Regulation Asia relies on a team of journalists, writers and editors to cover regulatory announcements across Asia Pacific. editorial@regulationasia.com
Market Infrastructure
HKMA Names Market Makers for Southbound Bond Connect
18/09/2021
The designated market makers were selected based on several criteria, including their Hong Kong bond market activities and their counterparty networks with Mainland FIs.
Securities / Derivatives
CSRC Forms Inter-agency Group to Rein in Capital Market Crime
18/09/2021
The group will enhance coordination between the central and local government agencies to better enforce against and punish capital markets misconduct.
AML / KYC
Malaysia Secures Settlement from KPMG to Resolve 1MDB Claims
18/09/2021
The settlement concludes a civil suit filed against KPMG and its current and former partners over the audits 1MDB’s 2010-2012 financial statements.
Crypto / Digital Assets
Laos Authorises Six Companies for Crypto Mining, Trading
18/09/2021
Government ministries will work with the central bank and national power utility to decide on rules governing the use of cryptocurrencies.
Huarong Puts Assets Up for Sale in Restructuring Effort
18/09/2021
The move follows an agreement by state-backed investors including Citic Group to recapitalise Huarong.
S. Korea to Extend Loan Support for SMEs Six More Months
18/09/2021
To help support small businesses, state-run financial institutions will provide liquidity worth about 4 trillion won.
Market Infrastructure
BSP Directs Payment Systems to Adopt PFMI Standards
18/09/2021
Designated payment systems are expected to demonstrate adequate governance and risk management arrangements in line with the PFMI.
Enforcement
ACCC Launches Formal Investigation into Apple Pay
17/09/2021
Cards held in a third-party wallet such as a bank app can pay in-store only if they are routed through Apple Pay for a cost.
AML / KYC
RBI Invites NBFCs to Apply for Aadhaar Authentication Licences
17/09/2021
With a KUA or sub-KUA licence, NBFCs will be able to authenticate client Aadhaar numbers using the e-KYC facility provided by UIDAI.
Securities / Derivatives
FINMA Grants Approval Allowing SIX to Deal in Digital Securities
16/09/2021
SIX Digital Exchange is approved to act as a CSD and its associated company SDX Trading to act as a stock exchange.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team