
Regulation Asia relies on a team of journalists, writers and editors to cover regulatory announcements across Asia Pacific. [email protected]

CBDCs
BIS Innovation Hub Concludes Joint CBDC Experiment With BOE
19/06/2023
Project Rosalind explored how a universal and extensible API layer could connect central bank and private sector infrastructures and facilitate retail CBDC payments.

DeFi & Web3
Industry Raises Concerns Over SEC Proposal to Redefine Exchanges
18/06/2023
SIFMA says the SEC’s attempt to bring DeFi systems into scope could potentially subject other non-DeFi broker-dealer systems to unnecessary regulation.

Clearing & Post-Trade
FIA Issues Standard to Promote Timely Trade Give-Ups and Allocations
18/06/2023
The standard focuses on streamlining the delivery and processing of allocation instructions. A consultation on average pricing was also launched.

Capital Adequacy
FRAA Proposes Draft Metrics Framework for Assessing APRA, ASIC
18/06/2023
The framework will enhance the Financial Regulator Assessment Authority’s assessment toolkit and provide direct insights on APRA and ASIC’s activities.

Data Privacy
New Zealand Updates Expectations on Use of Generative AI
18/06/2023
New Zealand Privacy Commissioner Michael Webster said AI users and developers need to make sure they are compliant with privacy law.

Credit Risk
Taiwan Implements Additional Controls on Mortgage Lending
17/06/2023
The central bank attributed the tighter credit controls to the increasing number of individuals taking out mortgages for second homes.

DeFi & Web3
Banque de France Says Second Version of MiCA is Needed
17/06/2023
Francois Villeroy de Galhau highlighted that MiCA currently does not cover crypto conglomerates, crypto lending, DeFi and NFTs.

Structural Regulation
Fed Launches Database of Firms With Access to Master Accounts
17/06/2023
The database also lists financial institutions that have requested access to master accounts and services, and the status of each request.

Fraud, Scams & Cybercrime
TSB Calls on Meta to Take Responsibility for Social Media Frauds
16/06/2023
TSB says Meta should take five steps to protect consumers, including issuing a commitment to investigating and removing fraudulent content within 24 hours.

Liquidity Risk
FSB, IOSCO Set to Propose Reforms to Address Fund Liquidity Risk
16/06/2023
The FSB and IOSCO said that they will both be publishing consultation papers on liquidity risk management in early July.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.