Regulation Asia relies on a team of journalists, writers and editors to cover regulatory announcements across Asia Pacific. editorial@regulationasia.com
Sanctions
US to Impose New Export Controls Targeting Advanced Technology
09/09/2024
The new rules target quantum computers and components, advanced chipmaking tools and technology, and various components and software related to metals and metal alloys.
Sanctions
Iran Facing New Sanctions Over Missile Shipments to Russia
09/09/2024
US officials have confirmed the delivery of hundreds of short-range ballistic missiles to Russia. The US and EU intend to respond with sanctions.
Sanctions
Trump Promises to Lift All Russia Sanctions if Re-Elected
09/09/2024
Trump said the move would ensure the continued dominance of the US dollar and prevent Iran, Russia and China from gaining economic power.
Sanctions
Major Chinese Banks Are Offloading Russia Assets – Report
09/09/2024
Russia’s banks have also reportedly run out of yuan, largely because Chinese financial firms have stopped doing business with the country.
Securities / Derivatives
China to Merge Two Top Securities Firms to Create Industry Giant
09/09/2024
Guotai Junan Securities and Haitong Securities will merge, subject to regulatory and shareholder approval, creating China’s largest brokerage firm.
Fintech / Regtech
Alibaba to Add WeChat Pay Option to E-Commerce Platforms
09/09/2024
The decision was announced less than a week after the market regulator declared an end to its antitrust review of Alibaba.
Securities / Derivatives
TAIFEX Amends Information Security Rules for Futures Brokers
08/09/2024
Among the new requirements, futures brokers must prohibit staff from storing confidential business information on personal mobile devices.
Sanctions
US Issues Sanctions Targeting Russia’s Arctic LNG 2 Project
08/09/2024
Two Indian companies were sanctioned for owning and managing a vessel that engaged in “deceptive shipping practices”.
Capital / Liquidity
Taiwan Considers Measures to Facilitate Loans to First Home Buyers
08/09/2024
The FSC is considering excluding loans to first-home buyers, urban renewal projects and related construction work from bank lending limits.
Capital / Liquidity
Korea Forms Task Force to Enhance Bank Lending Standards
08/09/2024
The FSS plans to require verification of loan documents, improve the process for verifying collateral value, and enhance post-loan monitoring standards.
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