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Japan Consumer Credit Service takes 49% stake in Carsome Capital for US$22.9 mil

JACCS’ expertise, resources will be combined with Carsome Capital’s ecosystem US$225m given since 2018 to support 45k transactions for dealers, end-customers [Ed: Article updated with the acquisition price.] Carsome Group Inc, Southeast Asia’s (SEA) largest integrated car e-commerce platform, and JACCS Co, Ltd (Japan Consumer Credit Service), a consumer finance company, announced a strategic partnership […]

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Indonesia Approves Establishment of State Investment Agency

The new agency will manage government holdings in key enterprises and help the government achieve its economic growth target. To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation. Select More

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IFRS Foundation Publishes Guide on Using ISSB Transition Relief

The guide explains which parts of IFRS S1 apply when a company is only reporting climate-related disclosures under IFRS S2 To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation. Select

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Turkish Money Launderer Arrested in Montenegro After Singapore Deportation

Vang Shuiming was arrested in Montenegro for orchestrating illegal online betting platforms targeting Chinese citizens To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation. Select More Information below to view

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DTCC Launches New Platforms to Drive Digital Assets Adoption

The platforms support token issuance, distribution, servicing, monitoring, reporting and other lifecycle processes. To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation. Select More Information below to view our subscription

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BSE Launches Sensex Derivative Contracts at GIFT City

BSE has launched USD-denominated Sensex derivatives at India INX, providing global investors a 22-hour trading window To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation. Select More Information below to

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BIS Paper Offers Guidance on AI Governance in Central Banking

The report recommends that central banks integrate AI oversight into existing risk management frameworks and processes such as the 3LoD model. To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation.

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Visa announces Previn Pillay as new country manager for Malaysia

Over 18 years of leadership experience across APAC & CEMEA Recently led Merchant Sales & Acquiring for Asia Pacific at Visa Visa, the world’s leader in digital payments, has appointed Previn Pillay (pic) as its new country manager for Malaysia. A seasoned leader with 18 years of experience, Previn has held leadership roles across Asia Pacific

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Korea Planning Further Enhancements to Stewardship Code

The FSC wants institutional investors to periodically check and report on their compliance with the stewardship code, which was already updated last year. To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on

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