AML / KYC

US, UK Announce New Russia Sanctions, EU to Ban Coal Imports

06/04/2022

New sanctions imposed against Sberbank, Alfa Bank, Credit Bank of Moscow, Putin’s adult daughters, and more Russian officials and oligarchs.

Market Infrastructure

Tokyo Bourse Starts Trading Under New Market Structure

06/04/2022

The launch of the new structure saw trading progress smoothly, with no system problems or technical glitches, although trading volume was thin.

Market Infrastructure

BOJ Publishes Details on Planned Bank Examinations for Fiscal 2022

05/04/2022

Key areas of focus for the BOJ will be to assess how banks are managing climate risk, credit risk, cross-border loans, and cybersecurity.

AML / KYC

US Designates Russian Tech Firms for Enabling Sanctions Evasion

03/04/2022

US sanctions 21 entities and 13 individuals. EU to propose new measures this week. Australia applies 35% export tariff.

Market Infrastructure

New Data Protection Requirements Enter into Force in Japan

03/04/2022

Japan’s revised law on the protection of personal data raises penalties for non-compliance, tightens breach reporting requirements, and gives data subjects additional rights.

AML / KYC

Australia a ‘Laggard on the World Stage’, Senate AML Inquiry Finds

31/03/2022

Senate committee warns that the government’s failure to bring lawyers, accountants and real estate professionals into the AML/CFT regime is harming Australians.

Fintech / Regtech

BIS, MAS Launch Prototype Supervisory Analytics Platform

31/03/2022

Project Ellipse can provide regulators with early warning indicators, analytics and prudential metrics to assist them in risk detection and banking supervision.

ESG / Sustainability

Hong Kong to Develop VCM, Unify GBA Carbon Market

31/03/2022

Hong Kong’s VCM will target local, Mainland and overseas buyers of carbon credits. Authorities will also work to establish a unified carbon market for the GBA.

AML / KYC

Japan to Tighten Russia Sanctions, G7 Rejects Ruble Option

30/03/2022

Japan to impose new requirements on crypto exchanges. G7 rejects Russian demand for gas payments in rubles. US to help EU reduce dependence on Russian energy.