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
Bangladesh Further Extends Ban on Downgrading Borrowers
02/10/2020
Bangladesh Bank has instructed banks not to change their classifications of loans for another three months for borrowers that fail to make repayments.
AML / KYC
Australia to Allocate A$800m to Digital Initiatives in Budget
02/10/2020
The plan includes the development of a digital identity system, modernisation of business registers, rollout support for the CDR, and regtech/fintech initiatives.
ESG / Sustainability
IFRS Foundation Consults on Role in Global Sustainability Standards
02/10/2020
One possible option is for the IFRS Foundation to establish a new sustainability standards board, operating alongside the IASB, focusing initially on climate-related matters.
Capital / Liquidity
RBI Defers Implementation of NSFR, Final Tranche of CCB
02/10/2020
The delays are a result of “continuing stress on account of Covid-19”, giving banks a further six months until 1 April 2021 to meet the higher requirements.
Fintech / Regtech
ACCC Concludes Refinitiv-LSEG Merger Review
02/10/2020
The ACCC examined horizontal overlaps and vertical relationships between LSEG and Refinitiv, as well as potential competition issues, and is not opposed to the transaction.
Market Infrastructure
SWIFT Developing Low-Value Cross-Border Payments Service
02/10/2020
The new initiative will improve the payments experience for consumers and SMEs, making them faster, more transparent, easier and competitively priced.
AML / KYC
Taiwan to Set New AML/CFT Rules for Accountants
01/10/2020
Accountants will not be allowed to establish business relationships or conduct transactions with clients until their identities and actual beneficiaries are verified.
Securities / Derivatives
SEBI Orders Faster Liquidation of Defaulting Brokers’ Assets
01/10/2020
Stock exchanges and clearing corporations should sell brokers’ securities if debit balances are not cleared in 5 days, and to sell other broker assets six months after the default.
Securities / Derivatives
Korea to Amend Law to Protect Private Equity Fund Investors
01/10/2020
The revisions will enhance oversight and risk assessment of private equity funds, and prevent illiquid funds from being marketed to retail investors.
Fintech / Regtech
RegTech Asia 2020: Regulatory Reporting & Data Management
01/10/2020
How have regulatory reporting requirements been changing in APAC, and what has this meant for data management practices at financial institutions?
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