United States

Fintech / Regtech

Don’t Delay the Inevitable: T+1 Settlement is Imminent

By Val Wotton | 09/10/2023

DTCC’s Val Wotton discusses what the US move to a shorter settlement cycle means for Asia and beyond.

Enforcement

US Court Orders Return of Ex-Goldman Banker Roger Ng to Malaysia

By Manesh Samtani | 07/10/2023

Roger Ng already has to serve ten years in a US prison, but he will first be transported back to Malaysia to face other 1MDB-related charges and help in the 1MDB probe.

ESG / Sustainability

US Treasury Principles Aim to Make Net Zero “the Norm”

By ESG Investor | 06/10/2023

Principles announced by Treasury Secretary Janet Yellen put emphasis on Scope 3 reporting from financial institutions and measurable targets.

Sanctions

OFAC Sanctions China-based Network for Fentanyl Production, Trafficking

By Editors | 04/10/2023

The DOJ unsealed indictments charging Chinese companies and their employees for illicit drug production, distribution, and sales of precursor chemicals.

ESG / Sustainability

Philippine SEC Consults on Revised Sustainability Reporting Guidelines

By Editors | 04/10/2023

Listed companies will be required to submit sustainability reports in two formats. Consultation is open until 16 October.

Market Infrastructure

HKEX Sets Launch Date for New Stock Connect Settlement Platform

By Editors | 04/10/2023

The settlement acceleration platform, known as HKEX Synapse, will launch on 9 October 2023 and improve post-trade efficiencies.

Enforcement

US Judge Denies SEC Permission to Appeal Ripple Ruling

By Editors | 04/10/2023

The July ruling found that programmatic sales of Ripple’s XRP digital token on public exchanges was not a breach of federal securities laws.

Capital / Liquidity

FDIC Proposes Enhanced Corporate Governance Guidelines for Banks

By Sanday Chongo Kabange | 04/10/2023

The guidelines will be applicable to insured depository institutions with consolidated assets of USD 10 billion or more.

Big Picture

Generative AI’s Growing Impact on Capital Markets

By Ranamita Chakraborty | 04/10/2023

Panellists at the ASIFMA Tech & Ops Conference discussed the key applications of generative AI in capital markets and strategies for addressing risks.