Markets & Infrastructure

Cryptocurrency

FSS Korea Issues 2024 Virtual Asset Supervision Workplan

By Manesh Samtani | 19/03/2024

The supervision work plan includes measures to support regulatory compliance by VASPs ahead of the Virtual Asset Users Protection Act coming into force on 19 July 2024.

Trading & Investment

Taiwan FSC Conducting Inspections at ETF Issuers – Report

By Editors | 18/03/2024

One of the areas the FSC is scrutinising is the use of online influencers by fund houses to promote their products.

Payments & Settlements

China UnionPay Launches Project to Optimise Payment Services

By Editors | 18/03/2024

China UnionPay will spend CNY 3 billion on acceptance terminal upgrades, signage placement and publicity in key cities.

Anti-Money Laundering

Japan to Offer Investment Visas to Venture Capitalists – Report

By Editors | 18/03/2024

A new five-year residency visa will reportedly be available to angel investors and venture capitalists in the next few months.

Conduct, Culture & Accountability

FSC Korea to Take Hana CEO DLF Case to Supreme Court

By Editors | 18/03/2024

The FSC has decided to appeal a High Court ruling that nullified a reprimand warning imposed on Hana Financial Group CEO Ham Young-joo in 2020.

Structural Regulation

CSRC Unveils New Policies for Boosting Stock Market Quality

By Manesh Samtani | 18/03/2024

The policies tighten the rules for IPO applicants, increase oversight of listed companies, and impose obligations on brokers and investment banks.

Clearing & Post-Trade

SEBI to Scale Back Launch of Optional T+0 Settlement Cycle

By Ajoy K Das | 18/03/2024

SEBI said the “beta version” of the optional T+0 settlement system has been approved by its board, but only for a “limited set of 25 scrips” and “with a limited set of brokers”.

Payments & Settlements

UK Drafts ‘Debanking’ Law in Wake of NatWest Controversy

By Mark Johnston | 18/03/2024

HM Treasury has proposed legislation that aims to protect consumers from arbitrary financial exclusion based on political views.

Structural Regulation

SEBI Exempts Certain FPIs from Additional Disclosure Requirements

By Ajoy K Das | 16/03/2024

SEBI also approved two other proposals, one to relax the timelines for disclosures of material changes, and the other to allow FPIs to reactivate an expired registration.