AML / KYC

Australia: NASC Warns of Deepfake Celebs Promoting Scams

06/03/2024

Fake news articles and deepfake videos are being used to convince people to make online investments that turn out to be scams.

AML / KYC

Vietnam to Develop Legal Framework for Crypto by 2025

05/03/2024

The government has directed the Ministry of Finance to develop a legal framework for banning or regulating virtual assets.

Market Infrastructure

ASIFMA Calls for More Enhancements to Wealth Connect Scheme

05/03/2024

ASIFMA calls for a further increase in the individual investment quota and a more extensive expansion to the list of eligible products.

Crypto / Digital Assets

Australia: CBA Users Critical of Limits on Crypto-related Transfers

05/03/2024

The A$10,000 monthly limit is intended to keep customers safe from fraud and scams, the bank said.

Crypto / Digital Assets

SFC Issues More Warnings About Suspected Crypto Frauds

05/03/2024

BitForex, which disappeared with users’ funds last month, was added to the alert list, along with suspicious websites impersonating HashKey and OSL.

Securities / Derivatives

FSC Korea to Amend Rules for Disclosing Insider Transactions

03/03/2024

The FSC proposes to exempt certain financial institutions from the ex-ante disclosure requirements for insider transactions.

Market Infrastructure

BNM Consults on Enhanced Product Disclosure Requirements

02/03/2024

BNM is consulting on enhanced product disclosure requirements to minimise mis-selling of financial products.

Securities / Derivatives

Thai Stock Exchange to Tighten Rules on Short Selling

02/03/2024

The enhanced measures are meant to improve the effectiveness of market supervision and strengthen investor confidence in the SET.

Crypto / Digital Assets

SFC Issues Guidance on Disciplinary Process Under Virtual Assets Regime

01/03/2024

The guide describes the SFC’s process for taking disciplinary action, what such action can entail, and who can be subject to such action.