ADVERTISEMENT
Cloud & Infrastructure
Singapore Launches New Utility to Tackle Supply Chain, Trade Issues
By Manesh Samtani | 02/06/2022
Over 70 participants have signed on to use SGTraDex – including DBS, OCBC, Standard Chartered, UOB, Trafigura, ExxonMobil and Chevron.
Fraud, Scams & Cybercrime
More Chinese Firms Fall Under India Probe for ‘Irregularities’
By Editors | 02/06/2022
The MCA says it has received information that indicates potential violations including fraud by Chinese companies operating in India.
Fraud, Scams & Cybercrime
Malaysia SC Offers Guidance on Detecting Fake Investment Firms
By Editors | 01/06/2022
In one case, approximately $821,000 flowed through one mule bank account controlled by scam operators within a period of six months.
Cybersecurity
Thailand to Set Up New Sandbox for Testing of Corporate NDID
By Editors | 01/06/2022
The BOT is planning to also introduce sandboxes in the virtual banking and digital assets space, the relevant regulations are in place.
PEPs & Sanctions
EU Leaders Agree to Ban 90pc of Russian Oil by Year-end
By Manesh Samtani | 01/06/2022
The EU’s sixth package of sanctions will also include the removal of three more banks from the SWIFT network and asset freezes against more Russian individuals.
Reporting & Disclosures
German Prosecutors Raid DWS Offices Over ESG Claims
By Editors | 01/06/2022
“Sufficient factual evidence” has emerged that ESG factors were not taken into account in many investments, contrary to claims made in DWS fund prospectuses.
Market Abuse
US SEC Penalises Online Broker Over Meme Stock Restrictions
By Mark Johnston | 01/06/2022
In January 2021, TradeZero America halted trading in three meme stocks for about 10 minutes, but later told investors it had resisted instructions from its clearing broker to do so.
Anti-Money Laundering
FATF Re-rates New Zealand for Progress on UBO Transparency
By Editors | 31/05/2022
The FATF says New Zealand was re-rated on Recommendation 25 due to new requirements for trusts coming into force.
Anti-Money Laundering
Bangladesh to Introduce Amnesty Scheme for Laundered Money
By Editors | 31/05/2022
The Bangladesh government plans to allow laundered funds to be repatriated without penalty to boost its foreign exchange reserves.
Conduct, Culture & Accountability
India: AMFI Directs Fund Managers to End Remote Work Arrangements
By Editors | 31/05/2022
AMFI’s advisory asks fund managers to end flexibilities that allowed employees to work from their homes by 10 June 2022.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.