Crypto / Digital Assets

RBA Completes CBDC Research Project, Issues Findings

24/08/2023

The project highlighted areas where a CBDC could enhance the payments system, but also raised a number of legal and regulatory issues.

SEBI Proposes to Form New Supervisory Body for Research Analysts

24/08/2023

SEBI proposes to require membership in the new body in order to obtain registration as a research analyst in India.

ESG / Sustainability

RBNZ Releases Results of Second Climate Risk Survey

24/08/2023

Just over half of the entities have not yet undertaken climate-related scenario analysis, though all plan to do so in the next 12 months.

Enforcement

Korea: BNK Establishes Dedicated Team to Enhance Internal Controls

23/08/2023

The internal control analysis team is a response to multiple cases of misconduct by employees at BNK Kyongnam Bank.

AML / KYC

Wolfsberg Group Responds to FATF Consultation on NPO Standards

23/08/2023

It says NPOs should be required to conduct their own risk assessments and deploy risk-based controls similar to those used by correspondent banks.

Crypto / Digital Assets

New Zealand: Collapsed Crypto Firm Reported to FMA, SFO

22/08/2023

Grant Thornton has contacted regulators about a NZ$6.3 million shortfall between reported user holdings and the digital assets held by collapsed crypto firm Dasset.

Capital / Liquidity

SGX RegCo Issues Alert Against Dasin Retail Trust

22/08/2023

An individual apparently bought units to push up the price of Dasin Retail Trust, a China retail property trust providing exposure to the GBA.

ESG / Sustainability

BSP Signs UN-backed Principles for Responsible Investment

22/08/2023

Becoming a PRI signatory will help the BSP enhance its integration of ESG factors in its investment process and decision-making.

Market Infrastructure

Indonesia, Singapore Start QR Payment Interconnection Trial

21/08/2023

The QR payment linkage between Indonesia and Singapore is expected to officially launch within H2 2023 after the completion of the trials.