Capital / Liquidity

Cambodia Issues New Rules on Capital Adequacy, Credit Risk

05/07/2023

The NBC says the new rules will incentivise lenders to release more loans to businesses and ensure finance is available at “reasonable interest rates”.

Market Infrastructure

SEBI Consults on Consolidated Cyber Resilience Framework for REs

05/07/2023

The new draft master framework, open for consultation until 25 July, consolidates 15 individual circulars on cybersecurity issued since 2015.

Enforcement

APRA Fines BNK Banking Corp for Late Reporting of EFS Data

04/07/2023

APRA said BNK Banking Corporation was 32 days late in filing statistical reports for the month ending 28 February 2023.

Sanctions

China to Impose Export Controls on Key Chipmaking Metals

04/07/2023

China says the imposition of export curbs on gallium and germanium is to safeguard national security and interests.

Crypto / Digital Assets

Hong Kong Establishes Task Force to Advance Web3 Development

03/07/2023

The task force will bring together industry leaders and regulators to provide advice on developing Hong Kong into a Web3 hub.

AML / KYC

AUSTRAC Spares Bell Financial from Further Regulatory Action

03/07/2023

AUSTRAC received audit reports for three Bell Financial Group entities and decided not to undertake further regulatory action against them.

Market Infrastructure

SEBI Issues Rules Requiring CRAs to Name Uncooperative Issuers

03/07/2023

SEBI has issued new rules to address the growing number of issuers refusing to provide information to CRAs to properly assess their credit risk.

Crypto / Digital Assets

Korean Authorities Probes Crypto Lender Delio Over Fraud Allegations

03/07/2023

Regulators are investigating Delio on suspicions that it engaged in fraudulent activities, embezzlement and breach of trust.

Fintech / Regtech

RBI Launches New Centralised Information Management System

03/07/2023

The new system uplifts the RBI’s ability to handle large data flows, aggregate data, perform analysis, disseminate information to the public, and engage with reporting entities.