A fresh review of the Banking Code of Practice has been launched, covering information disclosure, customers’ finance management, and dispute handling.
April 20, 2022The response of corporates and investors to the invasion of Ukraine suggests both need to overhaul their due diligence processes.
April 6, 2022The framework would require intermediaries to identify their customers and their tax jurisdictions, and then report their aggregate transaction values annually.
March 28, 2022US bans more Russian trade. G7 pledges to close national-level loopholes that could enable sanctions evasion via crypto-assets, among other commitments.
March 14, 2022A draft work plan for the new Data Gaps Initiative, which seeks to improve the availability of data for policymaking, focuses on four topics including climate change.
March 1, 2022Finance Secretary Paul Chan announced measures to further reform Hong Kong's listing rules, promote the bond market, and introduce yuan share trading in the city.
February 24, 2022Investors and companies are urging the European Commission to adopt supply chain scrutiny rules “without further delay”.
February 11, 2022An increased use of stablecoins constitutes "one of the greatest points of vulnerability of the DeFi market" and a potential channel of risk transmission to the traditional financial markets.
January 22, 2022Government officials have been dispatched to China Evergrande Group to form a risk management committee to oversee risk management and strengthen internal controls.
December 7, 2021International tax reforms were approved by all the G20 leaders ahead of the COP26 summit on climate change in Glasgow which began on Monday.
November 2, 2021