Conduct, Culture & Accountability

CBIRC Punishes Staff for Violating Personal Investment Rules

15/02/2021

The regulator found that 429 individuals engaged in prohibited financial activity involving CNY 160 million and has taken action in 106 cases so far.

PEPs & Sanctions

RBI Limits Investment in NBFCs from FATF Non-compliant Jurisdictions

15/02/2021

Investors from black-listed or grey-listed FATF jurisdictions will not be allowed to acquire ‘significant influence’ in NBFCs, the RBI said.

Structural Regulation

ASIC Outlines Approach to Regulating Superannuation Trustees

14/02/2021

ASIC’s Jane Eccleston says trustees of non-public offer funds need to apply for an AFS licence or vary their existing licences by 30 April 2021.

Anti-Money Laundering

Australian Court Jails Car Wash Owner for Money Laundering

14/02/2021

The man used express cash deposit facilities at Perth bank branches to help launder more than A$5.6mn for an alleged criminal syndicate.

Sustainable Finance

IIF Offers Recommendations on Aligning Climate Finance Regulation

13/02/2021

The recommendations are aimed at promoting consensus and international alignment in sustainable finance policy and regulation.

Anti-Bribery & Corruption

China Instructs Deloitte to Investigate Alleged Auditing Violations

13/02/2021

Auditing violations alleged by a whistleblower include improper conduct by certain Deloitte staff members in performing the audits of five companies in 2016 and 2017.

Market Abuse

CSRC Strengthens Industry Controls to Prevent Insider Trading

13/02/2021

Listed companies are required to establish a system for the registration and management of individuals who possess inside information.

Cloud & Infrastructure

GLEIF Unveils Issuance, Infrastructure Models for Verifiable LEI

12/02/2021

The vLEI system will give legal entities the capacity to use non-repudiable identification data pertaining to their legal status, ownership structure and authorised representatives.

Conduct, Culture & Accountability

SEBI Penalises NSE, Former Officials in Colocation Case

12/02/2021

SEBI says NSE failed to ensure fair and equitable access by trading members subscribing to its tick-by-tick data feed system.