Posts By Editors, Regulation Asia
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2FMA Review Finds NZX Technology Capability Lacking
Editors, Regulation Asia January 28, 2021NZX is required to develop a detailed, time-bound action plan to address the technology issues identified in a review conducted by the FMA.
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3HKMA Suspends Banker Over Photocopied Client Signature
Editors, Regulation Asia January 28, 2021The banker photocopied a client’s signature onto an instruction form and used it to apply for the issuance of a bank reference letter.
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5AUSTRAC Consults on AML/CTF Rules for Phase 1.5 Reforms
Editors, Regulation Asia January 28, 2021The amendments will update rules on correspondent banking and customer due diligence to reflect legislative changes passed in December.
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8HK Regulators Question Departing Financial Industry Executives
Editors, Regulation Asia January 28, 2021Executives who have relocated to Singapore or Tokyo have reportedly received phone calls from Hong Kong government agencies and regulators seeking explanations for the decisions.
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7PBOC Tightens Rules on Managing Customer Funds for Payment Firms
Editors, Regulation Asia January 28, 2021Customer reserve funds must be deposited either at the PBOC or with an eligible commercial bank, and transferred only through a clearing institution.
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10China’s Corruption Watchdog Punishes Former Bank Regulators
Editors, Regulation Asia January 28, 2021Three former banking regulators were expelled from the CCP and referred for criminal prosecution for accepting bribes and contributing to Baoshang Bank’s failure, among other violations.
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12China Access Channels for Foreign Institutional Investors: ASIFMA
Editors, Regulation Asia January 27, 2021New ASIFMA paper looks at the various investment access channels for foreign institutional investors investing in China’s capital markets.
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13OECD Paper Identifies Regulatory Issues in Asset Tokenisation
Editors, Regulation Asia January 27, 2021As markets for tokenised assets develop and grow in size, so too will the need to safeguard investors, consumers and financial stability.
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57Australian Police Arrest Dutch National on Money Mule Charges
Editors, Regulation Asia January 27, 2021The 22-year-old was used to receive funds stolen from Australian bank accounts by a cybercrime syndicate before he transferred it overseas with Bitcoin.
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59Japan, Shanghai Bourses Agree to Expand ETF Connectivity Scheme
Editors, Regulation Asia January 27, 2021The exchanges agreed to broaden the lineup of products available under the scheme and to collaborate in other areas including sustainable finance.
