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
KYC & CDD
SFC Fines TC Capital for Due Diligence Failures in Sponsor Work
03/08/2022
The SFC said there was a need to send a “strong deterrent message” to the industry and market that “sponsor failures will not be tolerated”.
Conduct, Culture & Accountability
BNM Consults on New Requirements for Adjusters
03/08/2022
The proposed rules impose ‘fit and proper’ requirements on shareholders and key responsible persons of adjusters.
Liquidity Risk
Bangladesh Seeks IMF Loan, Takes Measures to Boost FX Inflows
03/08/2022
Bangladesh has sufficient FX reserves for over five months of imports, providing some cushion. It has also taken measures to address its falling FX reserves.
Conduct, Culture & Accountability
Taiwan FSC Tightens Rules for Senior Securities, Futures Personnel
03/08/2022
The rules are aimed at preventing directors from taking on positions at other firms that could affect their performance or create conflicts of interest.
Trading & Investment
Moscow Exchange Commences Trading in First Yuan Bonds
03/08/2022
Yuan-denominated bonds will open up an additional source of FX liquidity for Russian borrowers, who have been cut off from the dollar, euro and other foreign currencies.
PEPs & Sanctions
US Imposes New Round of Sanctions Against Russia
03/08/2022
The sanctions target Kremlin-connected elites, including retired Olympic gymnast Alina Kabaeva, who is understood to be Putin’s girlfriend.
Clearing & Post-Trade
Guidance Issued for US Transition to T+1 Securities Settlement
02/08/2022
DTCC, SIFMA and ICI have published guidance to help market participants prepare for the US transition to a T+1 securities settlement cycle in 2024.
Supervision & Enforcement
Banks Preparing to Pay Fines for Use of Messaging Apps
02/08/2022
US regulators are expected to announce penalties in the coming weeks over the use of unauthorised messaging apps for business communications.
ESG Data
Data with Destiny: Bridging Asia’s ESG Information Gap
02/08/2022
While there has been a surge of data disclosure in Asia, the lack of a unified set of rules across the region opens the door for inconsistencies.
Fraud, Scams & Cybercrime
Korea FSS Completes Woori Bank Embezzlement Inspection
02/08/2022
The inspection found that the amount embezzled was more than originally reported, and the Woori had insufficient internal controls in place.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.