Regulation Asia relies on a team of journalists, writers and editors to cover regulatory announcements across Asia Pacific. editorial@regulationasia.com
Securities / Derivatives
Korea Exchange Considers Japan-Style Market Restructuring
25/07/2024
A restructuring would minimise overlaps between the KOSPI and KOSDAQ markets. The role of the KONEX market will also be reconsidered.
Sanctions
ECB to Develop Framework for Geopolitical Risk Assessments
25/07/2024
The ECB is working to develop a framework that it can use to deal with the impacts of geopolitical risks such as sanctions on EU banks.
Sanctions
OFAC Sanctions DPRK Procurement Network Based in China
25/07/2024
The action imposes sanctions on China-based individuals and entities involved in the procurement of items used in the production of North Korean ballistic missiles.
Capital / Liquidity
HKMA Consult on Revised Guidance for CCyB Calculations
25/07/2024
The SPM module being revised provides guidance for banks on determining the RWA corresponding to their private sector credit exposures for the purpose of calculating CCyB ratios.
Crypto / Digital Assets
Korea FSS Scrutinises Deposit Rates Paid by Crypto Exchanges
25/07/2024
The FSS determined that Bithumb’s proposal to pay 4 percent per annum on customer deposits was unreasonably high and did not comply with supervisory regulations.
Fintech / Regtech
China Issues Regulations for Revised State Secrets Law
24/07/2024
Among other things, the regulations promise rewards for those who report information leaks or the illegal acquisition of state secrets.
Enforcement
Kakao’s Billionaire Founder Arrested in South Korea
24/07/2024
Kim Beom-su was arrested on allegations that he played a role in manipulating the stock price of K-pop agency SM Entertainment last year.
Crypto / Digital Assets
US Exchanges Commence Trading in First Spot Ether ETFs
24/07/2024
Nine ETFs saw $1.07bn worth of shares traded on the first day, resulting in net inflows of around $106.7mn.
Crypto / Digital Assets
Emerging Markets Particularly Vulnerable to Stablecoin Risks: FSB
24/07/2024
New FSB report says EMDEs are particularly vulnerable to macro-financial risks associated with the use of foreign currency-pegged stablecoins.
Sanctions
US Commerce Dept Expands Export Controls Against Iran
24/07/2024
The expansion of export controls seeks to address concerns regarding Iran’s potential use of US technology in weapons systems.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team