Sustainable Finance

Bank of Singapore Adopts Stewardship Principles for Responsible Investors

12/01/2023

Bank of Singapore has become the first private bank to adopt the Singapore Stewardship Principles for Responsible Investors.

Sustainable Finance

Carbon Markets Crucial to Net Zero Goals – HKEX Chair

12/01/2023

Some obstacles and a lack of trusted marketplaces have stood in the way of wider adoption of carbon markets, says HKEX chair Laura Cha.

Conduct, Culture & Accountability

ACCC to Scrutinise Interest Rates Offered on Savings Accounts

12/01/2023

Treasurer Jim Chalmers fears savings rates do not fully reflect changes to the cash rate, which has recently risen for an eighth consecutive month to 3.1 percent.

Trading & Investment

ZCE Opens More Futures, Options to Foreign Investors

12/01/2023

Zhengzhou Commodity Exchange opens futures and options in rapeseed oil, rapeseed meal, and peanut kernel to foreign investors.

Trading & Investment

EU Considers Ban on Inducements for Selling Retail Investment Products

11/01/2023

A ban on banks paying inducements to distributors, brokers and investment advisors would fundamentally change banking business models.

Anti-Money Laundering

Korean Authorities Investigate Bithumb for Possible Tax Evasion

11/01/2023

Tax authorities raided Bithumb’s headquarters in Seoul on Tuesday. Two of its former chairmen have also been the subject of separate probes.

Anti-Money Laundering

UK FCA Fines Nigeria’s Guaranty Trust Bank for AML Weaknesses

11/01/2023

The FCA said the bank’s behaviour mirrored previous misconduct, for which it was also fined in 2013 and had restrictions imposed in 2018.

Sustainable Finance

Thai SEC Signs New Financial Services MoU with UK

11/01/2023

The MoU will focus on developing the FinTech sector, promoting sustainable finance, and increasing awareness of sustainable investment in Thailand and other ASEAN countries.

Trading & Investment

SET, TFEX Make Rule Changes to Support New Trading System

11/01/2023

The new trading system, developed in partnership with Nasdaq, will boost order execution efficiency and increase capacity for large volume trading.