
Regulation Asia relies on a team of journalists, writers and editors to cover regulatory announcements across Asia Pacific. editorial@regulationasia.com
Securities / Derivatives
ASX to Implement Fallbacks in OTC Interest Rate Derivatives
23/03/2022
From 27 June, all OTC Open Contracts cleared by ASX, including legacy trades, will be treated as if they incorporated fallback provisions contained in the 2021 ISDA Definitions.
Securities / Derivatives
Chinese Firms Asked to Prepare Audit Documents for US Regulators
23/03/2022
US-listed companies including Baidu, JD.com and Alibaba have reportedly been asked by Chinese regulators to prepare audit documents for US regulators.
Securities / Derivatives
SEBI Eases Norms on Mutual Fund Transactions by Investors
23/03/2022
Norms prohibiting the use of one-time mandates to accept payments for mutual fund transactions have been eased.
Taiwan FSC Asks Banks to Automate Reporting Workflows
23/03/2022
All domestic and foreign banks are asked to integrate APIs in their workflows for reporting financial statements from January 2023.
ESG / Sustainability
HKEX Lists Hong Kong’s First Carbon Futures ETF
23/03/2022
The ETF, managed by CICC’s Hong Kong asset management unit, tracks the performance of a long-only basket of European Union Allowance futures contracts.
Fintech / Regtech
Malaysian Minister Calls for Adoption of Bitcoin as Legal Tender
23/03/2022
Deputy minister Zahidi Zainul Abidin says the government should consider adopting bitcoin and other cryptocurrencies as legal tender.
Capital / Liquidity
BOE Offers Clarity on Basel III Implementation Timing
23/03/2022
The BOE says it plans to publish a consultation paper on Basel III implementation in Q4, with a view to implementing the new capital rules in January 2025.
Enforcement
HK Police Arrest 38 Individuals for Covid Loan Fraud
23/03/2022
The individuals set up 53 shell companies and submitted false documents to banks to obtain loans under the government support scheme for Covid hit businesses.
Enforcement
SG Police Charge Two for Disclosing Singpass Login Details
23/03/2022
The Singpass login details were used by scam syndicates to open new bank accounts to launder the proceeds of crime.
Securities / Derivatives
BSEC Orders Bourses to Reshuffle Regulatory Affairs Divisions
23/03/2022
Stock exchange employees working in Regulatory Affairs departments for more than three years must transfer to other departments immediately.
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