Crypto / Digital Assets

Tokyo Police Arrest Eight in Connection with Cryptocurrency Pyramid Scheme

19/11/2018

The suspects allegedly solicited investments in what they claimed was a US investment firm, collecting over $72mn in cash and cryptocurrencies from about 6,000 people.

Market Infrastructure

Singapore Banking Body Publishes Cybersecurity Assessment Guidelines

16/11/2018

The guidelines provide financial institutions with best practices and guidance on planning and conducting Red Teaming exercises to enhance security testing.

Fintech / Regtech

India’s Modi Launches Online Marketplace for Fintech Services

16/11/2018

India’s Prime Minister Narendra Modi on 14 November at Singapore Fintech Festival announced the launch of APIX, an online marketplace and sandbox for cross-border fintech services.

Crypto / Digital Assets

Regulation Asia Awards for Excellence 2018 – Results Announcement

16/11/2018

Regulation Asia held its first ever Awards ceremony on 13 November to recognise technology companies, legal and consulting firms, and exchanges that have helped shape the regulatory landscape in Asia Pacific over the past year.

Securities / Derivatives

Philippines Enhances Fair Value Pricing of Financial Instruments

16/11/2018

The new guidelines tweak rules on marking to market to align with international standards, promote transparency and confidence in the markets, and encourage active market trading.

Market Infrastructure

Singapore’s UOB Completes Cross-Border P2P Payments in Real Time

16/11/2018

In a demo at Singapore FinTech Festival, multiple funds transfers were conducted between a UOB Singapore account and a UOB Thailand account in real time via the bank’s mobile app.

Press Release

Regulation Asia Awards ‘Consulting Firm of the Year’ to KPMG

15/11/2018

KPMG has been awarded Consulting Firm of the Year in the inaugural Regulation Asia Awards for Excellence 2018.

Press Release

Regulation Asia Awards ‘Law Firm of the Year’ to Herbert Smith Freehills

15/11/2018

Herbert Smith Freehills has been awarded Law Firm of the Year in the inaugural Regulation Asia Awards for Excellence 2018.

Press Release

Refinitiv Wins Best Anti-Money Laundering Solution

15/11/2018

Refinitiv has been awarded the Best Solution in Anti-Money Laundering in the inaugural Regulation Asia Awards for Excellence 2018.