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

Payments & Settlements
Cambodia Launches Cross-Institutional Payment System for ATM, POS Services
13/07/2023
The Cambodian Shared Switch aims to enhance payment transactions through payment cards in Cambodia.

Trading & Investment
UK Seeks to Undo EU Restrictions on Short-Selling Gilts
13/07/2023
HM Treasury proposes to eliminate EU-mandated rules that govern investors’ short positions in government debt and credit-default swaps.

Cloud & Infrastructure
HKIMR Report Urges Focus on Financial Inclusion and Sustainable Innovation
13/07/2023
The report highlights the need for continuous investments in human capital and skills development to foster innovation.

Data Privacy
HK Privacy Commissioner Issues Guidance on Data Breach Handling
13/07/2023
The guidance emphasises the need for organisations to develop comprehensive data breach response and post-incident action plans.

Structural Regulation
Hong Kong Enacts Amendments to Facilitate Electronic Submissions to Official Receiver
12/07/2023
The focus of the amendments is to facilitate the electronic submission of specific documents to the Official Receiver, allow for electronic proxies, and introduce other improvements.

Operational Risk
NZ’s FMA Issues Proposal to Enhance Industry Operational, Cyber Resilience
12/07/2023
If a licensee experiences a significant disruption, they must promptly notify the FMA no later than 72 hours after the incident.

Credit Risk
HKMA Announces Orderly Exit from Loan Holiday Scheme
12/07/2023
The Pre-approved Principal Payment Holiday Scheme has “fulfilled its purpose and an orderly exit should commence”.

Data Privacy
ACCC Launches Inquiry into Data Broker Services
12/07/2023
The inquiry will concentrate on third-party data brokers that gather information from external sources and share or sell it to other organisations.

Anti-Money Laundering
Australia: Crown Casinos Ordered to Pay Record Breaking Penalty
12/07/2023
Crown will pay A$125mn now, A$125mn within a year, and the remaining A$200mn within two years for AML/CTF breaches.

Sustainable Finance
China Issues Rules to Enable Voluntary Emissions Trading
11/07/2023
The proposed rules are expected to pave the way for the relaunch of a national voluntary carbon market.
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