ADVERTISEMENT
Cryptocurrency
India: Crypto Exchanges Call on NPCI to Restore UPI Services
By Mark Johnston | 22/06/2022
Since April, Indian crypto exchanges have not been able to accept deposits via the UPI. BACC members are asking for a reversal of the decision.
Conduct, Culture & Accountability
FMA Set Out Plan for Identifying Cases of Auditor Misconduct
By Editors | 22/06/2022
The FMA will perform audit quality reviews every two years for the big 4 audit firms and once every three years for the other registered audit firms.
Structural Regulation
Korea Post Offices to Start Offering Simple Banking Services
By Sanday Chongo Kabange | 22/06/2022
Korea’s post offices will start offering deposit, withdrawal, balance inquiry and ATM services of four banks – Kookmin, Shinhan, Woori and KEB Hana.
Trading & Investment
SSE, SZSE Issue Rules to Curb Convertible Bond Volatility
By Darien Choong | 22/06/2022
Daily price limits will be implemented for listed convertible corporate bonds. Excessive volatility will result in risk warnings.
Payments & Settlements
NPCI, Lyra Network Sign MOU to Allow UPI Payments in France
By Editors | 22/06/2022
The MOU will allow Indians to make payments in France using UPI and Rupay cards at terminals and ATMs provided by Lyra Networks.
Trading & Investment
Hong Kong Travel Restrictions Hindering Wealth Connect – Reports
By Sanday Chongo Kabange | 22/06/2022
Wealth Management Connect had attracted only 0.3 percent of the total quota since its inception in October. HKIFA calls for an end to quarantine rules.
Market Data & Technology
FIX Attains ISO Standardisation for Two Standards
By Editors | 22/06/2022
Participants will benefit from higher quality standards documents, which will lead to improved interoperability between implementations.
Payments & Settlements
Myanmar Considers Joining SPFS, Russia’s SWIFT Alternative
By Editors | 21/06/2022
Myanmar is negotiating the possibility of joining SPFS, an alternative to SWIFT, as well as the use of Russian Mir cards in Asia.
Cryptocurrency
BIS Vision for Monetary System Doesn’t Include Crypto
By Manesh Samtani | 21/06/2022
BIS says crypto and DeFi have structural limitations and inherent risks that make them unsuitable for the future digital monetary system.
Clearing & Post-Trade
HKEX to Enhance Clearing Flexibility for Stock Trades – Report
By Editors | 21/06/2022
HKEX plans to allow market participants to appoint multiple clearing banks for stock trades, a move already made for futures traders.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.