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
Capital / Liquidity
Fed Warns of Credit Contraction Resulting from Bank Stress
09/05/2023
Ongoing stresses in the banking system could lead to a broader contraction in credit, resulting in a “marked slowdown in economic activity”.
Securities / Derivatives
HSBC Strikes Deal to Buy Out China Fund Management JV
09/05/2023
HSBC has reportedly signed an agreement to raise its stake in the joint venture from 49 to 100 percent, subject to regulatory approval and other conditions.
AML / KYC
HK Companies Registry Issues AML Guidance for TCSP Licensees
09/05/2023
New guideline seeks to help trust or company service providers devise and implement policies, procedures and controls for AML/CTF.
Market Infrastructure
RBNZ Proposes to Collect More Data on Cyber Incidents
09/05/2023
The RBNZ proposes to introduce mandatory reporting of all material cyber incidents within 72 hours, and periodic reporting of non-material incidents.
Enforcement
Australia: Medibank Faces Four Class Actions Over October Cyberattack
09/05/2023
The Federal Court is expected to consolidate the class actions. Medibank is also facing an investigation from Australia’s privacy regulator.
Sanctions
EU Commission Proposes Sanctions Against Chinese Companies
09/05/2023
The proposals also include sanctions on Iranian companies, measures to restrict sales of certain products to third countries, and powers to ban oil tankers that conceal their location.
Fintech / Regtech
BIS to Test Quantum Resistant IT Environments for Financial System
09/05/2023
“Project Leap” will test the ability of a quantum-resistant algorithm to maintain the confidentiality of payment messages transmitted between Banque de France and Deutsche Bundesbank.
ESG / Sustainability
New Zealand XRB Issues New Guidance on Climate-related Disclosures
08/05/2023
The guidance aims to support entities in preparing climate-related disclosures and to foster consistency through “clarity of understanding”.
ESG / Sustainability
SEBI Enhances Disclosure Requirements for Transition Bonds
08/05/2023
Transition bonds were added to SEBI’s framework for green debt securities in February. The additional disclosures seek to ensure funds raised are not misallocated.
Fintech / Regtech
Indonesia, Malaysia Expand Cross-Border QR Payment Link
08/05/2023
The linkage will provide “faster, cheaper, more transparent and more inclusive cross-border payments”, said Bank Indonesia governor Perry Warjiyo.
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