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
Market Infrastructure
Myanmar to Set Up Alternative Market for Unlisted Companies
14/08/2019
The so-called ‘Myanmar Public Companies Board’ will serve as a stepping stone for domestic companies to list on the YSX, which still lists only 5 companies.
Enforcement
FSS Korea to Probe Major Banks for Mis-sold Financial Products
14/08/2019
Woori, KEB Hana and Shinhan are subject to the FSS investigation for selling high-risk private equity investment products and derivative-linked securities.
Enforcement
CBIRC Fines WeBank $285m for Multiple Lending Violations
14/08/2019
An inspection last year found that some employees at the digital bank used consumer loans to invest in stock and futures trading.
Securities / Derivatives
Korea Eases Criteria for Professional Investor Registration
14/08/2019
The move is expected to increase the pool of professional investors from under 2000 to over 370,000. A new trading venue for unlisted equity securities is also planned.
AML / KYC
Singapore Shell Companies Vulnerable to Money Laundering: MAS
14/08/2019
While money launderers and tax evaders have traditionally used offshore companies, some have shifted to onshore companies to evade detection.
Capital / Liquidity
BSP Issues Guidelines for Banks on Managing IRRBB
14/08/2019
Covered supervised institutions have until 1 January 2021 to develop or revise their policies and procedures in accordance with the guidelines.
Securities / Derivatives
Koscom to Develop New Platform for Trading Unlisted Securities
13/08/2019
The project, approved under the FSC’s sandbox programme, will also involve KEB Hana Bank, Hana Financial Investment and Amicus Lex, among others.
AML / KYC
Malaysia to Introduce e-KYC for Money Services Businesses
13/08/2019
BNM has set out the requirements money changers must observe in non-face-to-face customer onboarding, to ensure effective and robust AML/CFT controls.
ESG / Sustainability
ASIC Updates Guidance on Climate Risk Disclosures
13/08/2019
The new guidance describes climate change as a “systemic risk that could have a material impact on the future financial position, performance or prospects of entities”.
Securities / Derivatives
TOCOM Electricity Futures Approved for 17 September Launch
13/08/2019
The Tokyo Commodity Exchange has been granted approval to list electricity futures, after applying for a trial listing in March.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.