ADVERTISEMENT
Cryptocurrency
Thai SEC Proposes to Tighten Rules for ICO Portals
By Editors | 28/06/2022
ICO portals cannot provide services for digital token offerings if there is a conflict of interest, such as in situations where they hold shares in the issuer.
Conduct, Culture & Accountability
Australia Gets New Life Insurance Code of Practice
By Editors | 28/06/2022
The new Life Code takes effect on 1 July 2023, providing the industry with twelve months to transition and make the necessary systems changes.
Trading & Investment
CSRC Issues Draft Rules on Pension Investment in Mutual Funds
By Darien Choong | 28/06/2022
Under a new scheme, private pension funds can invest in mutual funds. Initially, only mutual funds with at least CNY 50 million of assets are eligible.
Sustainable Finance
G7 Announces Initiative to Counter Belt and Road Initiative
By Editors | 28/06/2022
The US plans to contribute USD 200 billion to the new initiative, while the rest of the G7 will contribute another USD 400 billion.
PEPs & Sanctions
Sanctions Force Russian Sovereign Debt Default
By Editors | 28/06/2022
Russia made USD 100 million in payments due on 27 May to Euroclear, but the funds were not delivered to investors due to sanctions.
Conduct, Culture & Accountability
SFC Fines CES Capital for Fund Management Failures
By Editors | 28/06/2022
CES Capital International failed to perform sufficient due diligence and monitoring of the underlying investments of two funds.
Trading & Investment
CBIRC Approves Goldman-ICBC Launch of Wealth Management JV
By Editors | 28/06/2022
Goldman Sachs ICBC Wealth Management, set up in May last year, becomes the fourth Sino-foreign wealth management JV approved to commence operations.
Structural Regulation
China Tightens Anti-Monopoly Rules to Improve Oversight
By Editors | 28/06/2022
The amendments seek to encourage innovation while also protecting fair competition in the market, incuding by raising penalties for monopolistic behaviour.
Conduct, Culture & Accountability
ASIC Issues New Guidance on Product Design and Distribution
By Editors | 28/06/2022
ASIC has identified behavioural levers that can influence consumer outcomes and situational vulnerabilities that can amplify poor outcomes.
Trading & Investment
US Lawmakers Conclude Review Into Meme Stock Market Event
By Editors | 28/06/2022
A House committee says the SEC should introduce a liquidity rule for clearing brokers and FINRA should establish liquidity planning requirements.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.