LATEST NEWS

ESG / Sustainability

Taiwan: TDCC Adds Moody’s ESG Assessments to ESG IR Platform

By Editors | 05/01/2023

The ESG IR platform provides free ESG information from domestic and foreign data providers for retail investors, institutional investors and issuers.

AML / KYC

Philippines Launches Cyber Safety Campaign for Financial Customers

By Editors | 05/01/2023

The BSP and banking industry associations launched a new campaign to improve to cyber hygiene among financial customers.

Market Infrastructure

RBI Working to Mitigate Risks from ESMA Decision on Indian CCPs

By Mark Johnston | 05/01/2023

The RBI said it is engaging with European regulators and discussing “alternate arrangements” to avert a market disruption that could result from ESMA’s derecognition of Indian CCPs.

ESG / Sustainability

ASIC Fines Another Listed Energy Firm for Alleged Greenwashing

By Editors | 05/01/2023

ASIC says Black Mountain Energy made misleading statements in three ASX announcements regarding a natural gas development project.

Crypto / Digital Assets

Singapore-Based Crypto Wallet BitKeep Suffers $8m Hack

By Editors | 05/01/2023

BitKeep said it is working to recover the stolen funds, some of which have already been frozen. Compensating victimised users is a top priority.

AML / KYC

NYDFS Ends Coinbase AML Probe With $100m Settlement

By Editors | 05/01/2023

The settlement includes a $50mn penalty and a commitment by Coinbase to invest a further $50mn in its compliance programme over the next two years.

Enforcement

FSC Korea Reorganises Capital Market Fraud Investigation Unit

By Editors | 05/01/2023

The change will improve the efficiency and expertise available for conducting investigations into capital market frauds, the FSC said.

Fintech / Regtech

CBIRC Approves Capital Raise by Ant’s Consumer Finance Unit

By Editors | 05/01/2023

The approval is being hailed as a “milestone” after Chinese regulators forced Ant Group to cancel its IPO in November 2020 and ordered it to restructure.

Sanctions

OFAC Issues Initial Price Cap Guidance for Russian Petroleum Products

By Editors | 05/01/2023

The new price cap on petroleum products is due to take effect on 5 February 2023, alongside an EU ban on seaborne imports of refined products originating from Russia.