Sanctions

Russia-EU Gas Flows via Ukraine Come to a Halt

06/01/2025

The European Commission said most EU states could cope with the change. Gazprom will lose around $5bn in annual gas sales.

ESG / Sustainability

Regulation Asia: Top 10 Contributed Articles for 2024

05/01/2025

This list presents the most-read contributed articles published by Regulation Asia in 2024, based on aggregated user traffic.

AML / KYC

India to Implement Payee Name Checking on RTGS, NEFT by April

05/01/2025

Banks have until 1 April 2025 to implement the beneficiary account name look-up facility for RTGS and NEFT transfers.

China NFRA Offers FIs Flexibility to Optimise Governance Structures

05/01/2025

As permitted by the revised Company Law, FIs can disband the board of supervisors and instead have its duties performed by the board-level audit committee.

Securities / Derivatives

HKIC Selects Four Firms to Manage New CIES Portfolio

05/01/2025

Betatron Venture Group, Inno Angel Fund, MindWorks Capital and Radiant Tech Ventures were appointed to manage the new CIES investment portfolio.

AML / KYC

China Consults on Draft CFT rules for Social Organisations

05/01/2025

Under the rules, social organisations have to undertake periodic TF risk assessments and implement risk prevention measures commensurate with their TF risks.

ESG / Sustainability

Philippine SEC Issues Draft Framework for Green Equity Offerings

05/01/2025

The ‘green equity’ designation signifies that over 50% of both revenue and investments are linked to green activities.

AML / KYC

Taiwan to Loosen Rules Imposed on Overseas Securities Clients

04/01/2025

The FSC will make account opening, order verification and fund deposits more convenient for overseas clients

Sanctions

US Sanctions Iranian, Russian Entities for Election Interference

04/01/2025

OFAC said affiliates of Iran’s IRGC and Russia’s GRU aimed to stoke socio-political tensions and influence the 2024 US election