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
AML / KYC
DOJ Charges Russian TV Presenter With Violating US Sanctions
08/09/2024
The television presenter and producer for Russia’s state-owned Channel One, along with his wife, were charged for sanctions violations and money laundering.
Sanctions
Russian Business With India is ‘Booming’, Says Sberbank Exec – Report
06/09/2024
Sberbank executive said Russia is able to import anything it needs from India, with most transactions only taking a few hours to complete.
Fintech / Regtech
Korea to Ease Entry Rules for Corporate Credit Rating Industry
06/09/2024
The FSC is abolishing the requirement for FIs to hold at least a 50% stake in companies for them to provide corporate credit ratings.
Enforcement
German Court Orders Former Wirecard Execs to Pay Damages
06/09/2024
The court found that three executives should be held personally liable for granting €100mn in loans without due diligence or collateral.
AML / KYC
AUSTRAC Issues New Guidance on Outsourcing AML Functions
06/09/2024
Among other things, the guidance covers due diligence of service providers, outsourcing agreements, management and oversight, and performance monitoring.
AML / KYC
HK Customs Announces Disciplinary Actions Against Four MSOs
06/09/2024
The MSOs failed to keep records of remittance transactions and to identify beneficial owners and PEPs, among other breaches of AML/CTF requirements.
Fintech / Regtech
Australian Government Begins Implementing New AI Policy
06/09/2024
DTA said it will publish a training module by early October, refresh its GenAI guidance, pilot an AI assurance framework, and develop technical standards.
Enforcement
US Charges Six Hamas Leaders for Terrorism, Sanctions Evasion
06/09/2024
The DOJ said Hamas crypto fundraising efforts caused US persons to engage in transactions that violated US sanctions regulations.
Securities / Derivatives
China Securities Association Issues New Code of Professional Ethics
05/09/2024
Securities firms have until 31 March 2025 to update and improve their personnel management systems to comply with the revised Code.
Crypto / Digital Assets
FSS Korea to Soon Commence Inspections of Crypto Businesses
05/09/2024
The inspections will check for illegal or suspicious transactions, compliance with consumer protection rules, and unethical business practices.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team