Markets & Infrastructure

Fraud, Scams & Cybercrime

SFC Issues New Alert on Suspicious Real Estate Investment Products

By Sanday Chongo Kabange | 10/01/2024

The SFC has warned the public to be wary of Kaplink 006 Limited and Kaplink 007 Limited, involving real property development projects in Australia.

Structural Regulation

Teething Issues: OTC Derivatives Reporting Rewrites in APAC

By Manesh Samtani | 10/01/2024

The more challenging aspects of implementation involve jurisdiction-specific data fields, the UTI waterfall, UTI generation, and ISO 20022.

Conduct, Culture & Accountability

IIA Releases New Global Internal Audit Standards

By Editors | 10/01/2024

The Standards will help elevate the quality of internal auditing and enhance the internal audit function’s role as a partner to boards and senior management.

Structural Regulation

Two New Digital Banks Approved for Launch in Malaysia

By Manesh Samtani | 10/01/2024

Boost Bank and AEON Bank received regulatory approval to begin digital banking operations. They were two of five applicants granted licences in 2022.

Credit Risk

Korea Expands Loan Switching Platform to Mortgage, Jeonse Loans

By Editors | 10/01/2024

The online loan transfer system was established last year to enable borrowers to easily switch credit loans to those offering better rates.

Cybersecurity

US SEC to Investigate False Tweet on Bitcoin ETF Approvals

By Mark Johnston | 09/01/2024

US SEC claims official X account was hacked, posting a false tweet about approving bitcoin ETFs, causing a brief surge and crash in bitcoin price.

Conduct, Culture & Accountability

Singapore FIDReC Proposes to Raise Adjudication Award Limit

By Editors | 09/01/2024

The adjudication award limit is set at SGD 100,000, however FIDReC says the number of claims exceeding this limit has risen in recent years.

Market Data & Technology

BSP Proceeds With Soft Launch of New ITRS System

By Editors | 09/01/2024

The soft launch of the new International Transaction Reporting System commenced as planned on 8 January. Full implementation is deferred from April to June.

Capital Adequacy

China Proposes Revised Rules for Financial Leasing Sector

By Editors | 09/01/2024

The NFRA added a new financial leverage indicator and new liquidity supervision indicators for financial leasing company evaluations.