Governance, Risk & Compliance OPINION: Cryptocurrency and exchanges – law enforcement changes are needed now July 6, 2022 In the traditional banking world, organisations or individuals will find themselves subject to criminal sanction if they advertise, or provide advice to consumers about, investments or securities without a regulatory… Read more
Governance, Risk & Compliance OPINION: Cryptocurrency and exchanges – law enforcement changes are needed now June 9, 2022 In the traditional banking world, organisations or individuals will find themselves subject to criminal sanction if they advertise, or provide advice to consumers about, investments or securities without a regulatory… Read more
Governance, Risk & Compliance IMPACT ANALYSIS: Big compliance challenges ahead in Asia — resources and regulatory overload June 6, 2022 Compliance professionals indicated in a Regulatory Intelligence poll recently that their organisations are finding it increasingly hard to attract and retain suitably qualified staff. This shortage of skilled, experienced compliance… Read more
Governance, Risk & Compliance IMPACT ANALYSIS: Singapore’s innovative approach to regulating crypto-assets June 6, 2022 The collapse of stablecoin TerraUSD has underlined the need for regulators in the Asia-Pacific region to devise a streamlined approach to crypto-asset regulation. The Monetary Authority of Singapore (MAS) is… Read more
Governance, Risk & Compliance IMPACT ANALYSIS: MAS enforcement report reveals improvements in enforcement effectiveness June 6, 2022 The Monetary Authority of Singapore (MAS) has released its enforcement report for the period July 2020 to December 2021. The report shows a marked improvement in MAS’ effectiveness in safeguarding… Read more
Governance, Risk & Compliance 10 things compliance officers must do in the Asia-Pacific region in 2022 April 4, 2022 There has been a heightened regulatory focus in the Asia financial sector where regulators have shifted from a consultative supervisory approach to a more enforcement orientated one. There is zero… Read more
Governance, Risk & Compliance IMPACT ANALYSIS: Data resilience, greater industry collaboration essential to fend off cyber threats, IOSCO report says October 26, 2021 An industry working group has issued a paper entitled “Cyber Threats and Data Recovery Challenges for Financial Market Infrastructures”, sponsored by the Committee on Payments and Market Infrastructures-International Organisation of… Read more
Governance, Risk & Compliance IMPACT ANALYSIS: SGX announces climate change road map for companies September 28, 2021 As part of the city state’s efforts to achieve a low-carbon economy, Singapore Exchange Regulation (SGX) has set out a road map to make it mandatory for issuers to include… Read more
Governance, Risk & Compliance IMPACT ANALYSIS: ESG regulations in Asia gather momentum August 24, 2021 Regulators in the Asia-Pacific region have prioritised environmental, social, and governance (ESG) factors into their approach and outlook. Although ESG in the Asian region is gathering momentum, it still remains… Read more
Governance, Risk & Compliance COLUMN: Cryptocurrencies – regulators at a crossroads July 2, 2021 Wild swings in the value of cryptocurrencies and a lack of regulatory certainty on how to treat them have failed to deter younger investors from buying coins in their billions.… Read more