Asia-Pacific

New framework will task companies known as ICO portals with screening issuers and cap retail investment in ICO projects, starting from 16 July.

Former SBV deputy governor received a three year jail sentence for his role in a mismanagement and loan underwriting scandal that led to losses of $655 million at Vietnam Construction Bank

Security companies in Thailand are looking to join hands in setting up a crypto exchange, believing customers will prefer trading with known securities businesses.

Cagayan Economic Zone Authority will issue 25 licences for crypto exchanges to operate in the economic zone; authority to focus on regulations that protect investors.

The Colombo Stock Exchange and the securities regulator are launching an SME board next week to encourage equity financing by small firms and boost growth and corporate governance in the sector.

Former SBV deputy governor is being charged with dereliction of duty following a $655mn fraud case arising from government restructuring of weak public sector banks in 2013.

The 2016 restriction on lending in foreign currencies has been removed in order to allow banks to inject overseas-sourced funding into the country's economy.

Only members of PSE index and ETFs are eligible for short selling, up to a maximum of 10% of outstanding shares; naked short selling not permitted.

Statement jointly issued by three government agencies says trading cryptocurrency without a licence is illegal, without defining licensing process or requirements.

The six month transition period put in place in December 2017 to allow firms to obtain LEIs to comply with MIFID will end on 2 July 2018, as ESMA rules out any extensions in a new statement.