Posts By Editors, Regulation Asia
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274Tokyo Bourse to Pilot Carbon Market in September
Editors, Regulation Asia May 18, 2022The TSE has been commissioned to develop Japan's first carbon credits market. Full-scale operations will be launched in FY2023-2024.
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223US Treasury Outlines Plans to Combat Illicit Finance
Editors, Regulation Asia May 18, 2022Treasury highlighted efforts to address illicit finance risks associated with shell companies, all-cash real estate purchases, and virtual assets.
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272South Korea to Enact ‘Digital Assets Basic Act’ in 2023
Editors, Regulation Asia May 18, 2022More banks will be able to offer services to crypto investors. The Bank of Korea Act will be revised to allow CBDC introduction.
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171HKEX Sets 13 June Launch Date for New VaR Platform
Editors, Regulation Asia May 18, 2022The VaR Platform will replace the existing flat-rate model for calculation of margin and HKSCC Default Fund contributions.
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298NSW Ministers Working on New AML Laws – Report
Editors, Regulation Asia May 17, 2022The NSW attorney general and police minister are working on new laws to tackle unexplained wealth and organised crime.
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263China Lowers Mortgage Rates for First-home Buyers
Editors, Regulation Asia May 17, 2022The move is designed to revive the property market. Last week banks were also directed to adjust how they set deposit rates.
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469HK Police Arrest 17 for Using Virtual Banks to Launder Money
Editors, Regulation Asia May 17, 2022The syndicate members processed the funds through more than 20 online bank accounts since 2021, police said.
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423FASB Commences Review of Accounting Rules for Digital Assets
Editors, Regulation Asia May 17, 2022Crypto industry participants as well as ISDA are calling for the FASB to allow digital assets to be recorded on financial statements at fair value.
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408Myanmar Govt Charges Ex-Central Bank Official with Corruption
Editors, Regulation Asia May 17, 2022Former CBM deputy governor U Bo Bo Nge is being charged by the military government on allegations that caused losses to the government.
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396Bursa Malaysia, CIMB Collaborate to Drive ESG Adoption
Editors, Regulation Asia May 16, 2022CIMB becomes the fourth bank overall, and first home-grown bank, to collaborate with Bursa Malaysia on its #financing4ESG initiative.
