ADVERTISEMENT
Securities / Derivatives
WFE Sheds Light on Effectiveness of Circuit Breakers
By Editors | 26/05/2022
The study shows that the circuit breakers triggered during the March 2020 volatility contributed to alleviating financial market pressures.
Crypto / Digital Assets
US Banks Lobby Against Possible Issuance of CBDC
By Editors | 26/05/2022
The American Bankers Association says a CBDC would risk moving 71% of bank deposits to the Fed and undermine the financial system.
AML / KYC
Glencore to Pay $1.5b to Settle Bribery & Manipulation Probes
By Manesh Samtani | 26/05/2022
The civil and criminal penalties and forfeitures will resolve a decade-long scheme to bribe foreign officials in seven countries and an oil price manipulation conspiracy.
Securities / Derivatives
‘Significant Issues’ Remain on US-China Audit Deal
By Editors | 26/05/2022
The SEC’s YJ Fischer confirmed that progress has been made in talks with Chinese regulators, but warned that time was “quickly running out”.
ESG / Sustainability
ESG Explainer: SEC Lays Its Cards on the Table
By ESG Investor | 25/05/2022
Despite high levels of investor support, proposed rules on climate-related disclosures have prompted questions of regulatory over-reach.
Capital / Liquidity
How Canada’s Big Banks Used Their War Chests During the Pandemic
By Lalinda Sugathadasa | 25/05/2022
Lalinda Sugathadasa analyses the approach Canadian regulators and D-SIBs adopted during the pandemic to remain profitable despite a build-up of excess capital.
ESG / Sustainability
US SEC Fines BNY Mellon Unit for ESG Misstatements
By Editors | 25/05/2022
BNY Mellon Investment Adviser stated in documents that all investments in its funds had undergone an ESG quality review, but that this was not always the case.
Market Infrastructure
ARRC Endorses 12 Month Term SOFR for Legacy LIBOR Loans
By Manesh Samtani | 24/05/2022
ARRC approved the CME 12-month Term SOFR rate for legacy LIBOR consumer products and trade and receivables finance.
AML / KYC
US SEC Fines Wells Fargo Advisors $7m for AML Failures
By Editors | 24/05/2022
Wells Fargo Advisors was fined for failing to timely file 34 SARs. This is the second BSA action against the firm in the last five years.
Enforcement
US SEC Probes Use of Text Messaging by Major Banks
By Editors | 23/05/2022
The probe is reportedly aimed at gauging how pervasive the use of unauthorised messaging platforms is for business-related messages.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.