Markets & Infrastructure

AI Risk & Governance

IOSCO to Develop Capacity Building Tool for Emerging Markets

By Editors | 09/03/2023

The so-called “MASI” tool will assist in self-assessments against the IOSCO core principles and facilitate comparisons against more developed regulatory frameworks.

Trading & Investment

ASIC Issues Stop Orders Against Interactive Brokers’ Securities Lending Product

By Editors | 09/03/2023

ASIC says Interactive Brokers inappropriately included investors in the target market that didn’t align with the features and risks of the product.

CBDCs

China CBDC App Integrates WeChat Pay as Payment Option

By Mark Johnston | 09/03/2023

PBOC’s e-CNY app aims to make digital currency more accessible, but adoption remains slow. The PBOC’s (People’s Bank of China) […]

Conduct, Culture & Accountability

EBA Calls for Action Against Banks Without Mandatory Diversity Policies

By Sanday Chongo Kabange | 09/03/2023

The EBA says competent authorities should take appropriate supervisory measures to ensure banks and investment firms comply with the EU’s mandatory diversity policy.

Reporting & Disclosures

Bursa Malaysia, LSEG to Launch Sustainability Reporting Platform

By Editors | 09/03/2023

At Invest Malaysia 2023, funding incentives for the Bursa Carbon Exchange were also announced, along with other initiatives to increase the vibrancy of the Malaysian capital market.

KYC & CDD

RBI Fines Amazon Pay’s India Unit for Breaching Local Norms

By Editors | 09/03/2023

Local reports say Amazon Pay as well as other fintech players are being penalised for delays in migrating to video-based KYC.

Cryptocurrency

Court Allows Binance.US to Buy Voyager Despite SEC Objection

By Editors | 09/03/2023

The court said the SEC’s objection was “vague”, that it failed to present any evidence, and that it should not have waited until the last minute to raise its concerns.

Cybersecurity

FIA to Form New Global Taskforce in Response to ION Outage

By Manesh Samtani | 08/03/2023

The taskforce will assess existing cyber protections, response protocols, and safeguards around third-party service providers.

Conduct, Culture & Accountability

BIS Paper Takes Stock of Individual Accountability Regimes

By Manesh Samtani | 08/03/2023

The paper introduces the concept of the “accountability stack”, which presents a broad range of regulatory instruments and supervisory tools that target individual accountability.