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ASIC Sues HSBC for Failing to Protect Customers from Scams

ASIC says HSBC contravened the Corporations Act and Credit Act and caused customers to lose A$23mn from unauthorised 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 financial regulation. Select More […]

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China Expands Private Pension Scheme to Nationwide Implementation

More banks are permitted to offer pension services and the eligible products have been expanded to include government bonds and index funds. 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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US Sanctions Eight Firms for Enabling Human Rights Violations

Commerce Dept said two Chinese targets enabled human rights violations and four others supplied parts and components to Myanmar’s military. 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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New Outsourcing Rules for Banks Take Effect in Singapore

Banks and merchant banks have to maintain a register of outsourced services and re-perform due diligence within 2 years of engaging a service provider. 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

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EU to Issues First Sanctions Targeting Russian Disinformation

The sanctions are part of a new regime that focuses on disinformation operations and other Russian-sponsored destabilising activities globally. 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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HKMA Issues Supplementary Guidance on Revised Credit Risk Framework

The HKMA said the new supplementary guidance is intended to facilitate “consistent application” of the revised credit risk framework. 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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Thailand Launches Debt Relief Measures for Retail and SME Borrowers

The measures include a pause on interest payments and decreases in principal payments to alleviate the burden on retail and SME borrowers. 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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Korea Halts Implementation of New Crypto and Securities Tax

A revision bill was passed to prevent new taxes on gains from crypto, stocks, bonds, and funds from taking effect on 1 January 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

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Turning waste into opportunity: Impact of Solewell’s sustainable footwear

Named Innovator of the Year at the 3rd Top In Tech Innovation Awards Plans to expand eco-footwear under Solewell & explore OEM partnerships The Covid-19 pandemic brought an unprecedented surge in the demand for rubber gloves, but it also left behind a pressing environmental challenge. Malaysia, a major producer of nitrile rubber gloves, faced the

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AllianceBernstein to Sue Switzerland Over Credit Suisse AT1 Writedown

AllianceBernstein will be the first large institutional investor to sue Switzerland over its decision to write down Credit Suisse’s AT1 bonds 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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