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
Crypto / Digital Assets
BSP Concludes Tests on Streamlining Interbank Payments With CBDC
06/12/2024
The BSP said Project Agila testing found that off-hours transactions can safely be supported by open-source DLT through the Oracle Cloud Infrastructure.
Sanctions
China Sanctions 13 US Military Firms & Six Executives
06/12/2024
The sanctions, imposed under China’s Anti–Foreign Sanctions Law, are a response to a recent announcement of US arms sales to Taiwan.
Capital / Liquidity
BCBS Assesses Korea’s Implementation of NSFR, LEX Standards
06/12/2024
NSFR implementation was assessed as “compliant”, while implementation of the large exposures framework was assessed as “largely compliant”.
Capital / Liquidity
IAIS Adopts Global Capital Standard for Insurance Industry
06/12/2024
The standard provides a risk-based measure of capital adequacy for internationally active insurance groups to ensure they can withstand potential stresses.
AML / KYC
AUSTRAC to Crack Down on Non-compliant Crypto ATM Providers
06/12/2024
AUSTRAC has established an internal taskforce to target crypto ATMs that are being exploited for money laundering, scams and money mule activities.
Enforcement
PBOC Refines Discretionary Criteria for Imposing Administrative Penalties
06/12/2024
The PBOC said it will ensure the type and extent of penalties match the facts, nature, circumstances and degree of social harm of the illegal act.
Indian Parliament Advances Bill to Amend Banking Regulations
05/12/2024
The bill makes as many as 19 amendments to existing banking laws, including allowing deposits to have up to four nominees in their accounts.
Australia Passes Bill to Enshrine Superannuation Objective into Law
05/12/2024
Any future changes to super legislation must be judged against the objective, making policymakers more accountable when considering such changes.
Big Picture
BIS Paper Examines Choice Between Retail CBDC, FPS, or Both
05/12/2024
The choice depends on the market features, ecosystem, and degree of maturity and innovation of existing payment infrastructures in a country.
Big Picture
Geopolitical Risk Seen as Top Risk to Financial Industry in 2025
05/12/2024
The top threats to the financial industry identified in DTCC’s latest Systemic Risk Barometer Survey were geopolitical risk and cyber risk.
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