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Asset managers are required to set one sustainability goal and explain how their investments help achieve that goal.

Chinese authorities will step up supervision of companies that list overseas to improve regulation of cross-border data flows and security.

Engagement with FIs regarding LIBOR transition planning has not yet started or had only just started in six FSB jurisdictions.

HKEX will proceed with the development of FINI for handling all Hong Kong IPOs, initially adopting a T+2 settlement cycle.

Slow implementation of travel rule requirements is acting as a disincentive to VASPs to invest in the necessary technology and compliance infrastructure.

An AML risk information sharing platform in trial operation in China allows FIs to check whether a customer is labelled high risk by other FIs without any customer data being exchanged.

Government risk sharing and lower-cost funding will keep borrowing costs low for local enterprises as they recover and adapt to the new normal, MAS said.

MAS is conducting stress tests on local banks to assess whether it is necessary to extend existing restrictions on dividend payments.

While the use of innovative AML/CFT technologies can help identify risks and focus compliance efforts, manual review and human input remain "very important".

The SFC is implementing a number of projects that seek to leverage new technologies to enhance risk detection and workflow efficiency.