Editors
Regulation Asia relies on a team of journalists, writers and editors to cover regulatory announcements across Asia Pacific. editorial@regulationasia.com
Articles by Editors
AI Risk & Governance
Chinese Authorities Release New Rules for Providers of Generative AI Services
19/07/2023
The rules require training data to be accurate, generated content to be properly labelled, security assessments to be performed, and channels for complaints reporting to be established.
Conduct, Culture & Accountability
Deloitte Australia’s CEO Admits to Being Overpaid in Public Hearing
19/07/2023
Deloitte Australia’s CEO Adam Powick told a Senate committee his position is not worth a salary that is seven times that of the prime minister’s.
Fraud, Scams & Cybercrime
NAB Blocks Payments to “High-risk” Cryptocurrency Platforms
18/07/2023
NAB will initially block “several” cryptocurrency exchanges that it has concerns with, but this could be expanded further in future.
Fraud, Scams & Cybercrime
Singapore Imposes Record 19-Year Jail Term on Former Lawyer
18/07/2023
The case involves the misappropriation of S$76mn in clients’ funds over three years by the former lawyer, previously the managing partner of JLC Advisors LLP.
Structural Regulation
Philippines: Bill to Establish Sovereign Wealth Fund Becomes Law
18/07/2023
The Maharlika Investment Fund still faces criticism amid expectations that it will propel economic growth and help attract foreign investors.
Structural Regulation
China’s AMAC Revises Rules for Private Equity Asset Management Plans
18/07/2023
The measures aim to refocus the private equity industry’s attention back to its core operations, minimise potential conflicts of interest, and facilitate the growth of the industry.
AI Risk & Governance
US SEC Working on Rule Proposals to Mitigate Risks from AI
18/07/2023
SEC chairman Gary Gensler said AI could heighten financial fragility and promote herding behaviour among investors.
Cryptocurrency
Industry Working Group Opens Consultation on IVMS101 Enhancements
18/07/2023
The working group was formed in April and has met five times since to consider and approve revisions to the IVMS101 standard.
AI Risk & Governance
UNSC Hosts First-Ever Session on Artificial Intelligence
18/07/2023
UK Foreign Secretary James Cleverly called for urgent international cooperation in shaping the governance of AI.
Anti-Money Laundering
US Lawmakers Examine Criticism of FinCEN Beneficial Ownership Rule
18/07/2023
Witnesses criticised FinCEN for introducing overly complex rules and failing to account for the reporting burden on small businesses.
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