Posts By Editors, Regulation Asia
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578US Regulators Pledge to Provide Clarity on Crypto Next Year
Editors, Regulation Asia November 26, 2021The Fed, OCC and FDIC plan to provide clarity on whether certain crypto-related activities conducted by banks are "legally permissible".
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582FSC Korea Seeks to Criminalise Crypto Market Manipulation
Editors, Regulation Asia November 26, 2021Those who obtain unfair profits from crypto trading would face at least one year in prison and at least three times the amount gained in fines.
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45RBI Proposes Scheme to Rescue PMC Bank Depositors
Editors, Regulation Asia November 26, 2021PMC Bank will be merged into Unity Small Finance Bank, which was set up on 1 November by financial services conglomerate Centrum Group and fintech firm Bharatpe.
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364MAS Proposes Amendments to the Business Trusts Act
Editors, Regulation Asia November 25, 2021Business trusts will have to obtain and maintain information on beneficial ownership and disclose their CEOs' interests in transactions.
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83BSP Issues Revised Corporate Governance Rules for FIs
Editors, Regulation Asia November 25, 2021Non-Filipino citizens can become members of a bank's board of directors, to the extent of foreign ownership in the institution.
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70SEBI Defers Implementation of New Margin Requirements
Editors, Regulation Asia November 25, 2021New rules that require investors to have 50 percent of their margins in cash to trade in futures and options have been deferred to 28 February.
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74Malaysia SC Unveils Initiatives to Boost Corporate Governance
Editors, Regulation Asia November 25, 2021The SC's corporate governance strategic priorities for the next three years emphasise ESG fitness, diversity and agility of boards.
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316China Banks Directed to Ramp Up Lending for Property Projects
Editors, Regulation Asia November 25, 2021Financial regulators have reportedly instructed banks to issue more loans to property firms for project development, and accelerate loan approvals.
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95India: GIFT City Regulator Wins Approval to Set Up Suptech Fund
Editors, Regulation Asia November 25, 2021The IFSCA also received approval for a new headquarters building. GIFT City's new gold bullion exchange is expected to launch in January.
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257CSRC to Expand Sponsor Obligations on Due Diligence
Editors, Regulation Asia November 24, 2021New draft guidelines seek to ensure better quality information disclosures for listed companies by expanding the scope of sponsors' responsibilities.
