LATEST NEWS

Securities / Derivatives

SGX Issues New Standards for Virtual/Hybrid General Meetings

By Editors | 25/11/2022

The standards cover the functional capabilities, availability levels, and recovery provisions of systems that enable issuers to hold virtual and hybrid general meetings.

ESG / Sustainability

HKEX Carbon Marketplace ‘Well Received’ by Market

By Editors | 24/11/2022

In the four weeks since its launch, Core Climate has recorded more than 40 trades, representing around 400,000 tonnes of carbon credits.

Securities / Derivatives

FCA Warns Against Gamification in Stock Trading Apps

By Mark Johnston | 24/11/2022

The proportion of stock trading app users with at-risk gambling behaviours was more prevalent for apps with certain game-like elements.

Fintech / Regtech

DBS Completes First Intraday Repo Trade on JPM Blockchain Network

By Editors | 24/11/2022

DBS said it is the first Asian bank to complete an intraday repo transaction using the Onyx network, created by JP Morgan in 2020.

ESG / Sustainability

Mandatory Climate Disclosures for Swiss Firms From 2024

By ESG Investor | 24/11/2022

Switzerland’s Federated Council has opted to adopt an ordinance on mandatory climate disclosures for large Swiss companies.

AML / KYC

AUSTRAC Directs ING Australian Units to Uplift AML/CTF

By Editors | 24/11/2022

Two ING entities are required to improve their AML/CTF programmes, ML/TF risk assessment, IFTI and SMR reporting, and transaction monitoring.

Securities / Derivatives

BSEC Extends Dividend Restrictions to More Companies

By Editors | 24/11/2022

The restrictions on stock dividends will cover companies listed on the SME platform, OTC Market, and Alternative Trading Board.

Market Infrastructure

ESMA to Simplify Cash Penalties Process Under CSDR

By Editors | 24/11/2022

The amendments simplify the cash penalties process by putting CSDs in charge of collection and distribution, including for CCP-cleared transactions.

Fintech / Regtech

ZA Bank, Wise Partner to Offer International Remittances

By Manesh Samtani | 24/11/2022

ZA Bank will offer a “hassle-free service to users, without worrying about any foreign exchange markup, hidden charges and transfer progress.”