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
Enforcement
SFC Fines Brokerage for Negligence During Share Placement
19/05/2023
China On Securities used incorrect prices in contract notes and transferred shares to placees without first requiring payment.
CSRC, PBOC Reduce Budget Allocations for Staff Salaries
19/05/2023
The changes are part of a drive to reduce income disparity as well as a broader overhaul of the financial regulatory system announced in March.
Sanctions
Top EU Official Concerned by Russian Oil Flowing into Europe
18/05/2023
India is buying heavily discounted crude oil from Russia and selling full-priced refined products into Europe. Josep Borrell said the EU must act.
Crypto / Digital Assets
GFMA Report Details How DLT Will Benefit Capital Markets
18/05/2023
The report calls for market participants to proactively shape the future use of DLT and for policymakers to provide greater regulatory clarity.
Enforcement
Wells Fargo Agrees to Pay $1bn to Settle Class Action
18/05/2023
Shareholders accused Wells Fargo of overstating how well it was complying with 2018 consent orders from financial regulators.
Capital / Liquidity
APRA Finalises New Resolution Planning Standard & Guidance
18/05/2023
CPS 900 will formally come into effect from 1 January 2024, but individual entities would only be subject to the requirements when notified by APRA.
Capital / Liquidity
Swiss Parliamentary Commission to Investigate Credit Suisse Deal
18/05/2023
The investigation’s exact mandate and the membership of the commission will be decided in legislative sessions which begin on 30 May.
Capital / Liquidity
CDS Payments Not Triggered by Credit Suisse Bond Wipe-out
18/05/2023
The EMEA Credit Derivatives Determination Committee was asked to rule on whether the Credit Suisse takeover should trigger insurance payouts on bonds.
Capital / Liquidity
FDIC Ordered to Return Tax Refund Cheques to SVB Financial
18/05/2023
The court ruled that the FDIC has no authority to intercept tax refund checks clearly written out to “SVB Financial”, the bankrupt former parent of Silicon Valley Bank.
Securities / Derivatives
Futu, Tiger Brokers to Delist from Chinese App Stores
17/05/2023
The online brokers were ordered in December to stop opening accounts for mainland investors to invest in Hong Kong and US markets.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team