ADVERTISEMENT
Enforcement
US SEC Fines Goldman Unit For Not Following ESG Policies
By Editors | 24/11/2022
Goldman Sachs Asset Management had policies and procedures failures involving the ESG research its investment teams used to select and monitor securities.
Fintech / Regtech
IMF Shines Spotlight on Benefits of Instant Payments
By Sanday Chongo Kabange | 24/11/2022
The IMF says demand attributes and benefits offered by instant payments may make CBDC less compelling if issued.
Fintech / Regtech
Thailand Eases Rules for FX Business Operators
By Sanday Chongo Kabange | 23/11/2022
The new rules will help promote innovation by foreign exchange service providers while also reducing the operational burden associated with licensing.
Crypto / Digital Assets
Korea Prosecutors Seize $104m from Terra Co-founder
By Editors | 23/11/2022
Prosecutors seized and froze USD 104.4 million in assets belonging to Daniel Shin, representing profits from the sale of pre-issued LUNA tokens to investors.
Press Release
Adenza Recognised for Liquidity Modelling & Stress Testing Solution
By Editors | 23/11/2022
Adenza, was awarded best solution in capital/liquidity modelling & stresstesting at Regulation Asia’s 5th annual awards ceremony.
Press Release
VPBank, Oracle Recognised for Outstanding AML Programme Implementation
By Editors | 23/11/2022
VP Bank and Oracle Financial Services, who were recognises for the implementation of a comprehensive AML programme at VPBank, the first of its kind in Vietnam.
Enforcement
PBOC Readying $1bn Fine Against Ant Group – Report
By Editors | 23/11/2022
The fine is likely to focus on Ant’s alleged violations relating to a “disorderly expansion of capital” and the corresponding financial risks.
Big Picture
ASIFMA Offers Recommendations for Korean Capital Markets
By Manesh Samtani | 23/11/2022
ASIFMA offers three recommendations to further strengthen Korea’s capital markets and improve access for global institutional investors.
Fintech / Regtech
ASIC Releases API for Reportable Situations Submissions
By Manesh Samtani | 23/11/2022
The API provides a machine-to-machine interface solution to submit notifications about reportable situations, removing the need to manually input information into ASIC’s form.
Korea to Boost Credit Availability for Low-credit Borrowers
By Sanday Chongo Kabange | 23/11/2022
The FSC will lower the regulatory burden on lenders so they can expand the supply of credit to lower income and low-credit borrowers.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team