LATEST NEWS

ESG / Sustainability

Bursa Malaysia Tops Asia in Gender Equality on Boards

By Mark Johnston | 14/12/2023

Bursa Malaysia has been ranked as Asia’s top exchange for gender equality in corporate boardrooms by the UN SSE and IFC.

AML / KYC

RBNZ Issues Formal AML/CFT Warning to Citibank

By Sanday Chongo Kabange | 14/12/2023

Citibank NZ failed to pass on the identities of the originators of 64,000 wire transfers between 2017 and 2022.

ESG / Sustainability

New Playbook to Develop Carbon Crediting Programmes

By Nithya Subramanian | 14/12/2023

The playbook will define the roles of national registries and crediting programme registries and detail how information should be exchanged.

Fintech / Regtech

China, Hong Kong Streamline Personal Data Sharing Across GBA

By Manesh Samtani | 14/12/2023

A standard contract will be piloted this month to allow personal data to be transferred within the GBA in a safe and orderly manner.

Sanctions

US and UK Announce New Round of Sanctions on Hamas Leadership

By Editors | 14/12/2023

The coordinated US and UK asset freezes and travel bans target Hamas leaders and financiers throughout the Middle East.

Market Infrastructure

Shenzhen, Abu Dhabi Agree to Cooperate on Capital Markets

By Manesh Samtani | 14/12/2023

The exchanges will explore cooperation on index and fixed-income products, ETF product interoperability, and depositary receipts.

Enforcement

Crypto Exchange Pays OFAC USD 1.2 Million to Settle Crimea Violations

By Editors | 14/12/2023

US-based CoinList Markets processed 989 transactions on behalf of users in the Crimea region in violation of OFAC sanctions regulations.

ESG / Sustainability

COP28 Nations Agree to ‘Transition Away’ from Fossil Fuels

By Editors | 14/12/2023

The agreement calls on countries to transition away from fossil fuels in energy systems and boost renewable energy capacity and energy efficiency.

Market Infrastructure

RBNZ Returns to Single Mandate, Renewing Focus on Inflation

By Editors | 14/12/2023

The RBNZ was tasked with a dual mandate in 2018, targeting both low inflation and full employment. “This change was a mistake,” said Finance Minister Nicola Willis.