Securities / Derivatives

AllianceBernstein Wins Approval to Launch China Funds Business

04/01/2024

The approval makes AllianceBernstein the fifth foreign-owned asset manager to win authorisation to start operating mutual funds in China.

Sanctions

EU Sanctions World’s Largest Diamond Producer

04/01/2024

The move is in line with the ban on Russian diamonds introduced as part of the EU’s 12th package of sanctions last month.

Securities / Derivatives

China Adopts Company Law Revisions to Improve Governance

03/01/2024

The revised Company Law, which takes effect from 1 July 2024, improves protections for small and medium-sized shareholders.

Securities / Derivatives

SFC Sets Out Trigger Events Requiring Disclosure by ETF Managers

03/01/2024

The circular lists examples of events that may trigger ongoing disclosure requirements by management companies of ETFs.

Press Release

Regulation Asia: Top 20 News Stories for 2023

02/01/2024

This list presents the most-read news stories published by Regulation Asia in 2023, based on aggregated user traffic analytics.

Press Release

Regulation Asia: Top 10 Contributed Articles for 2023

02/01/2024

This list presents the most-read contributed articles published by Regulation Asia in 2023, based on aggregated user traffic.

Securities / Derivatives

Taiwan, Korea Reciprocally Lower Taxes on Dividend, Interest Income

01/01/2024

The agreement was signed in November 2021 after seven years of negotiations. It has taken until now for the required legislative processes.

Fintech / Regtech

Taiwan: FSC Drafts Guidelines for FIs on the Use of AI

01/01/2024

The guidelines are based on the six core principles released in October to promote responsible AI innovation in the financial industry.

AML / KYC

Philippines Tightens Travel Rule Requirements for Crypto

01/01/2024

VASPs are expected to obtain, verify, and hold originator and beneficiary information for transactions with unhosted wallets regardless of the amount involved.