Securities / Derivatives

HKEX Selects Ex-SFC Chair Carlson Tong as New Chair

25/04/2024

Carlson Tong will take over from Laura Cha as the new HKEX chair for a three-year term until 2025.

ESG / Sustainability

Preparations for Mandatory Climate Disclosures Must Start: ASIC

24/04/2024

ASIC calls on companies to put in place systems, processes and governance practices that will be required to meet new climate reporting requirements.

ESG / Sustainability

RBNZ Unveils Results of 28-year Climate Stress Test

24/04/2024

The stress test highlighted the potential for climate-related risks to “significantly” reduce bank profitability.

Fintech / Regtech

China Launches Unified Account Inquiry Platform for Fund Investors

23/04/2024

The platform provides a “one-stop” service for investors to query information about their holdings in public funds, regardless of fund manager or sales channel.

Market Infrastructure

Malaysia to Regulate BNPL Under New Consumer Credit Act

23/04/2024

The government and regulators are reportedly formulating a new Consumer Credit Act that will capture non-bank entities including BNPL providers.

Fintech / Regtech

Hong Kong Launches New ‘One-Stop’ Platform for SMEs

23/04/2024

The new ‘one-stop SME platform’ enables SMEs to “shop around” for lending services offered by the major banks.

Crypto / Digital Assets

Thailand to Start Blocking Unlicensed Crypto Providers

23/04/2024

Thailand’s SEC and MDES will start blocking unlicensed digital asset platforms in the country to curb money laundering and online crime.

ESG / Sustainability

BSP Completes Self-Assessment Against Climate Risk

22/04/2024

The assessment generated  recommendations including for BSP to enhance its emergency response systems and business continuity strategies.

AML / KYC

AUSTRAC Fines Eight Firms for Compliance Report Nonsubmission

22/04/2024

AUSTRAC issued infringement notices to eight firms that failed to submit their annual compliance reports.