Market Infrastructure

APRA Releases New Performance Metrics for Super Funds

26/09/2024

APRA seeks to improve member outcomes by bringing together performance metrics of the performance test and superannuation heatmaps.

Market Infrastructure

Digital Asset, DTCC Complete Pilot Test on Tokenised US Treasuries

26/09/2024

Digital Asset, DTCC and other industry project participants executed 100 transactions using tokenised US Treasuries as collateral.

Enforcement

Australian Court Orders Vanguard to Pay Record Greenwashing Fine

25/09/2024

The court ordered Vanguard to pay A$12.9mn for making false or misleading representations about its ESG exclusionary screens.

AFRC Identifies Gaps in Hong Kong Accounting Profession

18/09/2024

The AFRC has directed the HKICPA to improve its processes for developing and improving the quality of CPD training courses.

FMA Consults on New Reporting Rules Under CoFI Regime

17/09/2024

The regulatory returns ask firms to provide details on their business structure and the fair conduct programmes they must maintain under CoFI.

Enforcement

SFC Reaches Compensation Deal for Shareholders of Delisted Firm

17/09/2024

If approved by the court, three former directors who siphoned money from a now-delisted company will pay HK$192mn in compensation to minority shareholders.

Market Infrastructure

Hong Kong, Macao to Establish Bond Market Infrastructure Link

17/09/2024

Investors in Hong Kong and Macao will be able to clear, settle and hold bonds in each other’s markets using their existing home market infrastructure.

ESG / Sustainability

HKMA, DFSA to Deepen Collaboration on Sustainable Finance

17/09/2024

The HKMA and DFSA signed an MoU to deepen cross-border dialogue, information exchange and joint research on sustainable finance.

AML / KYC

Australia Proposes Bill to Establish Scams Prevention Framework

16/09/2024

The framework creates obligations for banks, telcos and tech giants to prevent, detect, report, disrupt, and respond to scams.