Fintech / Regtech

BSP to Enhance Policy Formulation Through Big Data

19/01/2022

The BSP has partnered with the University of the Philippines to develop a News Sentiment Index, which will lead to more targeted policy formulation.

Crypto / Digital Assets

IOSCO Calls for Greater Use of Global Supervisory Colleges

19/01/2022

Global supervisory colleges can help strengthen cooperation between regulators, promote information sharing, and address market fragmentation.

Vietnam, Laos to Step Up Cooperation in Banking Supervision

18/01/2022

The SBV and BOL will cooperate on the sharing of information, cross-border banking supervision, on-site examinations, and crisis management.

Enforcement

Taiwan to Raise Penalties for Violations by Securities Firms

18/01/2022

The FSC is also lowering the threshold that triggers substantial shareholding declarations to promote greater transparency.

Securities / Derivatives

CSRC Proposes Tougher Rules for Major Money Market Funds

18/01/2022

Money market funds with more than CNY 200 billion in net assets, or more than 50 million investors, will have to strengthen risk management and set aside additional risk reserves.

AML / KYC

US Issues Sanctions Over DPRK Ballistic Missile Launches

18/01/2022

The sanctions target six North Koreans, one Russian and a Russian firm were responsible for procuring goods for North Korean weapons programmes.

Fintech / Regtech

MAS Grants RMO Licence to Digital Asset Platform ECXX

17/01/2022

ECXX Global Pte Ltd entered Sandbox Express in August 2020 as a digital asset exchange platform providing investors access to security tokens.

Securities / Derivatives

HKEX to Roll Out New Electronic Communication Platform

17/01/2022

The new platform will be rolled out in phases starting in early Q1, improving usability and paving the way for new functionalities to be added, HKEX says.

Enforcement

PBOC Fines BEA China Unit Over Data Collection Violation

17/01/2022

Reports say other fines may be made public in the near future for violations of new rules that prohibit the over-collection and misuse of credit information.