Capital / Liquidity

APRA Requires OnePath Custodians to Pay A$10.7m

23/07/2024

Deputy Chair Margaret Cole said APRA’s patience for entities who are still struggling with foundational issues has “run out”.

Crypto / Digital Assets

Hong Kong Lists Asia’s First Inverse Bitcoin ETF

23/07/2024

The new ETF was issued by CSOP Asset Management, which was also first to launch Asia’s first crypto futures ETFs in December 2022.

ASIC Signs Data Sharing MoU With Information Commissioner

22/07/2024

ASIC and the OAIC will share data and privacy breach information to enable both agencies to perform their functions more effectively.

ESG / Sustainability

New Zealand FMA Issues Draft Disclosure Guidance for CREs

22/07/2024

The guidance describes how climate reporting entities should refer to climate statements in documents such as PDS and annual reports.

Market Infrastructure

Indonesia, UAE Central Banks Enhance Payments Cooperation

22/07/2024

BI and CBUAE will create a cross-border QR payment linkage that will use direct local currency exchange rate quotations from appointed dealer banks.

Market Infrastructure

HKEX to Allow Secondary Listings from UAE Stock Exchanges

22/07/2024

Companies with primary listings at Abu Dhabi Securities Exchange and Dubai Financial Market can apply for a secondary listing in Hong Kong.

NZ FMA Urges FIs to Enhance Fair Treatment of Customers

19/07/2024

The FMA asks FIs to use findings from a recent consumer survey to enhance their practices for ensuring fair treatment of customers.

Crypto / Digital Assets

HKMA Names First Participants of Stablecoin Sandbox

19/07/2024

The participants are Jingdong Coinlink Technology, RD InnoTech, Standard Chartered, Animoca Brands, and HKT.

Enforcement

APRA Reduces Westpac’s Operational Risk Capital Add-on

19/07/2024

APRA reduced Westpac’s A$1bn operational risk capital add-on by half in response to progress made to address risk governance concerns.