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
AML / KYC
AUSTRAC Updates Guidance on Reporting Cash Transactions
28/06/2022
When a customer makes multiple cash transactions of A$10,000 or more, each individual transaction is considered a separate and distinct designated service.
Capital / Liquidity
BIS Launches Yuan Liquidity Facility for Central Banks
28/06/2022
Central banks from China, Hong Kong, Singapore, Malaysia, Indonesia and Chile are creating a reserve pool to guard against market stresses.
ASIC Issues New Guidance on Product Design and Distribution
28/06/2022
ASIC has identified behavioural levers that can influence consumer outcomes and situational vulnerabilities that can amplify poor outcomes.
Market Infrastructure
US Lawmakers Conclude Review Into Meme Stock Market Event
28/06/2022
A House committee says the SEC should introduce a liquidity rule for clearing brokers and FINRA should establish liquidity planning requirements.
Crypto / Digital Assets
Japan’s Soramitsu to Study CBDC in Vietnam, Fiji, Philippines
27/06/2022
Japan’s METI has selected Soramitsu to conduct CBDC feasibility studies in other APAC countries, building on its work in Cambodia and Laos.
Securities / Derivatives
HKMA, SFC to Proceed With Changes to FSP List
27/06/2022
One new entity, Nomura Financial Products Europe GmbH, is being added to the FSP List under the OTC derivatives regime.
Enforcement
Korea FSS to Punish Illegal Business Lending by Savings Banks
27/06/2022
Restrictions on household loans appear to have caused an increase in loans to businesses from savings banks to fund housing purchases.
Fintech / Regtech
China Approves Plans to Strengthen Payments, Fintech Regulation
27/06/2022
The plan, approved by President Xi Jinping, calls for the “complete inclusion” of payments and other financial activities within regulations.
Crypto / Digital Assets
Chinese Courts Rule Sales Agreement Involving Crypto as Invalid
26/06/2022
The court said virtual currencies are not legal tender, referencing the 2017 declaration from the PBOC. A higher court upheld the ruling.
Securities / Derivatives
ASIC Demands More Transparent Communications from Super Trustees
26/06/2022
The communication strategies of some trustees may have risked confusing or misleading members about their product’s performance, ASIC said.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team