Structural Regulation

CSRC Approves Fund Sales Licence for HSBC Subsidiary

04/09/2023

The HSBC subsidiary becomes the first wealth management firm to hold both an insurance brokerage and a fund sales licence in China.

Capital Adequacy

Japan to Inject Public Funds into Regional Bank

04/09/2023

Kirayaka Bank will become the first regional bank in Japan to receive public funds since 2014.

Anti-Money Laundering

KoFIU Fines, Suspends Crypto Lender for AML Violations

04/09/2023

Crypto lender Delio failed to assess money laundering risks, had KYC lapses, and failed to restrict transactions with unregistered VASPs.

Structural Regulation

English Disclosure Still Inadequate in Japan Market: Survey

04/09/2023

The TSE said it plans to initiate discussions on measures that would make English disclosures mandatory for Prime Market companies.

Anti-Money Laundering

Malaysia: BNM Announces Penalties Against Ten Entities

04/09/2023

Seven entities within a group accepted deposits without a licence. Three other entities breached AML/CFT requirements.

Operational Risk

Taiwan: Cathay Financial Units Fined for Connectivity Issues

04/09/2023

Cathay Securities and Cathay Futures failed to perform capacity tests and application system stress testing operations, the FSC said.

Trading & Investment

New Rules for CFD Trading Take Effect in Korea

03/09/2023

Only four of 13 local securities firms that offered CFD trading have decided to resume the service under the new regulations.

Data Privacy

China Issues New Data Security Rules for Money Brokers

03/09/2023

The rules set out requirements for money brokers that provide data services to customers. A list of permitted data recipients is published.

Trading & Investment

CSRC Unveils 19-Point Enhancement Plan for Beijing Stock Exchange

01/09/2023

The plan includes more market makers, and greater participation from overseas investors, publicly offered funds, and private equity funds, among other measures.