
Regulation Asia relies on a team of journalists, writers and editors to cover regulatory announcements across Asia Pacific. editorial@regulationasia.com
Fintech / Regtech
Malaysian Minister Rules Out Possibility of Bitcoin as Legal Tender
24/03/2022
Malaysia’s deputy finance minister said cryptocurrencies are not suitable for use in payments. Earlier this week another minister called for the government to adopt crypto as legal tender.
ESG / Sustainability
IFRS Foundation, GRI to Align Sustainability Reporting Work
24/03/2022
The ISSB under the IFRS Foundation will publish proposed Climate and General Sustainability-related Disclosure requirements next week.
ESG / Sustainability
HKEX, CEEX to Cooperate on GBA Carbon Market Initiatives
24/03/2022
HKEX and Guangzhou-based China Emissions Exchange will jointly explore the development of a voluntary carbon emission reduction programme in the GBA.
Fintech / Regtech
FCA, BOE Offer New Guidance on Addressing Crypto Risk
24/03/2022
Cryptoassets should be classified as an intangible asset for accounting purposes, meaning that in most cases direct holdings should be fully deducted from CET1.
Securities / Derivatives
BSEC Calls on Banks to Increase Stock Market Investments
24/03/2022
The BSEC has also given banks a 31 March deadline to deposit unclaimed dividends in the Capital Market Stabilisation Fund, against directions from Bangladesh Bank.
Enforcement
Tokyo Prosecutors Indict SMBC Nikko Securities, Five Others
24/03/2022
Prosecutors have filed charges against SMBC Nikko Securities and five others. The head of the firm’s equity division was also arrested.
Fintech / Regtech
Singapore Working Group to Develop BNPL Framework
24/03/2022
The Singapore FinTech Association has formed a working group under MAS guidance to develop a BNPL framework for launch later this year.
Fintech / Regtech
Thailand Bans Use of Crypto as Means of Payments
24/03/2022
From 1 April, digital asset business operators are prohibited from enabling merchants to accept digital assets as a means of payment for goods or services.
Capital / Liquidity
RBNZ Raises Transparency of Regulatory Breaches by Banks
24/03/2022
The RBNZ has launched a new register to improve transparency about material breaches of key prudential requirements by banks.
Fintech / Regtech
Malaysia SC Registers Two IEO Platform Operators
24/03/2022
The Initial Exchange Offering platform operators are given nine months to comply with regulatory requirements before they can commence operations.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.