Fintech / Regtech

Thailand Eases Rules for FX Business Operators

23/11/2022

The new rules will help promote innovation by foreign exchange service providers while also reducing the operational burden associated with licensing.

Korea to Boost Credit Availability for Low-credit Borrowers

23/11/2022

The FSC will lower the regulatory burden on lenders so they can expand the supply of credit to lower income and low-credit borrowers.

Crypto / Digital Assets

MAS Explains Different Treatment of Binance, FTX

23/11/2022

While both Binance and FTX are not licensed Singapore, only Binance was “actively soliciting users” in Singapore, so it was added to the Investor Alert List.

ESG / Sustainability

ESMA Proposes New Rules for ESG and Sustainability Labelled Funds

21/11/2022

A fund with ESG-related terms in its name will have to use at least 80% of its investments to meet environmental or social characteristics or sustainable investment objectives.

RBNZ Proposes More Intensive Approach to Supervising Insurers

17/11/2022

The RBNZ is consulting on governance, risk management, accountability for key officers, supervisory oversight, and data disclosures.

Fintech / Regtech

Bursa Malaysia Launches New Portal for Fund Investors

15/11/2022

The platform allows investors to view fund information, compare funds, create watchlists, and communicate with fund managers.

Fintech / Regtech

Five ASEAN Central Banks Sign MoU on Payments Connectivity

15/11/2022

The MoU is the first that brings together multiple ASEAN central banks under a single multilateral agreement to enhance cross-border payments.

Capital / Liquidity

PBOC, CBIRC Set Out Rescue Plan for Property Market

15/11/2022

The new measures are being hailed as a “turning point” for the property sector, which accounts for a quarter of China’s economy.

Capital / Liquidity

RBNZ Proposes Rules for Imposing Mortgage Lending Limits

10/11/2022

The earliest date the RBNZ could implement DTI restrictions on residential mortgage lending is likely to be March 2024.