Editors
Regulation Asia relies on a team of journalists, writers and editors to cover regulatory announcements across Asia Pacific. [email protected]
Articles by Editors
Capital Adequacy
Taiwan FSC Orders Insurers to Raise RBC Ratios or Face Takeover
13/04/2023
The FSC has ordered CTBC, Fubon, Tokio Marine and Hotai to raise capital by the end of June this year or face takeover within 90 days.
Cryptocurrency
Crypto Regulation is an Opportunity for Industry: Ding Chen, Bullish
13/04/2023
Ding Chen at digital asset exchange Bullish says increasing regulation presents an opportunity for crypto firms to gain a competitive advantage.
Resolution & Recovery
UBS-Credit Suisse Merger Continues to See Opposition
13/04/2023
Swiss lawmakers symbolically voted against a liquidity package to support the merger, which is expected to formally close within a few months.
Credit Risk
RBI Directs Lenders to Charge Loan Penalties More Fairly
13/04/2023
The RBI said penal charges on loans are intended to “inculcate a sense of credit discipline among borrowers” and as a “revenue enhancement tool”.
Climate Risk
Blockchain Can Revolutionise Energy Sector – WEF Report
13/04/2023
The report offers guidance on conducting impact assessments of blockchain projects that encompasses environmental, social and economic impacts.
PEPs & Sanctions
US, UK Announce Coordinated Sanctions Targeting Russia Facilitators
13/04/2023
US sanctions include International Investment Bank, a Russia-controlled financial institution in Hungary, and three of its current and former executives.
Conduct, Culture & Accountability
Super Funds that Fail Performance Test Must Improve Communications
13/04/2023
ASIC reviewed the performance communications of four super funds that failed APRA’s annual performance test for the second time last year.
Operational Risk
APRA to Defer Effective Date of New Operational Risk Standard
13/04/2023
APRA will move the effective date for the new operational risk management standard to 1 July 2025, one year later than was proposed.
Cryptocurrency
FTX Has Recovered Over $7.3b in Cash & Liquid Crypto
13/04/2023
FTX attorney Andy Dietderich reportedly said the situation has stabilised and “the dumpster fire is out”.
Fraud, Scams & Cybercrime
UK Tables Amendment to Introduce ‘Failure to Prevent Fraud’ Offence
13/04/2023
Prosecutors will be able to hold large companies to account if they do not have reasonable measures in place to prevent fraud by an employee.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.