Ranamita is a Singapore-based reporter with over five years of experience in journalism, content writing and public relations. She holds a Master's degree in International Relations from RSIS, NTU Singapore and a Bachelor of Communication degree from Murdoch University, Australia.
Big Picture
Corporate Governance Policy Frameworks Need Strengthening: OECD
04/07/2021
The OECD says significantly fewer companies are using public equity markets, but that strengthening corporate governance policies and frameworks can help.
AML / KYC
ECA Warns of Weaknesses in EU’s AML/CFT Regime
02/07/2021
AML/CFT efforts are hindered by institutional fragmentation and poor co-ordination at EU level, among other weaknesses.
Philippines Expects More Entrants to Digital Banking Scene
02/07/2021
Tencent-backed Voyager Innovations, Philippine National Bank, RCBC, South Africa’s TymeBank, UnionBank, and EastWest Bank are among the applicants.
Enforcement
US Judge Orders Goldman, Former Execs to Face 1MDB Lawsuit
01/07/2021
A US district court judge said it “strains credulity” for Goldman Sachs to contend it had no indication that funds were being siphoned from 1MDB.
Market Infrastructure
FMA Finds Improved Regulatory Arrangements at NZX
01/07/2021
The overall design of NZ RegCo is a notable improvement on prior arrangements, FMA said in an annual review of NZX.
AML / KYC
Binance Deploys New AML Solution Amid Regulatory Pressure
01/07/2021
Binance has deployed a new AML compliance solution in the face of a ban in the UK and warnings from Japanese and Thai regulators.
AML / KYC
Eftpos Launches Business to Make Digital IDs Interoperable
30/06/2021
ConnectID acts as a ‘broker’ between identity providers, securely facilitating identity verification and data exchange, without storing identity data.
Crypto / Digital Assets
NZ FMA Warns Influencers Against Providing Financial Advice
30/06/2021
Social media influencers do not want to find themselves caught offering advice they’re not qualified or authorised to give, warns FMA chief Rob Everett.
ESG / Sustainability
SFC Refreshes Disclosure Guidance for ESG Funds
30/06/2021
From January, ESG funds will have to disclose how they attain their ESG focus, referencing the ESG criteria, measurement methodologies, and benchmarks used.
Big Picture
Japan’s Amended Banking Act to Have Limited Impact: Fitch
30/06/2021
The amendment is expected to contribute only marginally to addressing Japanese banks’ structural profitability challenges, Fitch Ratings says.
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