
Regulation Asia relies on a team of journalists, writers and editors to cover regulatory announcements across Asia Pacific. editorial@regulationasia.com

CBDCs
Solomon Islands Central Bank Starts Testing CBDC
08/12/2023
The central bank is testing the CBDC for retail transactions, P2P transfers, interbank transactions, and cross-border payments.

Anti-Money Laundering
Indonesia, UAE Central Banks Agree to Expand Cooperation
08/12/2023
BI and CBUAE will strengthen cooperation in areas including monetary policy, financial stability, payments, AML/CFT, and Islamic finance.

Emerging Prudential Risks
Geopolitical Risk Seen as Top Risk to Financial Industry in 2024
08/12/2023
As many as 47% of respondents cited geopolitical risk as the number one risk impacting the global financial system in 2024.

Conduct, Culture & Accountability
HKIMR Report Offers Guidance on Talent Development
08/12/2023
The report presents findings from two surveys and other analysis to recommend talent development strategies for Hong Kong’s financial industry.

Trading & Investment
Bursa Malaysia Set to Launch First Currency Futures
08/12/2023
A licensing agreement with HKEX will enable Bursa Malaysia Derivatives to launch a Mini USD/CNH Futures contract.

Cryptocurrency
Japan Prepares to Relax Crypto Taxation Policies
08/12/2023
The reforms will allow corporations to hold crypto assets without being taxed on unrealised gains at the end of each year.

PEPs & Sanctions
US and UK Sanction Russians Tied to Election Hacking
08/12/2023
The individuals are accused of targeting UK politicians and think tanks, among others, in a long-running spear-phishing campaign on behalf of Russia’s Federal Security Service.

Trading & Investment
China Proposes Rule Update to Enhance National Social Security Fund
08/12/2023
The National Social Security Fund will be able to invest in more types of assets, to improve flexibility and boost China’s capital market.

Market Data & Technology
DSB Forms New Advisory Committee for ISIN, UPI Services
07/12/2023
The new committee will provide recommendations on governance matters related to the ISIN and UPI Services.

Anti-Money Laundering
US Authorities Secure Guilty Plea from Crypto Founder
07/12/2023
Anatoly Legkodymov pleaded guilty to operating Hong Kong-registered Bitzlato as a money transmitting business that allowed criminals to launder illicit proceeds.
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