Editors
Regulation Asia relies on a team of journalists, writers and editors to cover regulatory announcements across Asia Pacific. [email protected]
Articles by Editors
Trading & Investment
FSB Considers Ways to Enhance Resilience of CP and CD Markets
22/05/2024
CP and CD markets feature limited secondary market activity due to the buy-and-hold nature of these instruments, the FSB says.
Trading & Investment
UK Regulators Fine Citi Over Trader’s Mistake, Control Failings
22/05/2024
A trader inadvertently placed sell orders worth $444bn instead of $58 million. Citi’s electronic trading system generated additional erroneous orders.
Payments & Settlements
HKMA Announces Refinements to USD Liquidity Facility
22/05/2024
The settlement date will be the same day as the tender date (T+0), instead of the business day after the tender date (T+1).
Liquidity Risk
FSC Korea to Further Normalise Bank LCR Requirement in H2
22/05/2024
The FSC also decided to extend regulatory relaxations available to financial investment companies, specialised credit finance businesses, and savings banks.
Market Abuse
LIBOR Convictions to be Raised With UK Supreme Court
22/05/2024
The Court of Appeal opened the door for Tom Hayes and Carlo Palombo to directly apply to the Supreme Court for permission to appeal their convictions.
Credit Risk
FSC Korea Proposes Rule Changes to Boost Microfinance Support
22/05/2024
The FSC proposes to temporarily increase the rate of contributions financial companies make towards providing microloans to vulnerable individuals.
Conduct, Culture & Accountability
FDIC Chair to Step Down Over Culture Problems
22/05/2024
An independent review found a toxic work environment at the FDIC over decades, including “demeaning and inappropriate” interactions with staff by current chair Martin Gruenberg.
PEPs & Sanctions
Canada Announces Sanctions Targeting DPRK-Russia Arms Trade
22/05/2024
Two individuals and six entities were sanctioned for their involvement in the transportation of weapons from North Korea to Russia.
Trading & Investment
Korea: FSS Head Considers Partial Lifting of Short Selling Ban
22/05/2024
FSS Governor Lee Bok-hyun said he personally wishes to allow short selling practices in June, at least partially.
Payments & Settlements
Swift Enables Banks to Improve Services for Corporates
22/05/2024
Swift will extend ISO 20022 across the entire payment chain, and provide ready-to-use, white-labelled payment tracking services via API.
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