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New Zealand Proposes Caps on Visa and Mastercard Interchange Fees

The Commerce Commission proposed a draft decision which, if implemented, would reduce the fees charged to businesses to receive Visa and Mastercard payments. 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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US, UK Impose Human Rights Sanctions Against Georgian Officials

The sanctions were imposed over a violent crackdown by Georgia’s government against protestors, opposition figures and members of the media 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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China Expands Cross-border FX Pilot for Multinational Companies

The pilot programme launched in March 2021 is being extended to more provinces and the policies are being further streamlined. 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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OFAC Announces Two New Settlements for Sanctions Violations

An individual US person violated Magnitsky sanctions and a US manufacturer of musical instruments violated Iran sanctions. 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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Gentari and Mastercard Collaborate on EV Adoption Initiative

Companies sign MoU to explore digital payment solutions for electric vehicle charging Partnership aims to support Malaysia’s sustainability goals and low carbon mobility blueprint Gentari Sdn Bhd, through its subsidiary Gentari Green Mobility Sdn Bhd, and Mastercard have announced a collaboration to promote electric vehicle (EV) adoption in Asia Pacific. The two companies signed a

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HKMA Requiring Banks to Develop Capability to Switch Between CRAs

Retail banks must have agreements in place with more than one CRA by Jan 2025 and complete switch-over testing within Q2 2025 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

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Australia Launches Tool to Enhance Visibility of Regulatory Change

Treasurer Jim Chalmers said the Regulatory Initiatives Grid will help improve the sequencing and implementation of reforms 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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bolttech announces Series C funding led by Dragon Fund to drive continued expansion

This Series C up-round values bolttech at US$2.1 billion The funds will help bolttech enhance its platform, expand globally bolttech, the fast-growing global insurtech, has announced that Dragon Fund, by Liquidity and MUFG, is leading its Series C funding round. The round includes investors such as Baillie Gifford and Generali, through Lion River, the group’s

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US Treasury Reports on Findings from Artificial Intelligence RFI

The report outlines key recommendations based on the responses to the RFI and next steps to be considered by policymakers and FIs. 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

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HKMA Announces First Batch of GenAI Sandbox Participants

15 use cases from 10 banks and 4 technology partners were selected. Technical trials will commence in early 2025. 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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