Regulation Asia relies on a team of journalists, writers and editors to cover regulatory announcements across Asia Pacific. editorial@regulationasia.com
ESG / Sustainability
ACSI Updates Voting Policy to Promote Gender Balance on Boards
22/05/2023
The policy means ASX300 companies could face recommendations ‘against’ male director re-elections if women do not occupy a minimum of 30% of board seats.
Securities / Derivatives
SEBI Introduces New Risk Disclosure Rules for Equity Derivatives
22/05/2023
The new rules are a response to findings that that 9 out of 10 individual traders in the equity F&O segment experience net losses.
Securities / Derivatives
SFC Consults on Revisions to Takeovers and Share Buy-back Rules
21/05/2023
This includes a proposal to add a new rule to give an offeror and an offeree company the option to despatch Codes documents by electronic means.
Capital / Liquidity
APRA Updates Capital Requirements for PPF Providers
21/05/2023
The changes will align APRA’s capital requirements for purchased payment facility providers more closely with its capital framework for other regulated firms.
Crypto / Digital Assets
NYAG Fines Crypto Wallet Provider for Misleading Investors
21/05/2023
Coin Cafe had advertised free wallet storage for Bitcoin, but then routinely charged and increased its fees “without properly informing investors”.
Enforcement
Court Penalises AMP for Charging Fees to Deceased Customers
21/05/2023
ASIC said AMP charged insurance premiums and advice fees to more than 2,000 customers despite being notified that they were deceased.
Securities / Derivatives
HKEX Announces Launch Date for HKD-RMB Dual Counter Model
21/05/2023
The HKD-RMB Dual Counter Model will launch on 19 June 2023. HKEX is now accepting applications for Dual Counter Market Makers.
Securities / Derivatives
WFE Highlights Challenges of Measuring CCP Margin Procyclicality
20/05/2023
The significant uncertainty in measurements means procyclicality mitigation tools can be miscalibrated, inefficient, or detrimental.
Sanctions
Price Cap Policy for Russian Oil is Working: US Treasury Report
20/05/2023
Oil revenues now account for 23 percent of the total Russian budget, compared to 30-35 percent before the war in Ukraine.
Sanctions
Australia Announces Expanded Sanctions Against Russia
19/05/2023
Entities affected include Russian state-owned atomic energy corporation Rosatom, and the country’s largest petroleum and gold companies.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team