Markets & Infrastructure

Reporting & Disclosures

ASIC Takes Legal Action Against Active Super for Alleged Greenwashing

By Ranamita Chakraborty | 11/08/2023

Australian superannuation fund Active Super allegedly invested in coal, tobacco, and Russian entities despite claiming to be ethical and responsible.

Structural Regulation

New Zealand Set to Unveil Regulatory Framework for BNPL

By Editors | 11/08/2023

BNPL lenders will have to complete comprehensive credit reporting when customers sign up or increase their credit limit.

Structural Regulation

SEBI Streamlines Approval Process for Change in Control of Merchant Bankers

By Editors | 10/08/2023

SEBI has streamlined the procedure of obtaining prior approval for a proposed change in control of merchant bankers and bankers to an issue.

Fraud, Scams & Cybercrime

ASIC Sues Debt Management Firm for Causing Consumer Harm 

By Sanday Chongo Kabange | 10/08/2023

The debt management firm offered to help borrowers solve their financial burdens but instead caused them more harm, ASIC alleges.

Market Data & Technology

China Launches New Data Platform for Regional Equity Markets

By Editors | 10/08/2023

The platform enables market participants to gain a unified view of corporate data from China’s 30-plus regional equity markets.

Structural Regulation

SGX Updates Rules for Life Sciences Listings

By Ranamita Chakraborty | 10/08/2023

Singapore Exchange has clarified that companies seeking a mainboard listing through the life sciences framework do not need to be revenue-generating.

PEPs & Sanctions

UOB to Tighten Restrictions on Myanmar Business from 1 September

By Mark Johnston | 10/08/2023

UOB will restrict payments to and from Myanmar accounts, card transactions for Myanmar individuals and banks, and close Myanmar banks’ nostro accounts.

AI Risk & Governance

US Issues Executive Order to Further Limit Investment in Chinese Tech

By Editors | 10/08/2023

The order targets investments in advanced computer chips, microelectronics, quantum information technologies, and artificial intelligence.

Conduct, Culture & Accountability

UK FRC Consults on Strengthening Ethical Standards for Auditors

By ESG Investor | 10/08/2023

Proposed revisions seek to further enhance and clarify the principles of integrity, objectivity and independence auditors must abide by.