ADVERTISEMENT
PEPs & Sanctions
Australia Sanctions More Russian Lawmakers, US Blocks Port Access
By Editors | 26/04/2022
Australia has now sanctioned nearly 750 individuals and entities in response to the war in Ukraine. Russian-affiliated vessels are prohibited from entering US ports.
Market Data & Technology
SEBI Issues Operational Guidelines for DLT-based Platform
By Editors | 25/04/2022
The new DLT-based platform is designed to monitor security creation, covenants and asset cover of non-convertible securities.
Trading & Investment
China Officially Launches Voluntary Private Pension Scheme
By Editors | 25/04/2022
Employees will be allowed to contribute up to CNY 12,000 annually to individual pension accounts, which can be invested in relatively lower risk and longer-term financial products.
Supervision & Enforcement
Australian Court Orders Westpac to Pay A$113m in Penalties
By Editors | 25/04/2022
The penalties are the result of six proceedings brought by ASIC in November. Westpac had already agreed to pay the penalties and customer remediation.
Structural Regulation
SSE, SZSE Finalise Rules Changes to Enhance Bond Market
By Darien Choong | 25/04/2022
The regulations simplify bond listing requirements, promote greater market participation, and create a more standardised and transparent bond market.
Trading & Investment
SEHK Adopts New Rules for Bookbuilding, Placing Activities
By Editors | 25/04/2022
The listing rule amendments, due to take effect in August, are a consequence of changes to the Code of Conduct finalised by the SFC in October.
Reporting & Disclosures
Malaysia to Enhance Governance at State-backed Investment Firms
By Mark Johnston | 24/04/2022
Among other things, the PGG recommends that female directors comprise a minimum 30 percent of a GLIC’s board.
Payments & Settlements
US Agencies Target MoneyGram Over Delayed Remittances
By Editors | 24/04/2022
The complaint says the delays caused harm to recipients who were waiting for their money that had become “stuck in” or “looped” in MoneyGram’s systems.
Payments & Settlements
Thailand Relaxes Foreign Exchange Regulations for Businesses
By Editors | 24/04/2022
The BOT is scrapping a $50mn annual limit on lending to unaffiliated companies in foreign countries, as well as limits on purchases of overseas real estate.
Conduct, Culture & Accountability
MAS Consults on Revised Misconduct Reporting Requirements
By Manesh Samtani | 24/04/2022
Misconduct reports will have to be submitted to MAS within 21 calendar days after an FI has found reasonable grounds to believe that misconduct has been committed.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.