Securities / Derivatives

PBOC to Improve Supervision Over Bond Rating Agencies

16/12/2020

PBOC vice president Pan Gongsheng said the development of China’s bond market was being hindered by false high ratings and insufficient discrimination among issuers’ credit risk.

Securities / Derivatives

ASIC Defers Super Fund Requirement to Disclose Portfolio Holdings

15/12/2020

The one-year deferral is necessary as supporting regulations have not yet been made. ASIC encourages super funds to voluntarily disclose portfolio holdings.

Securities / Derivatives

China’s DCE to Start Trading Hog Futures in January

15/12/2020

The CSRC has announced a launch date of 8 January 2021 for live hog futures to start trading on the Dalian Commodity Exchange.

Fintech / Regtech

Japan FSA to Allow Banks Use Customer Data for Targeted Ads

15/12/2020

The FSA will reportedly allow local banks to use their customers’ data for targeted advertising and sales activities.

AML / KYC

Hong Kong Set to Tighten Rules for Digital Wallets July 2021

15/12/2020

Non-real-name account holders will not be able to transfer money to other banks or e-wallets, or make cross-border remittances.

Press Release

Regulation Asia Awards for Excellence 2020 – Results Announcement

15/12/2020

Regulation Asia held its third annual Awards ceremony on 15 December 2020 to recognise those in the industry that have helped address changing regulatory requirements in Asia Pacific over the past year.

Press Release

ComplianceAsia Wins Compliance Service Provider of the Year

15/12/2020

ComplianceAsia advises firms on licensing matters, provides training for compliance staff, and helps clients enhance governance, internal controls, and risk management.

Press Release

PwC Wins Consulting Firm of the Year in Regulation Asia Awards

15/12/2020

PwC has been supporting banks across ASEAN with BCBS 239 compliance, LIBOR transition, data governance and IFRS 9 model development and validation.

Press Release

SGX Wins Exchange of the Year in Regulation Asia Awards

15/12/2020

SGX has this year been boosting awareness of ESG and sustainability issues, deploying innovative solutions to combat market abuse, and helping firms to mitigate Covid-19 disruptions.