
Regulation Asia relies on a team of journalists, writers and editors to cover regulatory announcements across Asia Pacific. editorial@regulationasia.com

Cybersecurity
FSS Korea Unveils New Initiatives to Boost Industry’s Cyber Resilience
19/03/2024
The FSS will establish an “autonomous security system” that FIs will be able to use to conduct IT audits and self-inspections to identify security threats.

Structural Regulation
Japan FSA Sends Bill to Parliament to Boost Capital Market
19/03/2024
The bill will enable asset managers to outsource middle and back office operations and facilitate the development of a market for unlisted securities.

Market Abuse
CSRC to Impose Fine and Lifetime Ban on Evergrande Founder
19/03/2024
The company’s flagship unit, Hengda Real Estate, will also pay a CNY 4.2 billion penalty for inflating revenues and defrauding investors.

AI Risk & Governance
S. Korea Preparing Draft Artificial Intelligence Law: Official
19/03/2024
The draft law will define “high-risk AI”, business operator responsibilities, the composition of AI committees, and ethical principles.

Emerging Prudential Risks
BOJ Raises Interest Rates for the First Time in 17 Years
19/03/2024
The BOJ also abolished its yield curve control policy, which it has used since 2016 to cap the yields of 10-year JGBs.

Market Abuse
China’s Didi Required to Face Investor Lawsuit Over 2021 IPO
19/03/2024
Besides allowing the investor lawsuit to proceed against Didi, the US court also refused to dismiss claims against banks that helped the company go public.

AI Risk & Governance
US SEC Fines Two Investment Advisers for AI Washing
19/03/2024
“Investment advisers should not mislead the public by saying they are using an AI model when they are not,” said the SEC’s Gary Gensler.

PEPs & Sanctions
Microsoft, Amazon Suspend Russian Access to Cloud Products
18/03/2024
The move is a response to the EU’s 12th package of Russia sanctions, which prohibits companies from supplying enterprise or design software to companies in Russia.

Trading & Investment
Taiwan FSC Conducting Inspections at ETF Issuers – Report
18/03/2024
One of the areas the FSC is scrutinising is the use of online influencers by fund houses to promote their products.

Payments & Settlements
China UnionPay Launches Project to Optimise Payment Services
18/03/2024
China UnionPay will spend CNY 3 billion on acceptance terminal upgrades, signage placement and publicity in key cities.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.