ESG / Sustainability

Tokyo Government to Pilot Green Hydrogen Auction-Based Trading

03/12/2024

TOCOM will assist in the design and execution of a pilot project to support the creation of a hydrogen exchange in Tokyo.

Big Picture

IOSCO Offers ‘Toolkits’ to Address Changing Nature of Exchange Models

03/12/2024

New report offers recommendations to help regulators improve supervision of exchanges, which are becoming increasingly global and venturing into non-traditional services.

Market Infrastructure

Australia Passes Bill to Overhaul RBA’s Governance Structure

03/12/2024

From 1 March 2025, the Reserve Bank of Australia will operate with two separate boards, a Monetary Policy Board and a Governance Board.

Japan FSA Proposes Amendments to Boost Startup Funding

03/12/2024

The FSA has proposed amendments to simplify disclosure requirements, increase fundraising limits, and provide more flexibility for investors and startups.

AML / KYC

Meta Tightens Ad Rules to Curb Financial Scams​ in Australia

02/12/2024

Meta will require financial advertisers to verify their AFSL numbers and disclose payer and beneficiary information

Australia Concludes Review of Credit Reporting Framework

02/12/2024

The review resulted in 37 recommendations, including the introduction of a separate licensing regime for credit reporting bodies to ensure accountability.

Fintech / Regtech

Australia Passes Law Introducing New Rules for BNPL Services

02/12/2024

BNPL providers must adhere to requirements under the the National Consumer Credit Protection Act. ASIC will be tasked with regulating the sector.

Fintech / Regtech

UK Launches AI Security Research Lab to Defend Against Cyber Threats

02/12/2024

The Lab will seek collaboration with the Five Eyes members to defend against the use of AI for malicious purposes, including attempts by Russia and North Korea.

Crypto / Digital Assets

Japan FSA Issues Warnings to Five Crypto Firms for Unregistered Operations

01/12/2024

The FSA issued warnings to Bitcastle, Bitget, Bybit, KuCoin, and MEXC, notifying them of non-compliance with Japanese law.