Sanctions

China to Impose Export Controls on Key Chipmaking Metals

04/07/2023

China says the imposition of export curbs on gallium and germanium is to safeguard national security and interests.

Crypto / Digital Assets

Hong Kong Establishes Task Force to Advance Web3 Development

03/07/2023

The task force will bring together industry leaders and regulators to provide advice on developing Hong Kong into a Web3 hub.

AML / KYC

AUSTRAC Spares Bell Financial from Further Regulatory Action

03/07/2023

AUSTRAC received audit reports for three Bell Financial Group entities and decided not to undertake further regulatory action against them.

Market Infrastructure

SEBI Issues Rules Requiring CRAs to Name Uncooperative Issuers

03/07/2023

SEBI has issued new rules to address the growing number of issuers refusing to provide information to CRAs to properly assess their credit risk.

Crypto / Digital Assets

Korean Authorities Probes Crypto Lender Delio Over Fraud Allegations

03/07/2023

Regulators are investigating Delio on suspicions that it engaged in fraudulent activities, embezzlement and breach of trust.

Fintech / Regtech

RBI Launches New Centralised Information Management System

03/07/2023

The new system uplifts the RBI’s ability to handle large data flows, aggregate data, perform analysis, disseminate information to the public, and engage with reporting entities.

Capital / Liquidity

BSP Ends Covid Relief Measure on Reserve Requirements

02/07/2023

Banks can no longer count loans granted to MSMEs and large enterprises towards their compliance with reserve requirements.

AML / KYC

Australia Launches New National Anti-Scam Centre 

02/07/2023

A ‘fusion cell’ is being set up within the NASC, led by the ACCC and ASIC, to target the effective disruption of investment scams.

Crypto / Digital Assets

RBNZ to Develop Monitoring Capabilities for Crypto Markets

02/07/2023

The RBNZ is not planning to introduce a regulatory framework for cryptoassets until global best practice becomes clearer.