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AML / KYC
Singapore’s Sheng Siong Tightens $TM Safeguards Over ML Concerns
By Nithya Subramanian | 27/06/2025
Four individuals have been arrested for allegedly exploiting the supermarket chain’s $TM system as part of a money laundering operation.
Uncategorised
APRA Releases Retirement Product Performance Data
By Editors | 27/06/2025
The published data provides insights into superannuation product performance, including fees and returns.
Enforcement
ICAC Charges Ex-HSBC Bankers with Bribery
By Sanday Chongo Kabange | 27/06/2025
The ICAC has charged former HSBC bank employees and intermediaries with bribery linked to opening accounts.
ESG / Sustainability
ICMA Principles Release Guidance on Sustainable Bonds for Nature
By Editors | 27/06/2025
A new practitioner’s guide and other updates aim to enhance transparency and standardisation in the sustainable bond market.
MAS to Consider Stronger Safeguards for Inter-bank Transfers
By Nithya Subramanian | 27/06/2025
Currently, with no built-in verification of recipient names, the onus is on the sender to ensure the accuracy of inter-bank transfers.
Securities / Derivatives
China Launches First Offshore Gold Vault in Hong Kong
By Manesh Samtani | 27/06/2025
The Shanghai Gold Exchange also listed its first gold contracts on its International Board that can be delivered in Hong Kong.
Capital / Liquidity
MAS Outlines Supervisory Expectations for VCCs
By Nithya Subramanian | 27/06/2025
A thematic review revealed gaps in custody arrangements, director appointments, fund management substance, and anti-money laundering controls.
ESG / Sustainability
SBF Suggests ISSB Climate Disclosure Deadline Extension
By Nithya Subramanian | 27/06/2025
It has recommended extending compliance deadline by one to two years and designate a central platform for digital reporting of climate-related disclosures.
Crypto / Digital Assets
FATF Calls on Jurisdictions to Bolster Efforts on Crypto Supervision
By Manesh Samtani | 27/06/2025
FATF issued its latest progress report on the implementation of AML/CFT measures for virtual assets and a best practice paper for Travel Rule implementation.
Market Infrastructure
HKMA, AIIB Agree to Support Emerging Asia Venture Capital
By Sanday Chongo Kabange | 27/06/2025
HKMA and AIIB will collaborate to invest in a portfolio of VC funds that prioritise green technology across emerging markets in Asia.
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