AML / KYC

US Imposes Sanctions Against Myanmar Military Leaders

10/02/2021

Joe Biden has approved a new executive order enabling the US to immediately sanction the military leaders who directed the 1 February coup in Myanmar.

Market Infrastructure

BOJ Surpasses GPIF as Largest Holder of Japanese Equities

10/02/2021

In March 2020, the BOJ said it aims to buy at least JPY 6 trillion worth of ETFs a year with an upper limit set at JPY 12 trillion.

Market Infrastructure

UPDATED: Over 100 Financial Firms Targeted by Single DDoS Attacker

10/02/2021

According to FS-ISAC, retail banking was the top target, accounting for 41% of the attacks, followed by exchanges at 15% and payments at 13%.

Securities / Derivatives

State-owned Firms Issue China’s First Carbon-neutral Bonds

10/02/2021

The bonds reportedly received a lukewarm response from investors who are seeking higher yields amid signs of tighter liquidity.

AML / KYC

India’s NPCI Launches Payment Authorisation Tech Challenge

10/02/2021

Fintechs, solution providers and developers are invited to submit unique solutions that can simplify payment authorisations for the UPI.

Fintech / Regtech

PBOC Directs Regional Banks to Only Seek Local Customers

10/02/2021

The PBOC told regional banks to focus on serving local customers and to not accept deposits from customers outside their regions.

Crypto / Digital Assets

AFCA Compels NAB to Repay Scammed Customers – Report

10/02/2021

The bank had to repay over A$200,000 to an elderly couple after it was unable to produce records showing it had warned them about a cryptocurrency scam.

ESG / Sustainability

CSRC Proposes Enhanced Investor Relations Management Rules

10/02/2021

The guidelines emphasise four principles of investor relationship management, and include an obligation for listed companies to disclose ESG information to investors.

Fintech / Regtech

Bursa Malaysia, Alliance Bank Establish Data Partnership to Help SMEs

10/02/2021

Bursa’s datasets and analytics capabilities will enable Alliance Bank to identify issues at SMEs and proactively recommend relevant solutions and advise on financing.