The new 'energy transition acceleration finance partnership' will help to mobilise capital to finance energy transition projects in Asia.
Morrison Foerster’s survey saw 53 per cent of respondents citing evolving regulatory regimes and unreliable data as obstacles for ESG investing.
The proof of concept includes an initial set of data fields, features, and functionality to solicit stakeholder insights that will inform future releases.
The Network for Greening the Financial System outlines principles for scaling up blended finance in climate projects across emerging markets.
MAS Establishes Energy Transition Acceleration Finance Partnership
December 6, 2023Singapore Launches New National AI Strategy
December 6, 2023FSC Korea Sanctions NH Futures Over Illegal FX Transactions
December 6, 2023Korean Law Firms File Complaint Against HSBC, BNP Paribas – Report
December 6, 2023Banque Pictet to Pay $123m to Settle US Tax Evasion Case
December 6, 2023NZBA Reports Strong Net Zero Progress at COP28
December 6, 2023US Treasury Announces “Counter-Fentanyl Strike Force”
December 6, 2023Evolving ESG Regulations Pose Challenges for Asian Funds
December 6, 2023US Government Offers Bounty for Russian National Accused of Sanctions Busting
December 6, 2023NZDPU Proof of Concept Launches, Feedback Sought
December 6, 2023Singapore Banks Cite Market, Operational Risks as Basel III Challenges
Nithya Subramanian, Regulation Asia December 5, 2023IOSCO Chair Calls for Coordinated Response to Crypto Challenges
Ranamita Chakraborty, Regulation Asia December 4, 2023Surge in Retail Investors Spurs Calls for Enhanced Derivatives Regulation
Nithya Subramanian, Regulation Asia November 30, 2023Inside ASIC’s Derivatives Reporting Rule Rewrite
August 14, 2023 Manesh Samtani, Regulation Asia
DTCC’s Val Wotton Discusses What You Need to Know About T+1 Settlement
October 16, 2023 Editors, Regulation Asia
Regulation Asia Awards for Excellence 2023 – Results Announcement
November 15, 2023 Editors, Regulation Asia
The Regulation Asia Podcast
April 30, 2023 Editors, Regulation Asia
Morrison Foerster’s survey saw 53 per cent of respondents citing evolving regulatory regimes and unreliable data as obstacles for ESG investing.
IOSCO describes the challenges of addressing greenwashing and provides an overview of initiatives undertaken in various jurisdictions to tackle this risk.
The Good Practices cover regulatory frameworks, primary market issuance, secondary market trading, and use and disclosure of use of carbon credits.
The FSC has suspended NH Futures’ foreign exchange operations from 4 December 2023 to 9 May 2024.
The complaint calls on Seoul prosecutors to swiftly investigate the banks' short-selling practices in cooperation with the FSS and Hong Kong authorities.
Banque Pictet helped US taxpayers to use coded accounts, foreign trusts and entities, nominee beneficiaries and other "deceits" to conceal their income and assets abroad.
ASIC found that some online trading providers unfairly influenced consumer decisions and made misleading disclosures during the Covid-19 pandemic.
China Citic Bank was fined CNY 225 million for 56 regulatory violations. Multiple other banks, asset managers, and insurers were also fined.
The penalty was imposed for failures related to fund management activities and account opening procedures.
Singapore will collaborate with industry AI product development teams, create focused AI training programmes, and accept AI talent from around the world.
The proof of concept includes an initial set of data fields, features, and functionality to solicit stakeholder insights that will inform future releases.
Tools are provided to help FIs identify critical services and manage third-party risks, and to help regulators supervise such risks.
Travellers from Thailand and Hong Kong can make retail payments by using their mobile banking apps to scan the Hong Kong and Thai QR codes displayed by merchants.
By integrating with CAD Trust, Bhutan guarantees the efficiency and transparency of its climate mitigation efforts, in line with Article 6 of the Paris Agreement.
The pilot programme allows participating banks to settle digital bonds and repo transactions against wholesale CBDC on a DvP basis.
Ashish is a banking professional with 23 years of techno-functional experience in Transformation, Digitization, Strategy, Data, Analytics, Business Process Re-engineering, Change and Risk Management across Wealth Management, Private Banking and Consumer Banking.
Bradley is Co-Founder at Regulation Asia, the leading regulatory news intelligence service for the financial sector in APAC. Bradley advises governmental and start-up projects, including several regulated digital assets, climate markets and payments entities.
