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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 […]

The framework requires FIs and telcos to pay compensation to victims of phishing scams if they breach certain scam prevention duties. 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.

The revisions are mainly to better align with the “Prudent valuation guidance” under CAP50 of the Consolidated Basel 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

Korean banks already implemented a similar compensation system for non-face-to-face financial fraud from 1 January 2024. 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

The violations of Cuba and Iran sanctions were committed by subsidiaries based in China, Spain, Canada, Australia and Peru. 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

The FSA says FIs should continue refining their model risk management frameworks, prioritising AI-specific models. 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

President Xi Jinping pledged lower interest rates, reduced reserve requirements for banks, and “special actions” to boost consumption. 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

The new sanctions would potentially target foreign buyers of Russian crude oil and more of the vessels used for shipments. 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

Administrators of benchmarks defined as non-significant in the EU will be removed from the scope of current rules. 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

The guidelines set out the process for how CEOs and executives of FIs will be sanctioned for failures to fulfill their internal control duties. 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