Markets & Infrastructure

PEPs & Sanctions

US to Remove Chinese Laser Sensor Maker from Blacklist

By Editors | 14/08/2024

The Department of Defence has reportedly decided to remove Hesai Technology Co Ltd from its blacklist of Chinese military-affiliated companies.

Custody & Infrastructure

DBS Pilots New Blockchain-Powered Treasury Management Platform

By Nithya Subramanian | 14/08/2024

DBS said Ant International will pilot the platform, reducing the time taken to settle cross-border intra-group transactions to seconds.

Conduct, Culture & Accountability

ASIC Commences Legal Action Against ASX Over Misleading Statements

By Sanday Chongo Kabange | 14/08/2024

ASIC alleges that ASX’s claims in February 2022 that the CHESS replacement project was tracking to plan were “misleading and deceptive”.

Market Abuse

SEBI Denies Allegations of Conflict of Interest in Adani Probe

By Ajoy K Das | 14/08/2024

Hindenburg Research said SEBI has slow-walked a probe into the Adani Group because of its links to the regulator’s chairperson.

Structural Regulation

MAS Publishes Compliance Toolkits for LFMCs and VCF Managers

By Nithya Subramanian | 14/08/2024

The compliance toolkits offer fund managers guidance on approvals, notifications and other regulatory submissions.

Supervision & Enforcement

Korea FSS Issues Warning to Hanwha Investment & Securities

By Nithya Subramanian | 13/08/2024

Hanwha Investment & Securities allegedly concealed the findings of a 2018 internal audit that found forged balance statements.

Liquidity Risk

Korea Starts Supplying Liquidity to Firms Hit By E-Commerce Crisis

By Mark Johnston | 12/08/2024

A series of reforms are also planned to prevent a recurrence of the liquidity crisis at e-commerce platforms TMON and WeMakePrice.

Payments & Settlements

India NPCI Signs MoU to Introduce UPI to Maldives

By Ajoy K Das | 12/08/2024

A key component of the agreement is ensuring payment system interoperability to enable cross-border transactions and strengthen global connectivity for Maldives.

Structural Regulation

Taiwan FSC Launches New Policy Communication Platform

By Nithya Subramanian | 12/08/2024

The platform will be used to promote open discussions on regulatory issues in the financial industry to enhance Taiwan’s global competitiveness.