Regulation Asia relies on a team of journalists, writers and editors to cover regulatory announcements across Asia Pacific. editorial@regulationasia.com
Enforcement
Korea FSS Imposes Light Punishments on Shinhan Execs
26/04/2021
Shinhan Bank’s CEO and Shinhan Financial Group’s Chairman received lighter punishments than expected over the Lime mis-selling scandal.
Enforcement
SG Police Lay More Charges in Nickel Trading Fraud Case
26/04/2021
Ng Yu Zhi allegedly cheated five individuals into paying around S$8.8mn for nonexistent forward contracts purported to be for the sale of nickel to a metals trader.
Crypto / Digital Assets
US House Passes Bill to Foster Innovation in Digital Assets
25/04/2021
The bill will require the SEC and CFTC to establish a digital asset working group to ensure collaboration between regulators and the private sector on digital assets.
Capital / Liquidity
RBI Lifts Bank Dividend Ban, Subject to New Limit
25/04/2021
Banks will be limited to paying only 50% of the amount prescribed in a 2005 circular, which already caps dividends at a 40% payout ratio.
Securities / Derivatives
Chinese Exchanges Receive First Infrastructure REITs Applications
25/04/2021
The applications are from infrastructure REITs managed by Zheshang Securities, Sinolink Securities, AVIC Securities and Bosera Asset Management.
Big Picture
ICMA Explores Role of Repo Market in Sustainable Finance
25/04/2021
A new ICMA paper looks at the intersections between the repo and collateral market and sustainable finance.
Securities / Derivatives
ASX to Introduce Default Management Auctions for ETD in Q3
25/04/2021
ASX consulted last year on the introduction of an auctions framework for exchange-traded derivatives in the event of a futures clearing participant’s default.
S. Korea to Improve Debtor Access to Legal Representation
24/04/2021
The FSC will increase support and accessibility to free legal representation for debtors, as well as strengthen coordination with investigative authorities.
Australian Life Insurers Launch Professional Standards Framework
24/04/2021
The framework was developed through collaboration between life insurers comprising 95 percent of the gross written premium in the retail life industry.
Fintech / Regtech
Regulatory Future Proofing with In-Memory Computing
24/04/2021
In-memory analytics tools allow even the most complex of regulatory calculations to be performed in minutes or seconds rather than hours.
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