Previously Bradley oversaw Strategy with SunGard Financial Systems (now FIS), heading up strategic, business planning and product development across Asia, Africa, Latin America and the Middle East. Prior to this, he was a management consultant focused on private equity and alternative assets. He has also been involved in several high-profile research programmes, including assisting the US Treasury Department in accessing the Troubled Asset Relief Program (TARP) instituted following the 2008 global financial crisis.
Bradley is a senior Financial Regulation and Risk Management research fellow with The Guangzhou-Nottingham Advanced Institute of Finance and the Guangzhou University of Finance’s Institute of Financial Employment.
Focused on the broader economic impact of financial regulation, he holds Master’s degrees in Finance, Quantitative Research and Law from New York University’s Stern School of Business, the Hong Kong University of Science and Technology, and the University of Melbourne. He is currently a doctoral candidate at the Swiss Business School in Zurich.
Parsa Khoshdel is an accomplished management consulting professional with more than 11 years of experience in private banking and financial services consulting.
He has extensive experience in driving large scale regulatory business transformation programs in collaboration with leading global financial institutions.
Parsa holds a Masters degree in Financial Engineering from National University of Singapore and is currently leading the PBWM Regulatory Compliance and Risk Management division for Synpulse in APAC.
Jane is a highly motivated and accomplished professional with over a decade of experience in the financial services sector. Beginning her career as a practicing lawyer in Malaysia, she later transitioned to the financial services industry where she assumed responsibility for overseeing regulatory compliance and risk management.
Prior to her current role at Charles Monat Associates, Jane served as the Head of Compliance at both AAM Advisory and St. James’s Place Singapore, where she established robust policies and standards that were successfully integrated throughout the organisations.
Throughout her career, Jane has worked closely with advisors and business stakeholders to ensure that clients can easily conduct business with the firm while maintaining compliance with all regulatory requirements.
Osvaldo is a Suitability & Wealth Management SME for NICE Actimize. Prior to joining NICE, he was a Financial Consultant with Fidelity Investments, where he helped retail and HNWI clients define their financial goals and provided them with financial planning concepts and solutions to meet those goals.
Before Fidelity, Osvaldo served around ten years at TIAA, working on the institutional side of the business for four years and the Wealth Management space for around six years. During his tenure at TIAA, he was a part of projects and pilots catering specifically to DOL and Suitability changes, including regulatory requirements and user interface.
Before joining TIAA, he was a Financial Advisor with Wells Fargo Advisors for two years, responsible for the Wealth Management offering out of 5 offices. Osvaldo began his career as a Financial Advisor at Bank of America / Merrill Lynch for around seven years, where he was responsible for running a Wealth Management practice across six offices.
Osvaldo has a bachelor’s degree in Finance from New Jersey City University. He also holds a Series 7, 63, 65, and Life & Health Producers licenses from the state of New Jersey.
Mr Ken Nagatsuka is the Executive Director and Head of Payments Department at the Monetary Authority of Singapore (MAS). The department is responsible for the authorisation, ongoing supervision and policy-making in relation to payment systems and payment service providers, such as e-money issuers, remittance providers and digital payment token (more commonly known as cryptocurrency) service providers under the Payments Services Act.
Prior to this, Mr Nagatsuka has worked in the field of capital markets regulation for over 15 years, and was previously Head of the Capital Markets Policy Division responsible for policy formulation and reviewing legislation in relation to capital markets and market infrastructures. In his role, he represented MAS on various international committees under the FSB, CPMI and IOSCO, on subjects such as OTC derivatives reforms and financial market infrastructures. Prior to that, he also served in various roles in exchange and clearing house supervisory functions.
Mr Nagatsuka holds both a Bachelor of Business Management and Bachelor of Science in Economics from the Singapore Management University.
Ari Redbord is Head of Legal and Government Affairs at TRM Labs, a blockchain analytics company. Prior to joining TRM Labs, he served as a Senior Advisor to the Deputy Secretary and the Under Secretary for Terrorism and Financial Intelligence at the United States Department of Treasury. In this capacity, he worked with teams from the Financial Crimes Enforcement Network (FinCEN), Office of Foreign Assets Control (OFAC), and other Treasury and interagency components on issues related to sanctions, the Bank Secrecy Act, cryptocurrency, and anti-money laundering strategies.
Previously, Mr. Redbord served as a Senior Assistant United States Attorney for the District of Columbia, where he investigated and prosecuted cases related to cryptocurrency, terrorist financing, sanctions evasion, export control, child exploitation and human trafficking. He has received numerous awards from FinCEN, the FBI, and the United States Attorney’s Office, including the Attorney General’s Award for leading an interagency task force dedicated to prosecuting those who abuse and exploit children.