ESG / Sustainability

PITCH! REGTECH: ESG Data Needs to Be More Accurate 

25/05/2023

Panellists at Regulation Asia’s PITCH! REGTECH conference said RegTech needs to be “creative” to help FIs manage ESG data.

ESG / Sustainability

Singapore Launches Sustainable Finance Training for Asset Managers

25/05/2023

IMAS is introducing sustainable finance training courses to enhance capacity building within the asset management industry.

Enforcement

HK SFC Disqualifies Former Luxey International Directors

25/05/2023

A Hong Kong court found two former Luxey International directors responsible for fraudulently inflating the price of a corporate acquisition and pocketing the gains.

Market Infrastructure

ASX Confirms Plans to Ramp Up Industry Testing Exercises

24/05/2023

ASX will increase the number of BCP events to two per year. All participants are expected to attend. The next BCP event is on 3 June.

Enforcement

Malaysia SC Orders Crypto Firm Huobi to Cease Local Operations

24/05/2023

Huobi is directed to stop advertising to Malaysian investors and to remove its app from local app stores.

Crypto / Digital Assets

IOSCO Proposes First-Ever Global Regulations for Crypto Market

24/05/2023

The recommendations cover activities including offering, admission to trading, ongoing trading, settlement, market surveillance and custody, and retail distribution.

AML / KYC

Japan to Enforce Travel Rule for Crypto from 1 June

24/05/2023

The FSA had already issued rules for travel rule implementation, but a definitive date for enforcement had not been set until now.

Securities / Derivatives

SEBI Proposes Measures to Reduce Equity Derivatives Volatility

23/05/2023

SEBI is seeking comments on proposed measures to strengthen the existing price band formulation for derivative-linked shares.

Capital / Liquidity

SEBI Seeks Uniform Total Expense Ratio for Mutual Funds

23/05/2023

SEBI’s proposed measures aim to increase transparency regarding the costs borne by mutual fund investors.