Enforcement

Ex-Shanghai Clearing House Chief Charged With Corruption

08/04/2021

Xu Zhen was charged with corruption and bribery for violating rules on executive pay to benefit himself and those close to him.

Securities / Derivatives

KRX Seeks Introduction of Dual-Class Share System

08/04/2021

A dual-class share system would help more unicorns to consider listing in the local market, KRX chairman Sohn Byung-doo says.

Crypto / Digital Assets

BNM to Explore Benefits of CBDC Issuance Through PoCs

07/04/2021

BNM does not have any immediate plans to issue a CBDC but will actively assess the potential value proposition of digital currencies.

AML / KYC

Japan Crypto Industry to Adopt Travel Rule by April 2022

07/04/2021

The FSA has written to the JVCEA advising it to start preparing for the implementation of the travel rule in Japan’s crypto industry.

Fintech / Regtech

Thailand to Start Testing Retail CBDC in Q2 2022

07/04/2021

The BOT says the retail digital baht will provide access to convenient and secure financial services without affecting Thailand’s financial system.

Fintech / Regtech

Japan Starts Testing Central Bank Digital Currency

07/04/2021

The first phase of testing will involve experiments on the basic functions of the CBDC as a payment instrument.

Fintech / Regtech

Thailand, Vietnam Launch Cross-Border QR Code Link

03/04/2021

The retail payment link will facilitate cross-border transactions between Thailand and Vietnam using local currencies.

Crypto / Digital Assets

PBOC Proposes Global Rules for CBDC Monitoring, Data Sharing

01/04/2021

The PBOC suggests CBDC systems of different jurisdictions should be interoperable for monitoring and information sharing.

Fintech / Regtech

BOJ Forms Committee to Lead CBDC Testing in April

01/04/2021

The BOJ Liaison and Coordination Committee will share details and provide updates on the PoC with the private sector and the government.