AML / KYC

HKMA Issues Guidance for Banks on Handling ‘Bogus’ Calls

25/06/2024

The HKMA has directed banks to review and step up measures to protect consumers from “bogus” telephone calls purporting to be from banks.

Crypto / Digital Assets

Hong Kong Seeks to Lures Canadian Tech Startups to City

22/06/2024

Hong Kong officials are calling on crypto, fintech and Web3 startups from Canada to set up in the city.

Market Infrastructure

HKEX to Introduce Measures to Boost Stock Connect – Report

21/06/2024

New chair Carlson Tong said HKEX will introduce more measures to boost market turnover and new listings.

Enforcement

Hong Kong SFC Suspends Ex-PICC Investment Manager

21/06/2024

The former investment manager failed to properly manage the risks of the fund, including liquidity and concentration risks.

NZ FMA Issues New Auditor Regulation and Oversight Plan

21/06/2024

By ensuring a high standard of auditing we aim to increase investor confidence in the quality of the audited financial statements of reporting entities, the FMA said.

ESG / Sustainability

Australia Publishes New Sustainable Finance Roadmap

20/06/2024

The roadmap says mandatory climate-related financial disclosure requirements will commence for large companies and FIs from 1 January 2025.

ESG / Sustainability

New Zealand Issues Guidance for Users of Climate Statements

19/06/2024

The new guides are intended to help users such as investors and lenders to understand the CRD regime and the information provided in climate statements.

Fintech / Regtech

APRA Launches Digital Version of Prudential Handbook

19/06/2024

The new handbook presents all APRA prudential standards, guidance and supporting information in a digital format.

AML / KYC

Australia NASC Joins Anti-Scam Intelligence Sharing Platform

19/06/2024

The NASC will be able to share and receive more intelligence such as scam phone numbers, URLs, and bank accounts and use it to protect more Australians.