Editors

    image

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

    Articles by Editors

    image

    Sanctions

    Myanmar Allows Thai Baht to be in International Payments

    14/08/2023

    Myanmar’s Military Council has designated the Thai Baht as a currency for both international payments and account clearing.

    image

    Securities / Derivatives

    Shanghai INE to Launch New Container Freight Index Futures Contract

    14/08/2023

    Shanghai International Energy Exchange is launching the new futures contract to help firms hedge against fluctuations in container freight prices.

    image

    Securities / Derivatives

    China Amends Index Fund Rules to Support ‘Technological Self-reliance’

    14/08/2023

    An index must only be in operation for three months before it can be used in the development of a fund product, compared to six months previously.

    image

    Enforcement

    Taiwan FSC Fines CTBC Units for Governance Failures

    14/08/2023

    CTBC Financial was regularly inviting a major shareholder to attend group meetings and executive dinners, though he was not an authorised person.

    image

    Fintech / Regtech

    RBI Awards AI-based SupTech Contract to McKinsey, Accenture

    14/08/2023

    The RBI invited expressions of interest last September. The $10mn contract has now been awarded to McKinsey and Accenture.

    image

    Enforcement

    Korea: Bank CEOs to Face Possible Liability for Internal Control Lapses

    14/08/2023

    The FSC is working directly with lawmakers to fast-track a bill that would allow it to punish bank CEOs for embezzlement and other crimes that occur under their watch.

    image

    DBS Completes Acquisition of Citi Consumer Businesses in Taiwan

    14/08/2023

    DBS chief Piyush Gupta said the integration accelerates the bank’s consumer business growth in Taiwan by at least ten years.

    image

    AML / KYC

    SEBI Streamlines KYC Process for Securities Market Onboarding

    14/08/2023

    SEBI directs KRAs to verify client information so that they gain portability, and clients to skip repetitive KYC steps with different intermediaries.

    image

    Sanctions

    OFAC Sanctions Four Russians Linked to Alfa Group

    14/08/2023

    The four individuals have already been sanctioned by Australia, Canada, the EU, New Zealand, and the UK.

    image

    Sanctions

    Korea Unfreezes Iranian Funds as Part of US Prison Swap Deal

    14/08/2023

    $7bn of Iran’s funds have been frozen in South Korea since May 2019, after sanctions waivers for oil imports were allowed to expire.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team