Cryptocurrency

StanChart to Consider Offering Retail Crypto Services in Hong Kong

10/11/2022

CEO Bill Winters said Standard Chartered Bank will consider offering crypto trading services to Hong Kong retail customers.

Reporting & Disclosures

UN Panel, IOSCO Call for Action to Stop Greenwashing

10/11/2022

A UN expert group says companies claiming to be on a path to net zero cannot also be building or investing in new fossil fuel assets.

Payments & Settlements

BSP Proposes to Launch New Intraday Liquidity Facility

09/11/2022

Proposed rules governing the intraday liquidity facility are being circulated among banks and non-banks.

Tokenisation

HSBC to Launch Tokenisation Platform for Digital Bond Issuance

09/11/2022

HSBC said the European Investment Bank is exploring using the platform to issue the market’s first-ever GBP tokenised bond.

Cryptocurrency

Philippines: Union Bank Starts Offering Crypto Services

09/11/2022

Union Bank’s digital asset platform, developed by Swiss firm Metaco, went live last week, offering trading in bitcoin and ether.

Cryptocurrency

Binance Signs Non-Binding Agreement to Acquire Rival FTX

09/11/2022

The non-binding agreement comes amid a liquidity crunch at FTX, prompted by $6bn of withdrawals in the 72 hours before Tuesday morning.

Sustainable Finance

China Urges Private Investment Participation in National Projects

09/11/2022

The NDRC said it would improve the policy environment to stimulate private investment in major projects aligned with national strategies.

Anti-Money Laundering

New Zealand DIA Issues Warning to BNPL Provider Openpay

09/11/2022

Openpay failed to establish, implement, and maintain an AML/CFT programme and to adequately monitor accounts and transactions.

Conduct, Culture & Accountability

SFC Fines Asset Manager Over Discretionary Trading Controls

09/11/2022

Internal control failures were identified after a client complained that discretionary options trades fell outside the scope of the mandate.