Regulation Asia relies on a team of journalists, writers and editors to cover regulatory announcements across Asia Pacific. editorial@regulationasia.com
ESG / Sustainability
Bursa Malaysia, PETRONAS Partner to Drive ESG Adoption
13/04/2023
PETRONAS, the largest corporate entity in Malaysia, will participate as an early adopter of Bursa Malaysia’s Centralised Sustainability Intelligence Platform.
Goldman to Offer Treasury Services to Japan Corporates
13/04/2023
Japan will be the first country in Asia where Goldman will offer transaction banking. The service is already offered in the US, UK, Germany and Netherlands.
Securities / Derivatives
Malaysia to Launch Capital Market Graduate Programme
13/04/2023
The programme aims to improve the knowledge and employability of 9,000 university graduates to address a deficit of skilled talent in the capital market.
Taiwan FSC Signs Supervisory Cooperation MoU with NYDFS
13/04/2023
The MoU covers information sharing, financial inspections, disciplinary actions, licensing approvals, and confidentiality related to supervisory duties.
Crypto / Digital Assets
Hong Kong Doubles Down on Pledge to Develop Web3
13/04/2023
Financial Secretary Paul Chan said crypto market volatility provides an opportunity for Web3 development. SFC official said DeFi platforms require licensing.
Capital / Liquidity
Recent Banking Sector Turmoil to Inform FSB’s Policy Work
12/04/2023
FSB working with BCBS to analyse and learn from recent banking sector turmoil. Cyber incident reporting recommendations also finalised.
Enforcement
SFC Fines Ninety One HK Unit for Unlicensed Futures Dealing
12/04/2023
Ninety One did not have a Type 2 (dealing in futures contracts) licence, believing it could rely on SFO exemptions to deal in futures contracts.
Securities / Derivatives
SEBI Issues Framework to Improve IPO Price Band Discovery
12/04/2023
Stock exchanges will have to compute a common equilibrium price for IPO listings if their call auctions result in equilibrium prices that are too far apart.
ESG / Sustainability
GFIN Set to Open Applications for ‘Greenwashing TechSprint’
12/04/2023
The TechSprint, hosted on the FCA’s digital sandbox, will seek to develop a tool or solution to help tackle greenwashing risks in financial services.
ESG / Sustainability
RBI Issues ‘Green Deposits’ Framework for Banks, NBFCs
12/04/2023
The allocation of funds raised through green deposits shall be subject to independent third-party verification and assurance each year, the RBI says.
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