ADVERTISEMENT
AML / KYC
FinCEN Issues Guidance on Detecting Foreign Public Corruption
By Editors | 17/04/2022
The advisory offers indicators to help FIs in preventing, detecting, and reporting suspicious transactions associated with kleptocracy and foreign public corruption.
Securities / Derivatives
US SEC Proposes Registration Requirement for Security-Based SEFs
By Mark Johnston | 16/04/2022
The rules will improve transparency over total return swaps, the instruments partly responsible for last year’s blowup at Archegos Capital Management.
Fintech / Regtech
Philippine SEC Welcomes New Measures to Combat Illegal Loan Apps
By Editors | 14/04/2022
Starting 11 May, the Google Play Store will introduce a new screening process for personal loan apps targeting users in the Philippines.
Crypto / Digital Assets
Nasdaq Publishes Guide on Global Crypto Regulation
By Editors | 14/04/2022
Nasdaq has published a summary of laws and regulations governing the trading of crypto assets around the world.
Fintech / Regtech
DTCC to Explore Use of CBDC in Clearing and Settlement
By Sanday Chongo Kabange | 14/04/2022
Project Lithium will explore how a CBDC can reduce counterparty risk and trapped liquidity, increase capital efficiency and enable atomic settlement.
AML / KYC
Man Jailed for Attempting to Help DPRK Evade Sanctions with Crypto
By Editors | 14/04/2022
The DOJ says known hacker Virgil Griffith was developing crypto infrastructure in North Korea and attempting to broker introductions to service providers to facilitate sanctions evasion.
Securities / Derivatives
CSRC Accelerates Work to Update Rules for Overseas Listings
By Darien Choong | 13/04/2022
To enable US regulators to participate in domestic on-site inspections, CSRC chairman Yi Huiman said China may need to become a signatory to IOSCO’s EMMoU.
ESG / Sustainability
Thai SEC Finalises Disclosure Guidelines for SRI Funds
By Editors | 12/04/2022
The guidelines will promote transparency, enable investors to make more informed decisions, and reduce the risk of greenwashing, the SEC says.
AML / KYC
Philippine NPO Sector Rated as Medium Risk for Terrorist Financing
By Sanday Chongo Kabange | 12/04/2022
The SEC warns that suspected or actual misuse of the NPO sector for terrorism financing can present serious ramifications for an NPO’s intended beneficiaries.
AML / KYC
New York Court Convicts Ex-Goldman Exec in 1MDB Case
By Editors | 11/04/2022
Following an eight-week trial, former Goldman Sachs managing director Roger Ng was convicted on charges of bribery and money laundering. He faces up to 30 years in prison.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.