Regulation Asia relies on a team of journalists, writers and editors to cover regulatory announcements across Asia Pacific. editorial@regulationasia.com
Enforcement
ASIC Imposes Eight Year Bans Over Pressure Selling of CFDs
21/07/2022
Two executives have been banned for eight years after their firm engaged in “unconscionable conduct” including the use of pressure selling tactics.
Crypto / Digital Assets
Fraud Risk: An Industry Priority for the Crypto Space
20/07/2022
Experts say crypto firms have a responsibility and moral obligation to have anti-fraud controls in place, and that this will help create trust in the industry.
Market Infrastructure
Singapore Finalises Key Settings of MAS Recommended Rate
20/07/2022
The MAS Recommended Rate is the fallback rate that will apply to outstanding SOR-based business loans and derivatives when Fallback Rate (SOR) is discontinued after end-2024.
OJK Indonesia Strengthens Regulations on Market Conduct
20/07/2022
The regulation focuses on ensuring consumers are provided information about financial products and services in a clear, accurate, correct, and easily accessible manner.
Crypto / Digital Assets
China CBDC Tests to be Extended to 23 Pilot Sites
20/07/2022
The PBOC’s Zou Lan said the digital currency has played a positive role in promoting consumption, boosting domestic demands, and stabilising economic growth.
Securities / Derivatives
Taiwan FSC Relaxes Rules for Investors on Collateral Use
20/07/2022
Investors can use assets such as gold and mutual fund units as collateral to meet margin calls rather than be forced out of positions.
AML / KYC
India, Indonesia to Work Towards Establishing Payment Linkages
20/07/2022
The RBI and Bank Indonesia will cooperate in areas such as cross-border payments, digital innovation, and AML/CFT.
ESG / Sustainability
JPX Launches New ESG Bond Information Platform
20/07/2022
The new platform brings together information about securities and issuers, including their strategies, use of proceeds, ESG impacts, and external reviews.
Fintech / Regtech
Philippines: UnionBank Commences Digital Banking Operations
20/07/2022
UnionDigital Bank commenced operations on Monday after receiving the BSP’s green light for the launch last week.
Capital / Liquidity
APRA Removes Remaining Capital Overlay Applied on Allianz
20/07/2022
APRA says it is satisfied that Allianz has fulfilled its commitments set out in a court enforceable undertaking undertaken in March 2021.
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