ESG / Sustainability

Japan to Start Investing Foreign Reserves in ESG Bonds

12/10/2021

Japan would become the first G7 government to use its foreign reserves for ESG investments, as it ramps up efforts to combat climate change.

Fintech / Regtech

Laos Central Bank to Explore CBDC Issuance

11/10/2021

To help explore the feasibility of a CBDC, the Bank of the Lao PDR has enlisted Japanese fintech Soramitsu, which also help developed Bakong in Cambodia.

Fintech / Regtech

S. Korea to Tighten Rules for Bigtechs in Financial Services

11/10/2021

FSS governor Jeong Eun-bo said regulators will seek to enable fair competition between digital platform providers and financial companies.

Crypto / Digital Assets

S. Korea to Start Taxing Cryptocurrency Gains Next Year

10/10/2021

Any further delay will lead to “the loss of public trust in government policy and undermine stability in the legal system”, said finance minister Hong Nam-ki.

Crypto / Digital Assets

Coinbase to Reimburse 6,000 Customers Following Crypto Theft

08/10/2021

Coinbase is working with law enforcement to support its investigation into the individuals behind the hack.

Fintech / Regtech

Australia Finalises CDR Rule Changes to Increase Participation

06/10/2021

The amendments allow accredited data recipients to sponsor other parties to become accredited or allow them to operate as representatives.

Enforcement

US Inspector General Probes Fed Officials’ Stock Trades

06/10/2021

The Office of Inspector General will conduct an independent review to determine whether Fed officials violated ethics rules and the law.

Sanctions

Evergrande Poses No Threat to Hong Kong Stability: Paul Chan

05/10/2021

Evergrande accounts for just 0.05 percent of local banking assets. Trading in the company’s shares was suspended on Monday ahead of a major announcement.

APRA Prepares Measures to Rein in Housing Loan Growth

01/10/2021

APRA will publish a framework for implementing macroprudential policy to rein in the housing market and curb riskier home loans.