Fraud, Scams & Cybercrime

SG Police Issue Forgery Charges in Nickel Trading Fraud Case

30/04/2021

With the latest charges, Ng Yu Zhi now faces a total of 11 counts of cheating, fraudulent trading and forgery. He will return to court on 17 May.

Supervision & Enforcement

SEC Thailand Seeks Investigative, Prosecutorial Powers

29/04/2021

The SEC seeks powers to investigate and prosecute its own cases and speed up enforcement against capital market violations.

Credit Risk

CBIRC Orders Big Banks to Increase SME Loans by 30pc

29/04/2021

The CBIRC has asked China’s five largest banks to increase their inclusive loans to SMEs by over 30 percent for the year.

Climate Risk

RBI Joins Network for Greening the Financial System

29/04/2021

The RBI expects to benefit from the membership of NGFS by learning from and contributing to global efforts on green finance.

Conduct, Culture & Accountability

Malaysia SC Publishes Updated Corporate Governance Code

29/04/2021

The update focuses on selection and nomination processes for directors, including to address issues with board diversity and sustainability.

Supervision & Enforcement

China Government Probes Ant Group IPO Approval Process

29/04/2021

Ant Group founder Jack Ma and his relationships with state firms and local officials are also being examined as part of the government’s investigation.

Conduct, Culture & Accountability

RBI Issues New Rules for Senior Bank Executives, Board Members

29/04/2021

Banks will have until 1 October 2021 to comply with new rules capping the tenure of top executives at 15 years.

Fraud, Scams & Cybercrime

CBIRC Warns of Crackdown on Illegal Fundraising Activities

29/04/2021

New regulations on the prevention and handling of illegal fundraising activities come into effect from 1 May.

Trading & Investment

MAS Forms Industry Group to Develop Asset Management Sector

28/04/2021

The Singapore Funds Industry Group will bring together key players to formulate strategies to develop the asset management ecosystem.