Digital Assets

Reporting & Disclosures

UK, Singapore to Deepen Collaboration on FinTech, Sustainable Finance

By Editors | 26/11/2022

The UK and Singapore agreed to deepen cooperation on FinTech and sustainable finance, including to explore a global framework for regulating ESG ratings and data providers.

Fraud, Scams & Cybercrime

INTERPOL Operation Sees $129m in Crypto Assets Seized

By Editors | 25/11/2022

Operation Haechi III resulted in the arrest of 975 individuals and allowed investigators to resolve more than 1,600 fraud and scam cases.

Clearing & Post-Trade

DBS Completes First Intraday Repo Trade on JPM Blockchain Network

By Editors | 24/11/2022

DBS said it is the first Asian bank to complete an intraday repo transaction using the Onyx network, created by JP Morgan in 2020.

Cryptocurrency

ASIC Commences Proceedings Over Unlicensed Crypto Products

By Editors | 24/11/2022

ASIC said some of Block Earner’s fixed yield earning products should have been licensed as managed investment schemes.

Payments & Settlements

IMF Shines Spotlight on Benefits of Instant Payments

By Sanday Chongo Kabange | 24/11/2022

The IMF says demand attributes and benefits offered by instant payments may make CBDC less compelling if issued.

Market Abuse

Korea Prosecutors Seize $104m from Terra Co-founder

By Editors | 23/11/2022

Prosecutors seized and froze USD 104.4 million in assets belonging to Daniel Shin, representing profits from the sale of pre-issued LUNA tokens to investors.

Cryptocurrency

MAS Explains Different Treatment of Binance, FTX

By Sanday Chongo Kabange | 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.

Anti-Money Laundering

Regulation Asia Awards for Excellence 2022 – Results Announcement

By Editors | 23/11/2022

Regulation Asia held its fifth annual Awards ceremony on 22 November 2022. Here we explain our methodology and announce the winners for the year.

Structural Regulation

ISDA Recognised for Outstanding Contribution to Regulatory Reforms

By Editors | 22/11/2022

The International Swaps and Derivatives Association (ISDA), was awarded outstanding contribution to regulatory reforms at Regulation Asia’s 5th annual awards ceremony.