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
PEPs & Sanctions
US Treasury Clarifies Stance on Humanitarian Aid to Syria under Sanctions
09/08/2023
The guidance is the latest in a series of OFAC actions aimed at clarifying the US government’s stance on humanitarian trade.
Capital Adequacy
BlackRock to Trim Capital in South Korean Unit by 62 Percent
09/08/2023
Reports suggest that the move is linked to BlackRock’s shift away from retail business in Korea two years ago, as well as a potential tax rule change in the country.
Structural Regulation
China: New Independent Director Rules to Take Effect from 4 September
09/08/2023
The CSRC and stock exchanges will play a bigger role in the appointment and selection of independent directors.
Capital Adequacy
US Majors Reveal Expected Costs for FDIC Special Assessment
09/08/2023
JPMorgan Chase, Bank of America, Wells Fargo and Citigroup expect to pay a combined $8.2bn to replenish the fund.
Payments & Settlements
UK Commits to Taking Forward Payments System Reforms
09/08/2023
The reforms will include a regulatory regime for future systemically important stablecoins used as a means of payment.
Cybersecurity
NIST Solicits Feedback on Revamped Cybersecurity Framework
09/08/2023
NIST invites feedback on its updated Cybersecurity Framework 2.0 draft by 4 November 2023.
Fraud, Scams & Cybercrime
Crypto CEO Charged in South Korea for Fraud, Embezzlement
09/08/2023
Bitsonic CEO Jinwook Shin manipulated computer records to inflate prices and trading volumes, and defraud investors.
PEPs & Sanctions
UK Targets Third Country Military Suppliers With Sanctions
09/08/2023
The sanctions target individuals and businesses in Iran, Turkey, Belarus, Slovakia, Switzerland, the UAE and Russia for supporting the war in Ukraine.
Trading & Investment
TSE Signs Agreement to Provide Japanese Investors Access to US Securities
09/08/2023
The MoU between the Tokyo Stock Exchange and Blue Ocean Technologies will enable Japanese investors to trade US stocks during their daytime hours.
Stablecoins
PayPal Unveils Stablecoin Plans, Prompting Call for Clear Regulations
08/08/2023
PayPal plans to allow US customers to exchange PYUSD for other cryptocurrencies as well as use it to fund purchases, make transfers to external wallets, and send person-to-person payments.
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