International

Cybersecurity

APRA to Intensify Industry Scrutiny Following Medibank Hack

By Sanday Chongo Kabange | 29/11/2022

APRA to intensify supervision of all entities not meeting CPS 234. Medibank executive pay could be impacted.

Fraud, Scams & Cybercrime

Turkish Authorities Seize FTX Assets Amid Criminal Probe

By Editors | 29/11/2022

Turkish investigation found that FTX failed to safely store user funds, embezzled customer funds, and manipulated market supply and demand.

Sustainable Finance

COP27: What Lies Ahead for the Future of Climate Finance?

By Michael Sheren | 29/11/2022

MVGX President Michael Sheren discusses key takeaways from COP27 and the importance of regulation and high-integrity standards for carbon markets.

Cryptocurrency

Crypto Lender BlockFi Follows FTX Into Bankruptcy

By Editors | 29/11/2022

BlockFi said its liquidity crisis was due to its exposure to FTX as well as cryptocurrencies held on FTX’s platform that became trapped.

Cryptocurrency

VASPs Propose Measures to Improve Regulatory Mechanisms for Crypto

By Editors | 28/11/2022

The proposals include a mechanism to allow VASPs to discover one another, so as to better manage counterparty risk and enhance compliance requirements.

Fraud, Scams & Cybercrime

Authorities from Ten Countries Take Down Spoofing Website

By Editors | 28/11/2022

Europol says the website offered services that enabled fraudsters to impersonate companies including banks to access sensitive information from victims.

Sustainable Finance

ISDA Identifies Opportunities to Standardise SLD Terms

By Editors | 26/11/2022

ISDA describes sustainability-linked derivatives as typical derivatives transactions with an ESG add-on that affects payment flows.

Trading & Investment

Canada Study Shines Spotlight on How Gamification Influences Investors

By Mark Johnston | 25/11/2022

In the study, participants who were rewarded with points for buying and selling stocks made 39% more trades, even though the points had “negligible value.”

Fraud, Scams & Cybercrime

INTERPOL Operation Sees $129m in Crypto Assets Seized

By Editors | 25/11/2022

Operation Haechi III resulted in the arrest of 975 individuals and allowed investigators to resolve more than 1,600 fraud and scam cases.