ADVERTISEMENT
LATEST NEWS
Crypto / Digital Assets
Thai SEC to Allow Private Funds to Invest in Spot Crypto ETFs
By Editors | 14/03/2024
SEC Secretary General Pornanong Budsaratragoon said the funds can only be offered to institutional investors and ultra-high-net-worth investors.
Sanctions
US Extends Iran Sanctions Waiver Used by Iraq
By Editors | 14/03/2024
The waiver allows Iraq to pay Iran for electricity and natural gas imports into escrow accounts, where the funds can only be used for humanitarian supplies.
Capital / Liquidity
Bangladesh Introduces Strict Measures Targeting Wilful Defaulters
By Ajoy K Das | 14/03/2024
Wilful defaulters will not be allowed to travel, secure trade licences, register companies, or serve as a director of any financial institution.
Sanctions
EU Considers Sanctions Package Targeting Russia Facilitators
By Editors | 14/03/2024
The EU sanctions could target Belarus, North Korea, Iran and other third countries where entities enable Russian access to weapons and sensitive technology.
Securities / Derivatives
New Regulatory Framework for Index Providers Takes Effect in India
By Ajoy K Das | 14/03/2024
Index providers that administer significant indices consisting of India-listed securities for use in the Indian market have six months to register.
AML / KYC
Use of AI for AML Could Lower Effectiveness: Report
By Bradley Maclean | 14/03/2024
A new report from NICE Actimize and Regulation Asia sheds light on APAC’s use of technology to fight financial crime.
Enforcement
APRA Removes NAB’s Capital Add-On for Operational Risk
By Sanday Chongo Kabange | 14/03/2024
APRA has removed the A$500mn capital add-on it imposed on NAB in 2019 to reflect higher operational risk identified in its risk governance self-assessment.
Capital / Liquidity
China Directs Banks to Stop Issuing Guarantees for LGFV Bonds
By Editors | 14/03/2024
An estimated $445bn worth of public bonds issued by local government financing vehicles need to be repaid by the end of 2024.
Crypto / Digital Assets
Crypto Major OKX Wins In-principle Approval in Singapore
By Ranamita Chakraborty | 14/03/2024
OKX will focus on spot products first while it works to bring local banking connections to customers “as soon as possible”.
China Pledges to More Support for Innovation, Green Development
By Editors | 14/03/2024
The NFRA is looking to enrich the green financial product ecosystem, and potentially using state-run asset managers to invest in innovative firms.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team