
Regulation Asia relies on a team of journalists, writers and editors to cover regulatory announcements across Asia Pacific. editorial@regulationasia.com

Emerging Prudential Risks
FSB Warns of Financial Stability Risks from ‘Hidden’ NBFI Leverage
07/09/2023
The FSB has identified pockets of high leverage in the NBFI sector and outlines policy implications to address these vulnerabilities.

Clearing & Post-Trade
SGX Gains Connectivity to FIA Tech’s Trade Data Network
07/09/2023
The new connectivity will give SGX members greater transparency into their trade give up/ take in process.

CBDCs
UK Completes Discovery Phase of ‘Regulated Liability Network’
06/09/2023
In the next phase, a PoC will continue testing the Regulated Liability Network for consumer domestic payments involving retail CBDC.

Conduct, Culture & Accountability
Taiwan FSC Suspends Executive for Unlicensed TV Appearances
06/09/2023
Uni-President Investment Consulting was fined and its general manager suspended because she discussed stock analysis on TV without an analyst licence.
Trading & Investment
China to Launch New State Investment Fund for Chip Sector
06/09/2023
The new fund will have a fundraising target of CNY 300 billion, a fifth of which will come from the Ministry of Finance.

Custody & Infrastructure
MAS Grants RMO Licence to Digital Asset Exchange AsiaNext
06/09/2023
AsiaNext, formed in 2021 as a joint venture between SBI Digital Asset Holdings and SIX Group, will cater exclusively to institutions.

Trading & Investment
SEBI Creates New ‘Abridged Prospectus’ Format for Debt Issuance
06/09/2023
The new format will further simplify and provide greater clarity and consistency in the disclosures by debt issuers, SEBI said.

Anti-Money Laundering
ACRA Working on Bill to Cap Nominee Directorships – Report
06/09/2023
Amendment bill may also increase financial penalties for corporate service providers that breach their AML obligations.

Anti-Money Laundering
FSS Inspections Find AML Deficiencies at Korean e-Payments Firms
06/09/2023
The FSS said management awareness of AML work within electronic financial businesses is low; internal controls and risk assessments are deficient.

Reporting & Disclosures
Singapore Launches New Framework for Intangible Asset Disclosures
06/09/2023
The framework provides a systematic and consistent way for companies to disclose and communicate intangible assets to lenders, board members and investors.
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