PEPs & Sanctions

Russia-EU Gas Flows via Ukraine Come to a Halt

06/01/2025

The European Commission said most EU states could cope with the change. Gazprom will lose around $5bn in annual gas sales.

Anti-Money Laundering

Regulation Asia: Top 10 Contributed Articles for 2024

05/01/2025

This list presents the most-read contributed articles published by Regulation Asia in 2024, based on aggregated user traffic.

Payments & Settlements

India to Implement Payee Name Checking on RTGS, NEFT by April

05/01/2025

Banks have until 1 April 2025 to implement the beneficiary account name look-up facility for RTGS and NEFT transfers.

Structural Regulation

China NFRA Offers FIs Flexibility to Optimise Governance Structures

05/01/2025

As permitted by the revised Company Law, FIs can disband the board of supervisors and instead have its duties performed by the board-level audit committee.

Trading & Investment

HKIC Selects Four Firms to Manage New CIES Portfolio

05/01/2025

Betatron Venture Group, Inno Angel Fund, MindWorks Capital and Radiant Tech Ventures were appointed to manage the new CIES investment portfolio.

Anti-Money Laundering

China Consults on Draft CFT rules for Social Organisations

05/01/2025

Under the rules, social organisations have to undertake periodic TF risk assessments and implement risk prevention measures commensurate with their TF risks.

Sustainable Finance

Philippine SEC Issues Draft Framework for Green Equity Offerings

05/01/2025

The ‘green equity’ designation signifies that over 50% of both revenue and investments are linked to green activities.

Structural Regulation

Taiwan to Loosen Rules Imposed on Overseas Securities Clients

04/01/2025

The FSC will make account opening, order verification and fund deposits more convenient for overseas clients

PEPs & Sanctions

US Sanctions Iranian, Russian Entities for Election Interference

04/01/2025

OFAC said affiliates of Iran’s IRGC and Russia’s GRU aimed to stoke socio-political tensions and influence the 2024 US election