Anti-Bribery & Corruption

Bursa Malaysia to Add Anti-Corruption Measures to LEAP Market Rules

09/03/2020

Bursa Malaysia seeks feedback on whether the requirements for LEAP Market companies to implement anti-corruption and whistle-blowing measures should be principle-based or prescriptive.

Reporting & Disclosures

FCA Proposes ‘Comply or Explain’ Approach to Climate Disclosures

08/03/2020

The FCA proposes to require companies with a UK premium listing to either make climate-related disclosures consistent with the TCFD recommendations, or explain their non-compliance.

Reporting & Disclosures

Hong Kong Bourse Publishes Updated ESG Reporting Guidance

08/03/2020

The additional guidance follows a December decision to make certain ESG disclosures mandatory, effective for financial years commencing on or after 1 July 2020.

Anti-Money Laundering

Philippine Lawmakers Warned of Urgent Need to Pass AML Reforms

08/03/2020

The AMLC has urged lawmakers to quickly pass legislative amendments to address AML/CTF deficiencies to avoid being grey- or black-listed by the FATF.

KYC & CDD

FATF Issues Guidance Paper on Digital Identity Systems

07/03/2020

The guidance recommends a risk-based approach which relies on a set of assurance frameworks and technical standards for digital ID systems.

Trading & Investment

SEBI Proposes New Service to Simplify Shareholder E-Voting

06/03/2020

SEBI proposes to enable access to multiple e-voting service providers through a single login and authentication at the depository level.

Resolution & Recovery

UPDATED – RBI Seizes Control of Troubled Lender Yes Bank

06/03/2020

The RBI says it had “no alternative” to protect the interests of the public and depositors, given the absence of a credible revival plan. A draft plan for Yes Bank’s reconstruction is open for comment.

Trading & Investment

HKMA Sets Out Expectations on Algo-Trading Risk Management

06/03/2020

During thematic examinations last year, the HKMA observed a number of sound practices used by some institutions to manage the risks associated with algorithmic trading.

Sustainable Finance

IIF Calls for Global Alignment of Sustainability Efforts

06/03/2020

The IIF paper says fragmentation around climate risk assessment has emerged in the areas of prudential regulation and supervision, market and conduct regulation, taxonomy and disclosure.