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US Federal Reserve Governor Cautions Against Hasty AI Regulation

Fed Governor Michelle Bowman cautions policymakers against hastily imposing strict AI regulations, as it could hinder banking innovation. 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 […]

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SFC Sets Expectations on Due Diligence on ESG Service Providers

Due diligence and ongoing assessments should allow asset managers to “reasonably understand the ESG products provided by the third-party ESG service providers”. 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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BSP Proposes to Enhance Reporting Requirements for VASPs

VASPs must submit 13 reports at specified intervals to ensure thorough oversight. A new reporting portal will be implemented by January. 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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IOSCO Publishes Results from Review of Derivatives Market Regulation

The review highlighted challenges jurisdictions have faced in implementing key principles for regulating and supervising derivatives markets. 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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Shanghai Court Legalises Personal Crypto Ownership: Report

In an opinion piece, a Shanghai judge wrote that cryptocurrency ownership is not illegal for individuals. 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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Korean Court Declares Haru Invest Bankrupt Amid Crypto Fraud

The ruling paves the way for asset liquidation. A creditors’ meeting is set for February 2025 to chart the recovery process. 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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EdgePoint Infrastructure, CelcomDigi ink partnership to expand connectivity in Malaysia

Partnership lays foundation for future-ready connectivity solutions Both parties to collaborate on expanding CelcomDigi’s connectivity reach EdgePoint Towers Sdn Bhd, part of EdgePoint Infrastructure, an Asean-based independent telecommunications infrastructure company, has partnered with Malaysia’s leading mobile network operator (MNO), CelcomDigi Bhd. The partnership was formalised at the TowerXchange Meet Up Asia 2024, a premier event

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S. Korean Police Confirm DPRK Was Responsible for 2019 Crypto Theft at Upbit

North Korean hackers stole 342,000 Ethereum tokens from Upbit in 2019. At today’s prices the tokens would be worth over $800mn. 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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ZA Bank Launches Crypto Trading Services for Retail Clients

Leveraging a partnership with HashKey Exchange, ZA Bank has become the first bank in Asia to offer virtual asset trading services to retail users. 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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Singapore Launches Consultation on Proposed Online Safety Legislation

The proposed reforms include a complaints mechanism for victims, statutory torts for legal redress and measures to increase accountability for harmful content. 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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