Regulation Asia relies on a team of journalists, writers and editors to cover regulatory announcements across Asia Pacific. editorial@regulationasia.com
Securities / Derivatives
Tokyo, New York Bourses to Promote Cross-border Investment
23/09/2022
The NYSE and TSE will collaborate on product development, marketing, information sharing, and the use of digital technologies in market operations.
Securities / Derivatives
Chinese Officials in Hong Kong to Assist With PCAOB Inspections
23/09/2022
PCAOB inspectors have been in Hong Kong this week to commence audit inspections of US-listed Chinese companies at PwC and KPMG’s offices.
Crypto / Digital Assets
Australian Senator Proposes Bill on Digital Asset Regulation
23/09/2022
The bill would establish rules for crypto exchanges, custody providers stablecoin issuers, and banks facilitating e-CNY transactions.
Securities / Derivatives
Japan to Probe Retail Sales of Structured Products by Banks
22/09/2022
The FSA says many customers who were not sufficiently informed about the products they were buying have complained of “unexpected losses”.
Securities / Derivatives
Korea Planning Reforms to Address Foreign Investor Concerns
22/09/2022
Foreign investors have complained about the current dividend policy, registration requirements, and a lack of corporate filings in English.
Enforcement
New York AG Files Fraud Charges Against Trump & Family
22/09/2022
The lawsuit says Trump falsified his net worth to obtain more favourable loan terms, cheaper insurance coverage, and tax benefits.
Market Infrastructure
HKMA Signals Coming Enhancements to Wealth Connect Scheme
22/09/2022
Enhancements could include measures to improve sales arrangements, expand the product scope, and allow more financial institutions to participate.
Fintech / Regtech
Banks, Tech Firms Propose Payments Pilot Using EU Digital IDs
22/09/2022
European banks and tech firms will show how payments and EU digital ID wallets can be combined across borders and in multiple currencies.
Market Infrastructure
Refinitiv Commences Publication of USD IBOR Cash Fallbacks
22/09/2022
USD IBOR Cash Fallbacks will be used to transition loans, bonds and securitised products that reference LIBOR and will mature after 30 June 2023.
Enforcement
China: Another Senior Executive Probed for Chip Fund Fraud
22/09/2022
Another senior investment manager of Sino IC Capital is being probed for fraud involving China’s biggest investment fund for the chip sector.
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