Big Picture

World Bank Urges East Asian, Pacific Jurisdictions to Address NPLs

11/11/2021

A new report from the World Bank offers recommendations for East Asian and Pacific countries on addressing pandemic-related non-performing loans.

ESG / Sustainability

Securities Lending Associations Publish Best Practice Voting Guide

09/11/2021

The new guide is the first publication of a new working group formed by five securities lending associations, including ISLA and PASLA.

Enforcement

SMBC Nikko Securities Under Market Manipulation Probe – Report

04/11/2021

Employees are said to have traded several stocks to support their prices to ensure the completion of block deals conducted after market hours.

ASIC Finds Conflict Management Failures at Super Funds

03/11/2021

ASIC identified a “clear failure” to identify investment switching by directors and executives of superannuation trustees as a source of potential conflict.

Enforcement

HK ICAC Charges Property Agent With Mortgage Loan Fraud

01/11/2021

The property agent Chiu Ka-wai applied for a mortgage loan with HSBC and falsely represented that the property was for self-occupancy.

Fintech / Regtech

Digital Capability Key to Boosting Malaysia Capital Market, says SC

30/10/2021

SC chairman Datuk Syed Zaid Albar highlights the importance of technology and fintech in shaping the capital market ecosystem.

FSS Korea to Probe 58 Companies Over Digital Cash Issuance

30/10/2021

Among the companies subject to the probe is Starbucks, which holds customer funds in excess of 180bn won, more than Naver Pay and Toss.

APRA Directs Super Funds to Improve Operations

29/10/2021

APRA has concluded three thematic reviews into core operational areas for super funds. Trustees are asked to draw from the findings to improve their operations.

Crypto / Digital Assets

India No Longer Likely to Ban Cryptocurrencies – Report

29/10/2021

Finance ministry officials have reportedly said that a law for cryptocurrencies could as soon as February 2022, around the time of India’s next general Budget.