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Australia Considers Introduction of ‘Treating Customers Fairly’ Regime

Andy Schmulow talks to Regulation Asia about a project he is leading to investigate the introduction of a TCF regime in Australian financial services. Australian researchers are exploring the introduction of a ‘Treating Customers Fairly’ (TCF) regime for the country, similar to those in the UK and South Africa. The TCF, first implemented in the […]

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UnionPay, WeChat Pay Collaborate to Make Payments Easier for Foreigners

Travellers using any of eight overseas e-wallets including HSBC’s PayMe and Naver Pay can now make payments on the mainland by scanning WeChat QR codes. UnionPay International and WeChat Pay have introduced enhanced payment services for foreign visitors to the Chinese mainland. The collaboration enables users of international UnionPay-powered wallets to scan WeChat Pay payment codes

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VentureTech drives renewable energy innovation with investment in MTC Orec 

Efforts will boost renewable energy & cut carbon emissions in Malaysia Investment to develop biomethane plants in Malaysia’s North & East Coast VentureTech Sdn. Bhd., an impact investment company, has announced a strategic investment in MTC Orec Sdn. Bhd. (MTC Orec), a Bumiputera company specialising in the bioenergy sector. This partnership aims to accelerate the

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Catcha Digital acquires 60% of Drive 2 Digital for US$3.6mil to expand into automotive digital media

Paid over three tranches across 24 months, subject to meeting PAT targets Enters Chinese, Malay language automotive content & digital media market Catcha Digital Bhd announced on 20 Dec that iMedia Asia Sdn Bhd, a wholly-owned subsidiary of Catcha Digital, has entered into a share sale agreement to acquire a 60% interest in Malaysian automotive

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US Sanctions Four Entities for Supporting Pakistan Missile Programme

The entities worked to supply equipment and missile‐applicable items to Pakistan’s ballistic missile programme 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

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ASX Recovers from Worst Market Disruption in Four Years

No trade settlements took place on Friday due to a “CHESS batch settlement delay”. Engineers had to work through the weekend to resolve the issue. 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

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Wolfsberg Group Issues Payment Transparency Roles & Responsibilities Guidance

The guidance aims to help PSPs, regulators, and standard-setters understand their respective obligations in ensuring payment transparency. 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

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China Responds to Canadian Sanctions with Countermeasures

The measures target two institutions and 20 individuals, responding to Canadian sanctions against several Chinese officials. 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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 IFC and global lenders finance Yondr’s data center project in Malaysia

The project will be among Asia-Pacific’s largest and most advanced data centres Committed over US$900 million to Yondr Group’s data-centre campus in Malaysia International Finance Corporation (IFC), a global development institution focused on the private sector in emerging markets and a member of the World Bank Group, along with a consortium of six international financial

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Singapore Officials Apologise for Exposing NRIC Numbers

The mishap was attributed to a “miscommunication”. Banks, insurers reviewing NRIC practices. Security and privacy concerns persist. 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

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