Data Privacy

Australia Consults on CDR Expansion to Non-bank Lenders

30/08/2023

The Consumer Data Right regime will apply to the non-bank lending sector in stages, starting from 1 November 2024.

Cryptocurrency

US Court Orders SEC to Review Grayscale Bitcoin ETF Application

30/08/2023

The court said the SEC failed to adequately explain why it approved the listing of bitcoin futures ETPs but not Grayscale’s proposed spot bitcoin ETF.

Sustainable Finance

Carbon Credit Registry Launches in Singapore, Hong Kong

30/08/2023

The new carbon credit registry, launched by Singapore-based Asia Carbon Institute, is among the first for Asia.

Fraud, Scams & Cybercrime

Indian Banks Working on New Industry Platform to Combat Fraud – Report

30/08/2023

The platform will enable banks to share real-time information that can be used to stop digital fraud and trace the funds.

Reporting & Disclosures

Verra Releases Version 4.5 of the VCS Standard

30/08/2023

The changes to the Verified Carbon Standard Programme strengthen its usability, transparency, integrity, and alignment with other carbon markets initiatives.

Anti-Bribery & Corruption

Malaysia Freezes Bank Accounts, Makes Arrests in Bribery Probe

30/08/2023

The probe involves more than MYR 6 million in bribes allegedly paid to prominent figures and political leaders by a gambling company.

Structural Regulation

SEBI Proposes to Increase Flexibility of New Social Stock Exchanges

30/08/2023

SEBI proposes to reduce the minimum issue size and the minimum application size to facilitate more fund-raising for NPOs.

Conduct, Culture & Accountability

CFTC Fines Goldman Sachs for Missing Audio Recordings

30/08/2023

Goldman’s vendor service for recording mobile calls failed during the pandemic. Commissioner Caroline Pham said the penalty is unfair.

Resolution & Recovery

US Proposes New Resolution Planning, Debt Rules for Banks

30/08/2023

Large banks would have to raise their long-term debt issuance by an estimated $70bn and issue more detailed resolution plans.