Market Infrastructure

SFC, CSRC Agree to Align Trading Calendars for Stock Connect

15/08/2022

Northbound and southbound Stock Connect trading will be possible on all trading days when both the Hong Kong and Mainland China markets are open.

Capital / Liquidity

APRA Corporate Plan Highlights Focus on Industry Resilience

14/08/2022

In its latest corporate plan, APRA said its focus is to ‘protect the community today’ and ensure the financial system is ‘prepared for tomorrow’.

AML / KYC

INTERPOL Calls for Urgent Action to Tackle Pollution Crime

12/08/2022

Document fraud, tax evasion, money laundering and corruption are common components of pollution crimes, which often have a nexus with organised crime.

Market Infrastructure

Korea: New FSC Administration Sets Out Policy Agenda

11/08/2022

The agenda sets out measures to ensure financial stability, encourage digital transformation, improve the capital markets, and introduce new regulations for digital assets.

Market Infrastructure

ASIC to Provide Industry Support on Breach Reporting Compliance

10/08/2022

ASIC says it is aware of implementation challenges associated with the new breach reporting regime, and that it will work to help reduce the compliance burden.

Fintech / Regtech

FSC Korea Unveils Plans to Promote Big Data and AI Technology

09/08/2022

Vice chairman Kim So-young said the FSC will remove barriers that prevent financial services firms from making use of big data and AI technology effectively.

Enforcement

ASIC Finalises Guidance on How FSCP Will Work

05/08/2022

FSCP sitting panels will comprise an ASIC staff member as chair and at least two external members from the FSCP’s pool of industry participants.

ASIC Again Extends Transitional Relief for Foreign Financial Firms

03/08/2022

The extension has likely been announced to allow the new government time to consider legislative reforms for foreign financial services providers.

Securities / Derivatives

Thai SEC Proposes Rules to Prevent Misuse of IPO Channel

03/08/2022

The amendments will prevent listed companies from operating as investment companies and circumventing rules applicable to fund managers.