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

Securities / Derivatives
China to Provide Guarantees on Private Enterprise Bonds
15/09/2023
China Securities Finance indicated it would work to provide more credit enhancement support to private enterprises to support bond financing.

Crypto / Digital Assets
US SEC Settles Second NFT-related Enforcement Action
14/09/2023
Animated web series creator will pay $1mn to settle SEC claims that it conducted an unregistered offering of crypto asset securities. Two commissioners dissented.

Enforcement
US Court Sentences Co-Founder of “OneCoin” Fraud to 20 Years
14/09/2023
OneCoin was a fraudulent cryptocurrency that was sold through a pyramid scheme to millions of people from 2014-2016, resulting in $4bn in worldwide losses.

Australia to Ban Credit Card, Digital Currency Use for Online Gambling
14/09/2023
The bill will make it illegal for online gambling companies to accept credit cards, credit related products and digital currency as payment methods for online gambling.

Securities / Derivatives
CFTC Extends No-Action Letter for TAIFEX Swaps Clearing
14/09/2023
The six month extension allows US persons to continue clearing swaps on TAIFEX for proprietary trades while a formal CFTC exemption is pending.

ESG / Sustainability
Singapore Launches Largest Ever Equity ETF to Drive Climate Action
14/09/2023
The SGX-listed fund is managed by BlackRock and anchored by Prudential, with additional backing from investors that include Temasek and Singlife.

AML / KYC
Singapore Announces New Initiatives to Support Family Offices
14/09/2023
The initiatives will help new family offices orientate themselves in Singapore and strengthen their financial crime compliance capabilities.

Securities / Derivatives
Industry Bodies Call on SEC to Reassess Custody Rule Proposal
14/09/2023
A letter from 26 trade associations calls on the SEC to re-evaluate the costs and economic impacts of its custody rule proposal.

FSC Korea to Tighten Rules on 50 Year Mortgage Loans
14/09/2023
Banks only started offering 50-year mortgages this year, but household debt grew in August at the fastest pace since February 2020.

Enforcement
Former China Life Chairman Received Suspended Death Sentence
14/09/2023
Wang Bin was sentenced for accepting bribes worth CNY 325 million and illegally concealing CNY 54.2 million in overseas deposits.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.