Regulation Asia relies on a team of journalists, writers and editors to cover regulatory announcements across Asia Pacific. editorial@regulationasia.com
Enforcement
Former China Life Chairman Received Suspended Death Sentence
14/09/2023
Wang Bin was sentenced for accepting bribes worth CNY 325 million and illegally concealing CNY 54.2 million in overseas deposits.
Crypto / Digital Assets
HKMA, Central Banks to Beta Test CBDC Interoperability Solution
14/09/2023
New use cases for the solution, developed by Swift, are also being tested in a new sandbox environment by the RBA, BOT, CLS and other institutions.
Capital / Liquidity
Taiwan to Release New Rules on Bank Capital Soon
14/09/2023
The biggest impact for banks is expected to be from the higher risk weighting applied to equity investment positions.
Capital / Liquidity
UK FCA Intensifies Oversight of Bank Risk Assessment
13/09/2023
Risks from customers can affect a bank’s ability to have enough liquidity in challenging markets, the FCA’s Simon Walls said in a letter to bank CEOs.
Securities / Derivatives
SEBI Allows REIT, InvIT Unitholders to Nominate Board Members
13/09/2023
REIT and InvIT unitholders holding more than 10 percent of the units can nominate board members.
Capital / Liquidity
US Banks Call for Release of Evidence to Support Basel Proposal
13/09/2023
Prominent banking associations are demanding the release of the data and analysis to support changes to capital requirements for large banks.
Crypto / Digital Assets
BIS Innovation Hub Unveils Findings from CBDC Project “Sela”
13/09/2023
The collaboration with HKMA and Bank of Israel demonstrated that retail CBDC can support access, cyber security and competition, while retaining cash features.
ESG / Sustainability
ASEAN Exchanges Agree on New Set of ESG Metrics
13/09/2023
Previously, Environment (E) and Social (S) metrics were developed. The exchanges have now agreed on complementary Governance (G) metrics.
HKMA Chief Appointed to Key BIS Post to Support Emerging Markets
13/09/2023
HKMA chief Eddie Yue was appointed Chair of the meeting of Governors of major emerging market economies for three years.
Securities / Derivatives
India to Explore Allowing Domestic Firms to Directly List in London
13/09/2023
India’s government will explore the London Stock Exchange as an international destination for the direct listing of Indian companies.
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