LATEST NEWS

    ESG / Sustainability

    Taiwan: Five Financial Holding Companies Form Net Zero Alliance

    By Editors | 13/09/2022

    The five are Yuanta Financial Holdings,  Cathay Financial Holdings, First Financial Holding, E.Sun Financial Holding and CTBC Financial Holding.

    Fintech / Regtech

    BSP Approves Introduction of Regulatory Sandbox Framework

    By Editors | 13/09/2022

    The regulatory sandbox framework will enable the BSP to balance the perceived benefits of emerging technologies against the need to manage their risks.

    Crypto / Digital Assets

    Australian Federal Police Forms Cryptocurrency Unit

    By Editors | 13/09/2022

    The new unit will target assets and provide investigative tracing capabilities for all of the AFP’s commands across all of its businesses.

    Evergrande Works to Quell Mortgage Boycott Concerns

    By Sanday Chongo Kabange | 13/09/2022

    Construction on 38 pre-sold property projects will resume by the end of September. Work will accelerate on 62 other projects already restarted.

    AML / KYC

    FSDC Calls for Review of Hong Kong ‘Suitability’ Framework

    By Manesh Samtani | 13/09/2022

    The FSDC says Hong Kong’s suitability framework has grown too “complex” and the suitability obligations are “overly prescriptive”.

    Securities / Derivatives

    Moscow Exchange Reopens Equity Market to Foreign Investors

    By Editors | 13/09/2022

    The equity market is reopened for non-resident investors from “friendly jurisdictions” and non-residents controlled by Russian legal entities or individuals.

    ESG / Sustainability

    Glencore Facing Greenwashing Allegations in Australia

    By Editors | 13/09/2022

    A complaint from environmental lawyers calls on the ACCC and ASIC to investigate statements made by Glencore about its plans to reach net zero by 2050.

    ESG / Sustainability

    SGX RegCo to Further Enhance Corporate Governance Rules

    By Manesh Samtani | 13/09/2022

    SGX RegCo will consult on mandatory requirements for listed companies to disclose the dollar values of director and CEO remuneration.

    Market Infrastructure

    APRA Details Plans to Modernise Prudential Architecture

    By Editors | 13/09/2022

    APRA will modernise its guidance for banks, insurers and superannuation funds to make it easier to understand and comply with.

    AML / KYC

    AUSTRAC Launches AML Probe into Entain Group

    By Editors | 13/09/2022

    London-listed betting company Entain Group was also fined last month by the UK Gambling Commission for AML and social responsibility failures.

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