Regulation Asia relies on a team of journalists, writers and editors to cover regulatory announcements across Asia Pacific. editorial@regulationasia.com
Fintech / Regtech
Fusion Bank Launches Virtual Banking Services in Hong Kong
22/12/2020
The Tencent-backed virtual bank allows customers to bind their bank accounts to WeChat Pay HK for use in making payments in Hong Kong, China and Macau.
ESG / Sustainability
FSB Urges Standard Setters to Use TCFD Recommendations
22/12/2020
Using the TCFD recommendations as the basis for developing requirements or guidance for climate-related disclosures will help avoid the risk of market fragmentation, the FSB says.
Big Picture
ASIFMA Offers Recommendations to Address ESG Data Challenges
22/12/2020
The report, released by ASIFMA and FOSDA, says the recommendations are critical to supporting and enabling the further development of green and sustainable markets in Asia.
Press Release
Regulation Asia: Top Ten News Stories for 2020
22/12/2020
This list presents the most-read new stories published by Regulation Asia in 2020, based on aggregated user traffic analytics.
Press Release
Regulation Asia: Top Ten Contributed Articles for 2020
22/12/2020
This list presents the most-read contributed articles published by Regulation Asia in 2020, based on aggregated user traffic analytics.
Capital / Liquidity
Korea FSS Directs Kakao Bank to Enhance Risk Management
21/12/2020
Kakao Bank is directed to set up an effective emergency plan for responding to a crisis, including detailed financing options to deal potential capital shortfalls.
Securities / Derivatives
FSC Korea Unveils Additional Measures to Curb Illegal Short Selling
21/12/2020
The FSC will place new restrictions on market makers, revamp the rebate system, and set up a new monitoring system to detect illegal short selling activity.
Fintech / Regtech
RBI Invites Firms to Test Cross-border Payments Tech in Sandbox
21/12/2020
The RBI has reduced the net worth requirement of participating firms and said it will allow partnerships and LLPs to participate.
UPDATED – China to Establish Central Register for Movable Assets Pledged for Loans
21/12/2020
The change is reportedly seen as a significant step for China to bolster movable assets-backed financing, a key funding channel for SMEs.
Securities / Derivatives
China Seeks to Improve Market Quality with New Delisting Rules
21/12/2020
Companies will be automatically delisted if their shares close below 1 yuan, or their market value remains below 300mn yuan, for 20 consecutive trading days.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team