Fintech / Regtech

BNM to Upgrade RENTAS, Including to Facilitate CBDC

07/03/2024

BNM’s modernisation plan for RENTAS includes future-proofing the system and enhancing its risk management functionalities.

ESG / Sustainability

Taiwan to Help Eswatini Establish Carbon Exchange

07/03/2024

The TWSE and TCX signed MoUs with the Eswatini Stock Exchange to enhance cooperation including in carbon credit business.

ESG / Sustainability

Philippine SEC Adopts Sustainable Finance Taxonomy

06/03/2024

The SEC said issuers of securities should refer to the taxonomy when making investment decisions or designing sustainable financial products and services.

Crypto / Digital Assets

Montenegro Court Halts Extradition of Terra’s Do Kwon to US

06/03/2024

Do Kwon’s case will be retried because of procedural issues over who between the US and South Korea was first to request his extradition.

Enforcement

SFC, HKEX Jointly Take Action Against GEM-Listed Firm

06/03/2024

Two former directors misappropriated assets by paying an IPO consultant who subsequently rerouted the funds back to the directors.

Market Infrastructure

RBNZ: New Cyber Reporting Rule to Start Next Month

06/03/2024

Regulated entities will be required to report material cyber incidents to the RBNZ within 72 hours starting from 8 April 2024.

AML / KYC

Australia: NASC Warns of Deepfake Celebs Promoting Scams

06/03/2024

Fake news articles and deepfake videos are being used to convince people to make online investments that turn out to be scams.

AML / KYC

Vietnam to Develop Legal Framework for Crypto by 2025

05/03/2024

The government has directed the Ministry of Finance to develop a legal framework for banning or regulating virtual assets.

Market Infrastructure

ASIFMA Calls for More Enhancements to Wealth Connect Scheme

05/03/2024

ASIFMA calls for a further increase in the individual investment quota and a more extensive expansion to the list of eligible products.