CBDCs

MAS, Banque de France Complete m-CBDC Experiment

11/07/2021

The experiment showed the potential to reduce the number of correspondent banking parties involved in the payment chain for cross-border transactions.

Reporting & Disclosures

Taiwan FSC Tightens Rules for ESG-themed Funds

08/07/2021

Asset managers are required to set one sustainability goal and explain how their investments help achieve that goal.

Data Privacy

China to Tighten Oversight of Overseas Listings

08/07/2021

Chinese authorities will step up supervision of companies that list overseas to improve regulation of cross-border data flows and security.

CBDCs

RBNZ to Consult on Potential CBDC Issuance

08/07/2021

The RBNZ plans to consult on broad concepts of money and cash stewardship, the potential for a CBDC, and issues arising from crypto assets and stablecoins.

Fraud, Scams & Cybercrime

HKMA Launches Campaign to Raise Awareness of Phishing

08/07/2021

HKMA statistics show that phishing frauds in the first six months of 2021 were up 145% from the first half of 2020.

Market Abuse

ICAC, SFC Arrest Listed Company Exec in Joint Operation

08/07/2021

The ICAC and SFC searched a number of premises, including the offices of the listed company and one of its IPO underwriters.

Trading & Investment

Sri Lanka Seeks Global Partner to Develop Exchange in Port City

08/07/2021

The Colombo Port City project is a joint venture between Sri Lanka and China to develop a service-oriented special economic zone.

PEPs & Sanctions

US, Switzerland Announce New Sanctions Against Myanmar

07/07/2021

The Treasury has sanctioned 22 more individuals connected to Myanmar’s military, while the Department of Commerce added four companies to its Entity List.

Cryptocurrency

Philippine Bourse Seeks to Launch Crypto Business – Report

07/07/2021

CEO Ramon Monzon said the PSE should be the exchange platform for crypto assets because it already has the trading infrastructure and investor safeguards in place.