Regulation Asia relies on a team of journalists, writers and editors to cover regulatory announcements across Asia Pacific. editorial@regulationasia.com
Fintech / Regtech
OCBC Suffers Near Four-hour Bank Service Outage
28/08/2023
OCBC’s internet and mobile banking platforms were disrupted from around 8.30am until around 12.20pm on Monday.
Securities / Derivatives
SEBI Tightens Disclosure Norms for FPIs with Concentrated Investments
28/08/2023
FPIs will have to disclose all their owners if they hold over 50% of their India AUM in a single corporate group.
Securities / Derivatives
DSE Seeks Rule Relaxations to Boost Alternative Trading Board
28/08/2023
The ATB was launched this January but has failed to attract investors and still has only two securities listed.
Market Infrastructure
BRICS Nations Invite Six Nations to Join as Members
27/08/2023
BRICS officials will develop measures to reduce their reliance on the USD in trade, in favour of using local currencies.
Securities / Derivatives
SEBI to Allow NRIs, OCIs to Invest More in GIFT City via FPIs
27/08/2023
SEBI proposes to allow IFSCA regulated FPIs to accept higher levels of investment from Indian citizens residing overseas.
China Eases Mortgage Rules to Boost Property Market
27/08/2023
The new measures will allow more individuals to be treated as first-time homebuyers, which means better mortgage rates and lower down payments.
Sanctions
New Zealand Joins US, UK in Sanctions over Treatment of Ukrainian Children
27/08/2023
The New Zealand and US sanctions coincided with Ukrainian Independence Day on 24 August.
AML / KYC
HK Police Arrest 11 in HK$124m Money Laundering Case
27/08/2023
Police believe the laundered funds could be tied to more than 20 fraud cases, including email and loan scams, and commercial and investment fraud.
Market Infrastructure
Vietnam to Launch New Securities Trading System in December
26/08/2023
The new system has already been delayed several years due to the Covid-19 pandemic and other factors. Securities firms are still behind schedule on testing.
ESG / Sustainability
Indonesia’s OJK Issues New Rules for Carbon Trading
26/08/2023
The rules set out how OJK will supervise carbon trading ahead of the planned launch of Indonesia’s first carbon exchange by end-September.
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