Nithya Subramanian
Nithya Subramanian, a deputy editor at Regulation Asia, has wide experience covering the financial sector in India and Singapore. She has written extensively about wealth management, capital markets and insurance sectors tracking policy and corporate developments. Researching and writing about the South Asian diaspora settled in Singapore and the region is another area of interest. She has a post-graduate degree in English literature. Reach out to her at nithya@regulationasia.com
Articles by Nithya Subramanian
HSBC Announces Restructuring of Business Operations to Boost Efficiency
24/10/2024
HSBC said the new structure will reduce duplication of processes and decision making and result in greater agility in serving customers.
Fintech / Regtech
US CFPB Finalises Open Banking Rule, Giving Consumers Control Over Data
24/10/2024
The new rule aims to promote competition, improve services, and enhance privacy protections for consumers, but some banking groups have challenged it.
Securities / Derivatives
SEBI Extends Insider Trading Regulations to Mutual Funds
24/10/2024
Starting next month, AMCs must disclose the details of the designated persons, trustees and immediate relatives, as well as their holdings.
Securities / Derivatives
Vietnam to Ease Account Opening Process for Foreign Investors
24/10/2024
The SBV is drafting a circular to simplify the opening and management of Vietnamese dong-denominated accounts for foreign investors.
Enforcement
US Court Indicts Two Sudanese Nationals Linked to DDoS Attacks
23/10/2024
The two men operated and controlled Anonymous Sudan, a cybercrime group responsible for several DDoS attacks in the US and elsewhere.
Fintech / Regtech
CBM Inspects MyanmarPay Pilot Ahead of December Launch
23/10/2024
The national project aims to integrate QR payments across banks and financial service providers, with phased testing currently underway.
AML / KYC
Singapore Raises Concerns Over Surge in Scams on Telegram
23/10/2024
During the first half of 2024, the number of scam cases reported on Telegram spiked by 137%, said Singapore minister Sun Xueling.
Enforcement
RBI Halts Loan Activities of Four NBFCs Over Compliance Issues
23/10/2024
The RBI ordered four NBFCs to stop disbursing new loans due to excessively high rates which are non-compliant with regulatory guidelines.
AML / KYC
MAS, ABS Issue Guidance on Conducting AML/CFT Audits
22/10/2024
MAS issued a circular offering guidance for AML/CFT audits at FIs, while the ABS released a best practice paper to enhance audit standards.
Enforcement
US SEC Fines WisdomTree for ESG Compliance Failures
22/10/2024
The investment adviser agreed to pay a $4mn fine for failing to exclude fossil fuel and tobacco investments from its ESG-marketed funds.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team