Enforcement

Enforcement ‘At the Heart’ of ASIC’s Work: Joe Longo

16/02/2023

ASIC warns that it will target greenwashing, predatory lending and misleading insurance pricing promises.

Securities / Derivatives

SEBI Proposes Stronger Protections for Mutual Fund Investors

16/02/2023

Consultation paper sets out the core responsibilities of mutual fund trustees and proposes to make the boards of AMCs more accountable.

Fintech / Regtech

BSP Finalises New Requirements for E-money Issuers

14/02/2023

Amended regulations require e-money issuers to meet higher liquidity and capital requirements, to ensure the industry’s resilience.

Fintech / Regtech

EU Parliamentarians Back Eurozone Digital Wallet Framework

12/02/2023

The EU Digital Identity Wallet, expected to go live in 2024, will make it possible to store personal credentials within a single digital ID.

Capital / Liquidity

RBNZ Liquidity Policy Review Advances to Second Stage

12/02/2023

The RBNZ is seeking feedback on whether the LCR and NSFR standards should be adopted in New Zealand.

Crypto / Digital Assets

Deutsche Börse, Google Cloud Establish Partnership on Digital Assets

12/02/2023

Deutsche Börse Group will leverage Google Cloud to accelerate the development of digital securities platform D7, and deliver crypto spot and derivatives products.

Australia to Consult on Changes to Financial Advice Framework

10/02/2023

The newly released quality of advice review report offers 22 recommendations for regulatory changes to make financial advice more affordable and accessible.

AML / KYC

Swiss Prosecutors Investigate Credit Suisse’s 2022 Data Leak

08/02/2023

The investigation centres on suspected acts of corporate espionage, breach of trade secrets and violations of banking secrecy laws.

Fintech / Regtech

Industry Bodies Call on ACCC to Intervene Against ING

08/02/2023

FinTech Australia and FDATA say ING’s planned platform upgrade will invalidate thousands of CDR consents and force consumers to redo the process.