ADVERTISEMENT

Structural Regulation
UK FCA Consults on Regulatory Approach for Overseas Funds
By Editors | 05/12/2023
The new regime will provide a “streamlined process” for overseas funds to market to UK retail customers if the government finds a jurisdiction equivalent.

Climate Risk
CFTC Proposes Standards for Carbon Credit Derivatives
By Editors | 05/12/2023
The guidance adopts standards from the ICVCM’s Core Carbon Principles and introduces quality standards for carbon offsets tied to derivative contracts.

Liquidity Risk
MAS Proposes Revisions to Capital Framework for AEs & ACHs
By Editors | 05/12/2023
The current capital framework for Approved Exchanges and Approved Clearing Houses may not adequately address liquidity risks, MAS said.

Payments & Settlements
HKMA, BOT Launch Cross-border QR Payment Linkage
By Editors | 05/12/2023
Travellers from Thailand and Hong Kong can make retail payments by using their mobile banking apps to scan the Hong Kong and Thai QR codes displayed by merchants.

Cryptocurrency
Cristiano Ronaldo Facing Class Action Over Binance Endorsement
By Editors | 04/12/2023
The $1bn lawsuit claims the endorsement led the plaintiffs to make loss-making investments, including in “CR7” branded NFTs.

Payments & Settlements
StanChart HK Becomes Participant of China’s CIPS
By Editors | 04/12/2023
The bank is the first and only foreign bank in the offshore market to directly participate in CIPS.

Cryptocurrency
IOSCO Chair Calls for Coordinated Response to Crypto Challenges
By Ranamita Chakraborty | 04/12/2023
Jean-Paul Servais and Tuang Lee Lim from IOSCO highlight the need for standardised guidelines for crypto, digital assets and sustainability.

Climate Risk
IOSCO Proposes 21 Good Practices to Promote VCM Integrity
By Manesh Samtani | 04/12/2023
The Good Practices cover regulatory frameworks, primary market issuance, secondary market trading, and use and disclosure of use of carbon credits.

Payments & Settlements
Payments Into Europe Can Now Reach Beneficiaries “in Seconds”: Swift
By Editors | 03/12/2023
The EPC’s One-Leg-Out Instant Credit Transfer scheme enables payments to and from Europe to be processed 24 hours a day, seven days a week.

Clearing & Post-Trade
RBI, BOE Agree to Cooperate on CCIL Information Exchange
By Manesh Samtani | 03/12/2023
The BOE recognises the “primacy” of the RBI in supervising India-based CCPs and agrees to rely on home country regulation and supervision.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.