Sustainable Finance

Malaysia SC Revises Guidelines for SRI Funds

22/02/2023

The revised guidelines incorporate requirements for SRI funds seeking to qualify as an ASEAN Sustainable and Responsible Fund, among other changes.

Conduct, Culture & Accountability

Australia: Big Banks to Face Scrutiny from Parliamentary Committee

20/02/2023

The big four will face questions about how they set interest rates, protect customers from scams, and support the flow of credit to small businesses.

Supervision & 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.

Conduct, Culture & Accountability

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.

Liquidity Risk

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.

Data Privacy

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.

Liquidity Risk

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.

Tokenisation

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.

Conduct, Culture & Accountability

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.