Anti-Bribery & Corruption

UK Police Arrest Chinese Tycoon on US Bribery Charges

14/12/2022

The co-chairman of Chinese real estate firm Guangzhou R&F Properties is accused of paying bribes to San Francisco authorities from 2015 through 2020.

Trading & Investment

HKEX Releases Details on Proposed Dual Counter Model

14/12/2022

Market makers and liquidity providers for the dual counter model will be onboarded starting in the first half of 2023.

Sustainable Finance

ISDA Launches Standard Definitions for Voluntary Carbon Markets

14/12/2022

The new documentation will bring greater legal certainty and consistency to trading in verified carbon credits, ISDA says.

Sustainable Finance

Hong Kong Launches Green Finance Training Subsidy Programme

14/12/2022

Eligible programmes include courses offered provided by Friends of the Earth HK, GARP, HKIB, ICMA, HKGFA, and CFA Institute, among others.

Capital Adequacy

APRA Consults on New Quarterly Statistical Publication

14/12/2022

APRA proposes to bring forward the publication frequency of four metrics to be on a quarterly basis for inclusion in the initial publication.

Market Abuse

US Court Convicts Another JPM Trader on Spoofing Charges

13/12/2022

Former precious metals trader faces up to 30 years in prison for placing deceptive orders intended in COMEX gold and silver futures.

Anti-Money Laundering

UK FCA Fines Santander for “Persistent Gaps” in AML Controls

13/12/2022

The FCA said Santander did not manage business banking accounts correctly and did not promptly deal with automated monitoring alerts.

Climate Risk

Vanguard Withdraws from NZAM Alliance Amid Political Pressure

13/12/2022

The move came a day after a senate committee report was released highlighting the outsized influence of the “Big Three” asset managers towards ESG.

Cryptocurrency

US SEC Directs Issuers to Detail Exposures to Crypto and Related Impacts

13/12/2022

Separately, US senators asked banking regulators to provide details on banks that have engaged in crypto-related services.