ADVERTISEMENT
Reporting on regulatory frameworks and rules governing market design, authorisation, and oversight of key financial market participants and infrastructures.

Credit Risk
Australia Launches Inquiry to Improve Access to Home Loans
By Ranamita Chakraborty | 16/08/2024
Senator Andrew Bragg said the inquiry will examine bank lending practices and barriers that hinder access to finance for first home buyers.

PEPs & Sanctions
Russian Central Bank Cancels Banking Licence of Amex Unit
By Manesh Samtani | 16/08/2024
American Express was given approval to liquidate its Russian business in May, two years after it suspended operations in the country.

Structural Regulation
MAS Consults on Changes to Financial Statement Requirements for CIS
By Nithya Subramanian | 16/08/2024
MAS has proposed allowing authorised schemes to adopt SFRS (I) instead of RAP 7, while retaining certain critical disclosures within the CIS Code.

Trading & Investment
Shenzhen, Dubai Sign MOU on Capital Markets Cooperation
By Editors | 16/08/2024
Under the MOU, SZSE and DFM will explore the potential for future dual listings and ETF connectivity between the two markets.

Cryptocurrency
US IRS Publishes Updated Tax Reporting Form for Crypto
By Editors | 15/08/2024
The updated Form 1099-DA, which will start to apply in early 2026, is more streamlined than the version proposed in April.

Structural Regulation
FSA Japan Launches Probe into Cross-Shareholdings Disclosures
By Mark Johnston | 15/08/2024
The FSA will investigate whether 4,000 listed companies are transparently and accurately reporting their strategic shareholdings.

Trading & Investment
Foreign Firms in China Struggle to Meet Demand for Overseas Assets
By Manesh Samtani | 14/08/2024
The high demand is reportedly causing foreign firms in China to ration their QDII quotas. Meanwhile, the QDLP programme is under fresh scrutiny from regulators.

Trading & Investment
Korea on Track to Launch New ‘Value-Up Index’ Next Month
By Manesh Samtani | 14/08/2024
New FSC Chairman Kim Byoung-hwan said the new index will launch “without a hitch” in September and related ETFs in Q4 this year.

PEPs & Sanctions
US to Remove Chinese Laser Sensor Maker from Blacklist
By Editors | 14/08/2024
The Department of Defence has reportedly decided to remove Hesai Technology Co Ltd from its blacklist of Chinese military-affiliated companies.

Conduct, Culture & Accountability
ASIC Commences Legal Action Against ASX Over Misleading Statements
By Sanday Chongo Kabange | 14/08/2024
ASIC alleges that ASX’s claims in February 2022 that the CHESS replacement project was tracking to plan were “misleading and deceptive”.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.