Editors
Regulation Asia relies on a team of journalists, writers and editors to cover regulatory announcements across Asia Pacific. editorial@regulationasia.com
Articles by Editors
PEPs & Sanctions
India Stops Accepting Oil from Sanctioned Russian Vessels
22/03/2024
Private and state-run refiners in India have stopped accepting cargoes from vessels owned by Sovcomflot, which was sanctioned by the US last month.
Conduct, Culture & Accountability
China Launches New Complaints Handling Platform
22/03/2024
The platform will help improve efficiency, enhance service quality, and standardise complaints management processes at banks and insurers.
PEPs & Sanctions
Armenian Banks Stop Accepting Russian Mir Cards – Reports
22/03/2024
The Union of Armenian Banks attributed the decisions to the risk of secondary sanctions from the US.
Cryptocurrency
Japan GPIF Considers Diversifying Holdings Into Forests and Bitcoin
22/03/2024
World’s largest pension fund seeking information on investing in forests, farmland, gold, and crypto-assets; plans to resume foreign stock lending.
Capital Adequacy
HK LegCo Reviews Legislation to Implement RBC Regime for Insurers
22/03/2024
The legislation covers revised qualifications for actuaries and the fees and levies payable to the IA. The new regime will commence from 1 July 2024.
Structural Regulation
US SEC Facing Industry Lawsuit Over Dealer Rule
22/03/2024
AIMA and others say the SEC does not have statutory authority to change the definition of “dealer” and did not take into account economic consequences when adopting the rule.
Climate Risk
IAIS Launches Third Public Consultation on Climate Risk
22/03/2024
The consultation addresses issues relating to corporate governance, risk management and internal controls, valuation, investment policy and enterprise risk management.
Cryptocurrency
US SEC Seeking Information About Ethereum Foundation – Reports
22/03/2024
The SEC has issued subpoenas to companies asking about their dealings with the foundation, purportedly in relation to the possible classification of Ethereum as a security.
Capital Adequacy
China Tightens Rules for Consumer Finance Companies
22/03/2024
The minimum registered capital is more than tripled to CNY 1 billion, and the major investors must have at least a 50% equity stake, compared to 30% previously.
PEPs & Sanctions
US, Türkiye Agree on New ‘Sanctions Compliance Scheme’
22/03/2024
Under the new scheme, the US will allow Turkish authorities to first investigate potential sanctions violations before action is taken against Turkish companies.
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