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
Operational Risk
Taiwan FSC Fines Cathay United Bank Again Over Outages
06/01/2023
The fine is the highest ever imposed against a bank by the FSC for IT-related issues. The bank’s president will also have his salary cut for three months.
Anti-Money Laundering
BSP Sets Out New Rules for Reporting Financial Crime Risk Events
06/01/2023
Banks and NBFIs will have to notify the BSP within 24 hours after they become aware of any significant money laundering, terrorism financing, or proliferation financing risk event.
Resolution & Recovery
China Set to Implement New Financial Stability Law This Year
05/01/2023
The law will create a financial stability guarantee fund, set out clear risk prevention and disposal responsibilities for financial institutions, and introduce a resolution regime for SIFIs.
Conduct, Culture & Accountability
Former BlackRock Portfolio Manager Fined Over Undisclosed Conflict
05/01/2023
The portfolio manager failed to disclose that he had asked an investee company to help advance his daughter’s acting career and that it helped her obtain a film role.
Fraud, Scams & Cybercrime
New York: Former SPAC CFO Pleads Guilty to Fraud Charges
05/01/2023
The former CFO embezzled money from a SPAC to pay for personal expenses and trade in meme stocks and crypto assets. He also incorporated two other SPACs to conceal his theft.
ESG Data
Taiwan: TDCC Adds Moody’s ESG Assessments to ESG IR Platform
05/01/2023
The ESG IR platform provides free ESG information from domestic and foreign data providers for retail investors, institutional investors and issuers.
Cybersecurity
Philippines Launches Cyber Safety Campaign for Financial Customers
05/01/2023
The BSP and banking industry associations launched a new campaign to improve to cyber hygiene among financial customers.
Reporting & Disclosures
ASIC Fines Another Listed Energy Firm for Alleged Greenwashing
05/01/2023
ASIC says Black Mountain Energy made misleading statements in three ASX announcements regarding a natural gas development project.
Fraud, Scams & Cybercrime
Singapore-Based Crypto Wallet BitKeep Suffers $8m Hack
05/01/2023
BitKeep said it is working to recover the stolen funds, some of which have already been frozen. Compensating victimised users is a top priority.
Anti-Money Laundering
NYDFS Ends Coinbase AML Probe With $100m Settlement
05/01/2023
The settlement includes a $50mn penalty and a commitment by Coinbase to invest a further $50mn in its compliance programme over the next two years.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.