AML / KYC

HKMA Asks Banks for ‘Active Participation’ in CDI Initiative

23/12/2021

The HKMA is seeking to link the new CDI to the Commercial Credit Rating Agency and Companies Registry to enhance risk management in the banking industry.

Securities / Derivatives

Taxing Securities Trades Will Reduce Competitiveness, says SET President

23/12/2021

SET president Pakorn Peetathawatchai Pakorn was responding to reports that the government is planning a 0.1 percent tax on securities trades.

Fintech / Regtech

Cambodia, Laos to Step Up Cross-Border Cooperation in 2022

23/12/2021

The National Bank of Cambodia and Bank of the Lao PDR will cooperate on payment innovation and cross-border connectivity, among other areas.

Press Release

Regulation Asia: Top 20 News Stories for 2021

23/12/2021

This list presents the most-read new stories published by Regulation Asia in 2021, based on aggregated user traffic analytics.

Press Release

Regulation Asia: Top Ten Contributed Articles for 2021

23/12/2021

This list presents the most-read contributed articles published by Regulation Asia in 2020, based on aggregated user traffic analytics.

AML / KYC

BSP Identifies Other Banks, Non-banks Involved in BDO Hack

23/12/2021

A BSP task force will submit recommendations to the Monetary Board by mid-January 2022, which may include sanctions and penalties for the involved banks.

Fintech / Regtech

SEBI Forms New Advisory Committee on Technology

22/12/2021

The new committee will issue recommendations on existing technology projects and propose new suptech and regtech tools to improve SEBI’s capabilities.

Securities / Derivatives

Australia Announces Reforms to Proxy Advice Regime

22/12/2021

The reforms extend AFS licensing requirements to a greater range of proxy adviser activities, as well as enhance transparency of super funds’ voting records.

Securities / Derivatives

NSE India Launches New Corporate Governance Framework

22/12/2021

Listed companies that voluntarily choose to be part of ‘NSE Prime’ will need to comply with higher corporate governance standards and disclosure requirements.