ESG / Sustainability

IOSCO Offers Recommendations on Scaling Up Carbon Markets

10/11/2022

In two separate consultation reports, IOSCO explores measures to bolster the transparency, integrity and resilience of mandatory and voluntary carbon markets.

ESG / Sustainability

ISSB Outlines Plans to Prepare Market for New Standards

10/11/2022

ISSB launches capacity building initiative. CDP to adopt ISSB standard on environmental disclosure platform. IOSCO to “promptly” decide on endorsement.

Crypto / Digital Assets

US Court Rules Crypto Firm LBRY Sold Unregistered Securities

09/11/2022

Industry watchers say the ruling could have implications for the SEC’s suit against Ripple, which was charged in December 2020 with selling unregistered securities.

Fintech / Regtech

Bursa Malaysia Concludes Customers Experience Analytics PoC

09/11/2022

A machine learning model was used to gain insights from industry data that will help improve the retail investor experience and outcomes.

Securities / Derivatives

“Incremental” Progress Made to Advance OTC Derivatives Reforms

08/11/2022

The latest FSB progress report highlights efforts from China, India, Korea, and Indonesia to further implement reforms in OTC derivatives markets.

AML / KYC

Australia Consults on New Beneficial Ownership Disclosure Regime

08/11/2022

The first phase will require specified entities regulated under the Corporations Act to maintain accurate, up‑to‑date and publicly accessible beneficial ownership registers.

Market Infrastructure

MAS to Ban Payment for Order Flow from 1 April 2023

07/11/2022

Brokers “should not receive PFOF in placing and/or executing customers’ orders” because it “introduces conflicts of interests” and is “likely to cause harm to customers”, MAS says.

Fintech / Regtech

SEBI Drafts Cloud Adoption Framework for Regulated Entities

06/11/2022

The framework says there are “no limitations” on the use of any cloud deployment models, but provision must only be from data centres empanelled by MeitY.

AML / KYC

US: ABA Warns Against Liability Shift for Fraudulent P2P Payments

04/11/2022

Making banks liable for customer-initiated P2P transfers that result from fraud will harm consumers and competition, embolden scammers, and ultimately increase fraud rates.