ADVERTISEMENT
Cloud & Infrastructure
BOT Issues Guidance on Blockchain Adoption in Financial Services
By Sanday Chongo Kabange | 01/08/2021
The guideline covers blockchain application in financial businesses, project governance, security standards, and risk management, among other areas.
Structural Regulation
US SEC to Require New Disclosures from Chinese Issuers
By Manesh Samtani | 31/07/2021
Chinese issuers with VIE structures will have to “prominently and clearly” disclose that they face uncertainty about future actions by the Chinese government.
Structural Regulation
BSP Grants Fourth Digital Bank Licence to UnionBank
By Editors | 31/07/2021
UnionBank is the latest to receive the licence after Landbank’s Overseas Filipino Bank, Tonik Bank, and UNOBank.
Cybersecurity
NZ FMA Issues Cyber Resilience Guidance for Financial Advisers
By Sanday Chongo Kabange | 30/07/2021
Under New Zealand’s new financial advice regime, many individuals and entities have not previously been subject to compliance obligations for cybersecurity.
Structural Regulation
China Will Still Allow IPOs in the US, CSRC Tells Brokers
By Sanday Chongo Kabange | 29/07/2021
Regulators will continue to allow VIE structures, recognising that they serve as a vital way for companies to attract foreign capital.
Payments & Settlements
Korea FSC Expands Open Banking Services to Fintechs
By Sanday Chongo Kabange | 29/07/2021
Users will be able to access information about their prepaid deposit accounts from mobile applications of any FI offering open banking.
Conduct, Culture & Accountability
Culture & Conduct Risk: The Normalization of Deviance
By Stephen Scott | 29/07/2021
Many still believe that misconduct can be discovered only after it occurs: a ‘detect and correct’ mindset. Starling’s Stephen Scott says a ‘predict and prevent’ approach is starting to emerge.
Structural Regulation
CSRC Approves China Telecom Shanghai IPO Following US Ban
By Sanday Chongo Kabange | 28/07/2021
China’s flow of IPOs to the US is expected to ease, with companies instead choosing to list in Shanghai, Shenzhen, or Hong Kong.
Emerging Prudential Risks
Australia: Mutual Banks Face “Avalanche” of Regulatory Change
By Manesh Samtani | 28/07/2021
A new benchmarking report from GRC Solutions highlights the challenges incoming regulatory requirements are presenting to the mutual banking sector.
Cloud & Infrastructure
Beijing Financial Court Launches Fintech Legal Research Centre
By Sanday Chongo Kabange | 28/07/2021
The Beijing Fintech Legal Research Centre will research fintech compliance standards, explore regulatory models, and drive fintech legal advances.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.