LATEST NEWS

Fintech / Regtech

Hong Kong’s Regulatory Landscape for Data and Technology Risk

By Albert Yuen | 09/01/2023

Albert Yuen and Jasmine Yung at Linklaters discuss Hong Kong’s regulatory approach to technology risk and data security.

AML / KYC

Korea FSS Offers Guidance for Auditors on Detecting Corporate Fraud

By Editors | 09/01/2023

The FSS produced the guidance by analysing three years of cases where fraud and embezzlement were detected by external auditors.

Securities / Derivatives

China Planning to Relax Borrowing Restrictions for Developers – Report

By Editors | 09/01/2023

Regulators are reportedly planning to ease borrowing caps on some property firms and extend the deadline for meeting debt targets set by the “three red lines” policy.

Crypto / Digital Assets

Indonesian Regulator Bappebti Seeks to Launch Crypto Exchange

By Editors | 09/01/2023

Bappebti is seeking to establish a new crypto exchange for Indonesian users before its regulatory powers over the sector are transferred to the OJK.

Crypto / Digital Assets

GDF Proposes Voluntary Standards for Global Cryptoasset Market

By Manesh Samtani | 09/01/2023

In designing the standards, the GDF has leveraged the framework and high-level principles existing in the FX Global Code.

ESG / Sustainability

India to Issue First Sovereign Green Bonds on 25 January

By Editors | 09/01/2023

There will be no limit on overseas investment in the $1.9bn sovereign green bond issuance. Five percent of the sale will be reserved for retail investors.

ESG / Sustainability

Hong Kong Raises $5.8b in Asia’s Largest Green Bond Issuance

By Editors | 09/01/2023

Hong Kong is the first government issuer in Asia to issue green bonds in three currencies concurrently, said Financial Secretary Paul Chan.

AML / KYC

AUSTRAC: Risk Assessments Must be Alive to Emerging Threats

By Bradley Maclean | 08/01/2023

Top official Brad Brown discusses AUSTRAC’s ongoing work to upgrade its reporting system and further advance Australia’s AML/CTF system.

HKMA Raises Bar on Banks’ Complaints Handling Protocols

By Editors | 08/01/2023

Banks are expected to proactively make use of alternate dispute resolution channels when complaints cannot be resolved through their internal mechanisms.