Anti-Bribery & Corruption

APRA Investigating Super Fund Payments to Unions

04/06/2023

APRA chairman John Lonsdale told lawmakers the regulator has an “appetite to take enforcement” where it is needed.

Resolution & Recovery

Credit Suisse Bankers Sue FINMA Over Lost Bonuses

04/06/2023

Some Credit Suisse bankers had their bonus awards based on AT1 bonds, which were wiped out in the government-orchestrated rescue in March.

Anti-Money Laundering

NZ’s Ministry of Justice Releases Amended AML Regulations

01/06/2023

From 1 June 2024, new obligations will be imposed on reporting entities related to virtual asset transfers, deposits, withdrawals, and exchange.

AI Risk & Governance

Australia Seeks Public Views on Policy Response to AI

01/06/2023

The consultation will “help ensure Australia continues to support responsible AI practices to increase community trust and confidence,” the government said.

AI Risk & Governance

Leading Regtech Firms Announced as Winners at Pitch! Regtech

01/06/2023

Judges selected Aboitiz Data Innovation, HAWK:AI, Synpulse, and Rimm Sustainability as the winners at Regulation Asia’s inaugural Pitch! Regtech event.

Trading & Investment

Thai Bourse Launches New Trading System Using Nasdaq Tech

01/06/2023

The new trading system was launched by SET and TFEX along with new data distribution and market surveillance systems, using Nasdaq technology.

Reporting & Disclosures

Singapore to Consult Again on Green Taxonomy – Report

01/06/2023

MAS plans to issue a new consultation in the coming weeks to include additional criteria on coal phase-out in the taxonomy.

AI Risk & Governance

MAS to Enhance Generative AI Capabilities via Google Partnership

01/06/2023

The collaboration will enable MAS will develop its own generative AI capabilities and “inspire greater adoption” of the technology in the financial sector.

PEPs & Sanctions

OFAC Sanctions More Chinese Entities Over Fentanyl Epidemic

01/06/2023

The Chinese embassy in Mexico said the accusations are groundless and that China has been vigorously carrying out international anti-drug law enforcement cooperation