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
Climate Risk
IAIS Launches Third Public Consultation on Climate Risk
22/03/2024
The consultation addresses issues relating to corporate governance, risk management and internal controls, valuation, investment policy and enterprise risk management.
Cryptocurrency
US SEC Seeking Information About Ethereum Foundation – Reports
22/03/2024
The SEC has issued subpoenas to companies asking about their dealings with the foundation, purportedly in relation to the possible classification of Ethereum as a security.
Capital Adequacy
China Tightens Rules for Consumer Finance Companies
22/03/2024
The minimum registered capital is more than tripled to CNY 1 billion, and the major investors must have at least a 50% equity stake, compared to 30% previously.
PEPs & Sanctions
US, Türkiye Agree on New ‘Sanctions Compliance Scheme’
22/03/2024
Under the new scheme, the US will allow Turkish authorities to first investigate potential sanctions violations before action is taken against Turkish companies.
PEPs & Sanctions
More Chinese Banks Stop Accepting Russian Payments – Reports
22/03/2024
Ping An Bank, Bank of Ningbo, Guangfa Bank and Shenzhen Rural Commercial Bank are among those that have all stopped accepting yuan payments from Russia.
PEPs & Sanctions
US Pressure Forces Austria’s Raiffeisen to Back Out of Russia Deal
22/03/2024
The deal would have helped to reduce Raiffeisen Bank’s exposure to Russia, but it would have involved a transaction with a sanctioned Russian oligarch.
PEPs & Sanctions
OFAC Sanctions Nicaragua’s Attorney General for Corrupt Practices
21/03/2024
OFAC said Nicaragua’s Attorney General facilitated the theft of real property formerly belonging to independent media outlets, NGOs, and political prisoners.
Anti-Money Laundering
Top HK Official Addresses Frozen Remittances in Mainland China
21/03/2024
94 of 161 cases of frozen remittances from 2023 have been resolved as a result of the Customs and Excise Department’s intervention and bilateral negotiation.
Structural Regulation
Thailand Opens Applications for Virtual Bank Licences
21/03/2024
True Corp, Gulf Energy Development and Siam Commercial Bank’s holding company are among those planning to apply for a licence.
Conduct, Culture & Accountability
HSBC Wins Taiwan Approval to Serve High-net-worth Clients
21/03/2024
HSBC is the first foreign bank subsidiary in Taiwan to receive the approval to offer wealth management services to high-net-worth clients.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.