Anti-Money Laundering

UK and Australia Illicit Financing Co-ordination Dialogue

27/07/2023

High-level dialogue between UK and Australia reaffirms commitment to combat illicit financing and corruption.

Structural Regulation

CSRC Warns Against Negative Portrayals of China in IPO Documents

27/07/2023

Markets regulator urges law firms to tone down China risk descriptions in IPO prospectuses for offshore listings.

Trading & Investment

HKEX, IDX Sign MoU to Explore Cross-Market Listings

26/07/2023

HKEX and IDX will look to collaborate on cross-border listings, joint product development and ESG initiatives.

Anti-Money Laundering

ESMA Withdraws Recognition Decisions for UAE CCPs

26/07/2023

The recognition decisions were withdrawn due to the UAE’s including in the EU’s AML blacklist.

Clearing & Post-Trade

SEBI Amends Rules to Enhance Corporate Bond Market Liquidity

26/07/2023

SEBI amends rules to boost corporate bond liquidity in the secondary market, streamline participation and enhance efficiency.

Operational Risk

ECB Consults on Risk Data Aggregation and Reporting Guide

26/07/2023

ECB seeks feedback on effective risk data aggregation and reporting practices to strengthen banks’ risk management capabilities.

Reporting & Disclosures

ASIC Lodges Court Action Against Vanguard for Alleged Greenwashing

26/07/2023

ASIC said Vanguard falsely claimed the index it used excluded issuers with significant business activities involving fossil fuels.

Anti-Money Laundering

Germany to Establish New Financial Intelligence Bureau

26/07/2023

The new Federal Bureau of Financial Intelligence will introduce a new investigations procedure and offer specialised AML training courses.

CBDCs

Westpac and CBA Pilot Test Digital Australian Dollar

25/07/2023

Westpac and CBA used a CBDC to execute trades with certificates of deposit. Imperium Markets hosted the trades on its marketplace.