Structural Regulation

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.

CBDCs

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.

Anti-Money Laundering

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.

CBDCs

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.

CBDCs

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.

Payments & Settlements

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.

CBDCs

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.

CBDCs

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.

Credit Risk

China Proposes Tighter Rules for Credit Rating Agencies

30/03/2021

The proposed rules seek to strengthen supervision of credit rating agencies, improve their independence and quality controls, and ensure more realistic ratings.