ADVERTISEMENT
Fraud, Scams & Cybercrime
BSP Sanctions BDO, UBP Over Unauthorised Bank Transfers
By Editors | 04/05/2022
The BSP said it has completed its investigation into the incident and sanctioned both BDO Unibank and UBP, but it did not specify the penalties.
Payments & Settlements
US, Europe to Pilot Real-time Cross-border Payments This Year
By Editors | 03/05/2022
The IXB pilot service will initially support instant payments in the USD-EUR corridor, with a full-service offering expected in 2023.
Structural Regulation
China, US Discuss Logistics of Cross-border Audit Inspections
By Editors | 03/05/2022
Regulators are discussing the logistical and operational details for a new mechanism that will enable the PCAOB to visit China for audit inspections.
Anti-Money Laundering
US OCC Orders Digital Assets Bank to Address AML Failings
By Sanday Chongo Kabange | 30/04/2022
Deficiencies were found at Anchorage Digital Bank, the US’ first federally chartered bank authorised to provide institutional custody services for crypto.
Conduct, Culture & Accountability
Philippine SEC Implores Listed Firms to Improve Board Diversity
By Editors | 29/04/2022
The SEC said having women represented on the board is a good corporate governance practice and more listed companies should strive to achieve greater boardroom diversity.
Reporting & Disclosures
US SEC Charges Brazil’s Vale for “Misleading” ESG Disclosures
By ESG Investor | 28/04/2022
Brazilian mining firm Vale regularly misled local governments, communities, and investors about the safety of its Brumadinho dam through its ESG disclosures.
Market Abuse
US Authorities File Charges Against Archegos, Key Executives
By Manesh Samtani | 28/04/2022
The DOJ, CFTC and SEC charged Archegos and four of its executives for defrauding banks and brokers and manipulating the prices of publicly traded securities.
Reporting & Disclosures
ISSB Forms Working Group to Prevent Jurisdictional Fragmentation
By Editors | 28/04/2022
The working group will seek to align work being done across jurisdictions to set standards in the field of sustainability-related financial disclosures.
Structural Regulation
CSRC Vice Chair ‘Hopeful’ on US-China Audit Supervision
By Darien Choong | 26/04/2022
CSRC vice chair Fang Xinhai said he is “very hopeful” that an agreement can be reached with US regulators in the “near future”.
PEPs & Sanctions
Australia Sanctions More Russian Lawmakers, US Blocks Port Access
By Editors | 26/04/2022
Australia has now sanctioned nearly 750 individuals and entities in response to the war in Ukraine. Russian-affiliated vessels are prohibited from entering US ports.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.