LATEST NEWS

    ESG / Sustainability

    Fitch Flags Growing Pains for Sustainability-linked Bonds

    By ESG Investor | 01/10/2022

    Remedies needed to address misaligned incentives and lack of comparability in booming market, says ratings agency.

    Market Infrastructure

    New Zealand Consults on Regulations to Support CoFi Regime

    By Editors | 01/10/2022

    Two consultations have been issued, including an exposure draft on regulations defining prohibited volume-based sales incentives.

    AML / KYC

    UK FCA Grants Revolut Approval to Offer Crypto Services

    By Editors | 01/10/2022

    Revolut was allowed to remain on a temporary register after a March deadline for approvals until its application was fully processed.

    PBOC Launches Relending Facility for Equipment Upgrades

    By Editors | 30/09/2022

    The re-lending facility will provide low-cost funding for loans issued to support equipment upgrades, digital transformation and renovations by businesses.

    ESG / Sustainability

    Australian Investors Demand Further Climate Reforms

    By ESG Investor | 30/09/2022

    The Investor Group on Climate Change has outlined “high priority policies“ needed to “unlock capital” for Australia’s net zero transition.

    ESG / Sustainability

    NZAOA Issues Call to Action on Blended Finance

    By ESG Investor | 30/09/2022

    The UN-convened Net Zero Asset Owners Alliance has called on policymakers to facilitate the scaling of blended finance structures to fund climate solutions.

    Securities / Derivatives

    SEBI Issues New Rules for Ratings of Credit-enhanced Securities

    By Editors | 30/09/2022

    The rules require CRAs to make certain disclosures and conduct independent due diligence on the nature of support provided by an external or third party.

    Enforcement

    Japan SESC Seeks Penalty Order Against SMBC Nikko Securities

    By Editors | 30/09/2022

    The SESC has recommended that the FSA punish SMBC Nikko Securities for stock price manipulation and shortfalls in its trading surveillance system.

    Crypto / Digital Assets

    Thai SEC Takes Legal Action Against Wash Trading in Crypto

    By Sanday Chongo Kabange | 30/09/2022

    The prosecution is required because the defendants, including two entities and three individuals, did not agree to the penalties prescribed by the SEC.

    AML / KYC

    FinCEN Issues Final Rule for Beneficial Ownership Reporting

    By Editors | 30/09/2022

    The rule is effective from 1 January 2024. Existing companies will have one year to report information about their beneficial owners to FinCEN.

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