Regulation Asia relies on a team of journalists, writers and editors to cover regulatory announcements across Asia Pacific. editorial@regulationasia.com
Capital / Liquidity
BOE to Include Hedge Funds, Pension Funds in Scenario Exercises
20/06/2023
The system-wide exploratory scenario will encompasses hedge funds and pension funds alongside large banks, insurers, and CCPs for the first time.
ESG / Sustainability
IFRS Foundation Opens New ISSB Office in Beijing
20/06/2023
Beijing Vice Mayor Linmao Xia said the government will actively support the promotion and application of the IFRS Sustainability Disclosure Standards in China.
Securities / Derivatives
Malaysia Announces Measures to Boost Capital Market Vibrancy
20/06/2023
The stamp duty rate payable on stock trades is being reduced by a third to lower the cost of transactions, especially for retail investors.
AML / KYC
SEBI Amends AML Guidelines for Securities Market Intermediaries
20/06/2023
The guidelines tighten the definition of beneficial ownership and require risk assessments before launching new products and services.
Enforcement
SFC Fines Taiping Securities Employee Dealing Control Failures
19/06/2023
Responsible officer had 293 transactions that exceeded the trading limit prescribed for his personal account.
Fintech / Regtech
BOT Publishes New Consultation Paper on Virtual Bank Licensing Framework
19/06/2023
The consultation paper clarifies expectations for virtual banks to stimulate healthy competition and elaborates on the key qualifications of applicants.
Capital / Liquidity
Henan Bank Fraud: PBOC to Refund Customers With Deposit Insurance
19/06/2023
The PBOC has agreed to mobilise over CNY 10 billion from the national deposit insurance fund to repay customers who were defrauded by four rural banks.
Crypto / Digital Assets
BIS Innovation Hub Concludes Joint CBDC Experiment With BOE
19/06/2023
Project Rosalind explored how a universal and extensible API layer could connect central bank and private sector infrastructures and facilitate retail CBDC payments.
Crypto / Digital Assets
Industry Raises Concerns Over SEC Proposal to Redefine Exchanges
18/06/2023
SIFMA says the SEC’s attempt to bring DeFi systems into scope could potentially subject other non-DeFi broker-dealer systems to unnecessary regulation.
Market Infrastructure
FIA Issues Standard to Promote Timely Trade Give-Ups and Allocations
18/06/2023
The standard focuses on streamlining the delivery and processing of allocation instructions. A consultation on average pricing was also launched.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team