ADVERTISEMENT
Structural Regulation
Taiwan to Impose Tighter FX Rules to Curb Currency Speculation
By Ranamita Chakraborty | 04/02/2021
The move follows a probe into dubious currency practices at eight major grain merchants in Asia, facilitated by six foreign banks.
Payments & Settlements
SWIFT Forms Majority-owned Joint Venture with PBOC
By Editors | 04/02/2021
The venture will be able to obtain necessary licences for network management activities, for compliance with local regulations.
Conduct, Culture & Accountability
CBIRC Identifies Consumer Rights Violations at Everbright Bank
By Editors | 04/02/2021
Financial institutions are asked to use the case as a reference for improving their own consumer rights protection mechanisms.
Structural Regulation
Indonesia Completes Merger of Three State Owned Banks
By Ranamita Chakraborty | 04/02/2021
With total assets of over $17bn, Bank Syariah Indonesia is now one of the largest sharia banks in the country.
Market Abuse
Asian Regulators Issue Warnings as GameStop Remains in Focus
By Manesh Samtani | 04/02/2021
Authorities in Hong Kong, Singapore, Korea and Malaysia are among those issuing warnings of possible investor losses as heightened volatility continues.
Capital Adequacy
Korea Raises Capital Requirements at Private Equity Funds
By Editors | 04/02/2021
The minimum required capital will be raised from 100mn to 300mn won. Private equity funds with high leverage will need 500mn won.
Capital Adequacy
UPDATED – Chinese Regulators Agree on Ant Group Restructuring Plan
By Editors | 03/02/2021
Under the plan, Ant Group will fold all of its businesses into a financial holding company that will be subject to PBOC oversight and capital requirements.
Trading & Investment
FSC Korea to Allow Partial Resumption of Short-selling in May
By Manesh Samtani | 03/02/2021
By May, new rules will be in place to guard against illegal short selling, prevent abuse by market makers, and increase retail investor access to short-selling opportunities.
Trading & Investment
Korea Likely to Extend Short-selling Ban Amid Political Pressure
By Ranamita Chakraborty | 02/02/2021
The FSC has previously said it would lift the short-selling ban in March, but it is now increasingly likely the ban will be extended another three months.
Payments & Settlements
Hong Kong MPFA Awards eMPF Contract to PCCW Solutions
By Ranamita Chakraborty | 02/02/2021
PCCW Solutions will build, implement, operate and maintain Hong Kong’s new eMPF Platform, with Singapore’s iFAST as its prime subcontractor.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.