Market Infrastructure

MAS Forms Review Group to Boost Singapore’s Equities Market

05/08/2024

The review group will propose measures to attract more listings, review regulatory frameworks, and improve market liquidity.

Enforcement

Singapore Recovers $40 Million in Email Scam Bust

05/08/2024

Collaboration between the SPF, Timor-Leste authorities and INTERPOL led to the largest business email compromise scam recovery.

Crypto / Digital Assets

ESMA Addresses Risk of MiCA Breaches by Global Crypto Firms

02/08/2024

ESMA issued an Opinion to help crypto firms avoid breaching MiCA regulations when doing business via overseas partners.

Enforcement

Amendments to MSB Law Take Effect in Malaysia

02/08/2024

The amendments strengthen BNM’s ability to take enforcement action against unauthorised money services business activities.

Enforcement

MAS Reprimands Asset Manager, Bans CEO for Two Years

01/08/2024

MAS has also declined the RFMC’s application to upgrade to an LFMC. Effective 1 August, it cannot undertake fund management activities in Singapore.

Securities / Derivatives

New Micro TAIEX Futures Commence Trading in Taiwan

31/07/2024

TAIEFX said the addition of Micro TAIEX Futures to the exchange’s product line-up offers traders greater flexibility and accessibility.

Capital / Liquidity

Korea Works to Address Liquidity Crisis at E-commerce Platforms

31/07/2024

The FSC announced a KRW 560 billion rescue package to support vendors impacted by a liquidity crisis at two e-commerce platforms.

Enforcement

MAS Reprimands RVP One & CEO for Regulatory Breaches

31/07/2024

The RFMC failed to submit information about its financial returns and notify MAS of changes to its shareholding structure, MAS said.

AML / KYC

US Treasury Launches Amazon Initiative to Combat Nature Crimes

30/07/2024

The initiative will enable authorities in Amazon Basin countries to pursue money laundering investigations against illicit actors involved in nature crimes.