESG REIT Derivatives

14/06/2021

The new futures contract aims to meet rising demand for integrating ESG considerations into investment portfolios, SGX said.

Anti-Money Laundering

AUSTRAC Seeks Input to Develop New Reporting Systems

14/06/2021

Input is sought as part of a discovery phase of a four-year systems transformation programme to replace ‘AUSTRAC Online’.

Structural Regulation

Shenzhen to Further Open to Foreign Financial Institutions

14/06/2021

Shenzhen’s five-year plan calls for the establishment of foreign-controlled securities firms, investment funds, futures companies and insurers in the city.

Fraud, Scams & Cybercrime

Japan FSA Orders Suspension of SBI Social Lending Unit

14/06/2021

SBI Social Lending Co solicited funds from investors with false or misleading information in lending agreements.

Cloud & Infrastructure

UOB Pilots Digital Signing Capability via SingPass

14/06/2021

UOB is testing the use of GovTech’s ‘Sign with Singpass’ to allow a set of retail and corporate customers to confirm transactions and product applications.