The scheme offers grants of up to HK$2.5mn for each eligible digital bond issuance to promote bond tokenisation in Hong Kong. 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 subscription packages or you can email us at subscriptions@regulationasia.com to discuss your options. More Information Request a Trial Get in touch today to discuss a […]

Japanese FIs should have quantum-resistant cryptographic algorithms within high-priority systems ready for use by the mid-2030s. 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 subscription packages or you can email us at subscriptions@regulationasia.com to discuss your options. More Information Request a Trial Get in touch today to discuss a […]

This is the first back-to-back rate cut since 2019, signalling concerns over the clouded outlook for Korea’s export-reliant economy. 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 subscription packages or you can email us at subscriptions@regulationasia.com to discuss your options. More Information Request a Trial Get in touch today to […]

The FSC will only partially normalise regulatory relaxations for savings banks and specialised credit finance businesses. 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 subscription packages or you can email us at subscriptions@regulationasia.com to discuss your options. More Information Request a Trial Get in touch today to discuss a trial […]

Nearly a quarter of the bank’s international wealth accounts were reportedly flagged in 2023 for elevated money laundering risks. 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 subscription packages or you can email us at subscriptions@regulationasia.com to discuss your options. More Information Request a Trial Get in touch today to discuss […]

FIs are directed to designate a leading department for digital transformation and improve the quality and efficiency of digital financial services. 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 subscription packages or you can email us at subscriptions@regulationasia.com to discuss your options. More Information Request a Trial Get in touch […]

The infringement notices were issued for failure to submit 2023 annual compliance reports. The firms had a history of non-compliance. 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 subscription packages or you can email us at subscriptions@regulationasia.com to discuss your options. More Information Request a Trial Get in touch today to […]

The Commerce Commission has penalised Kiwibank for overcharging 35,000 customers a total NZD 6.8 million. 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 subscription packages or you can email us at subscriptions@regulationasia.com to discuss your options. More Information Request a Trial Get in touch today to discuss a trial giving you […]

The report describes different jurisdictional frameworks for implementing a positive neutral CCyB and approaches to calibration and operation. 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 subscription packages or you can email us at subscriptions@regulationasia.com to discuss your options. More Information Request a Trial Get in touch today […]

The bill extends AML/CTF obligations to lawyers, accountants, TCSPs, real estate professionals, and dealers in precious metals and stones. 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 subscription packages or you can email us at subscriptions@regulationasia.com to discuss your options. More Information Request a Trial Get in touch today to […]

Additional privileges at partner hotels for Mercedes-Benz customers Partners with hotels, golf courses to expand EV charging in Malaysia Mercedes-Benz Malaysia has unveiled plans to expand its electric vehicle (EV) charging network through collaborations with hotels and golf courses across the country. The initiative is part of the company’s strategy to enhance accessibility for EV owners and integrate sustainable mobility with luxury experiences. The company is adopting a multi-channel approach to strengthen its EV infrastructure by offering Charge@Home Wallbox installations for private residences, Charge@Retail EV charging facilities at Mercedes-Benz retail outlets, and Charge@Public branded charging stations at partner hotels, […]

On October 14,2024, the Ministry of Ecology and Environment of China released the “Framework of technical standards system for environmental risk assessment and control of chemical substances”. The document clearly …

On Sept. 29, 2024, China’s State Administration for Market Regulation published a recommended national standard for tumble dryers and washer-dryer combos for domestic and similar uses, which is titled “Household …

In the last part of our 6-part series on Tech Governance in Southeast Asia for 2024, Keith Detros and Hamizah Myra from Tech For Good Institute dive into Singapore’s tech governance landscape for the first half of 2024.

On September 25, 2024, the Environment and Labor Committee of the National Assembly of South Korea announced that it had formulated a draft of Act on the Compensation and Relief …

Malaysia Productivity Corporation has launched the Electric Vehicle and Battery Management (EVBM) Guidelines on October 11, 2024. The guidelines provide recommended guidance for  automotive industries during the production, transportation, and …

On September 25, 2024, the Ministry of Environment (MOE) of South Korea announced that it has formulated a draft revision of the Enforcement Order of the Act on the Promotion …

On Oct. 28, 2024, China’s Ministry of Industry and Information Technology and other five government departments announced a Program for Nurturing Smart Factories in Phases. According to the smart factory …

On Sept. 29, 2024, China’s Ministry of Emergency Management published on its website draft revised measures on penalties for work safety violations. The ministry is seeking comments on the draft …

On October 24, Taiwan’s Occupational Safety and Health Administration of the Ministry of Labor (OSHA) released ten revised standards of the CNS 15030 series, a set of standards for chemical …

On September 12, 2024, a Draft Law on Amendment and Supplementation to a Number of Articles of the Law on Economical and Efficient Use of Energy (hereinafter “the Draft”) was …

India’s Central Consumer Protection Authority has published the Guidelines for Prevention and Regulation of Greenwashing or Misleading Environmental Claims, 2024 on October 15, 2024. The guidelines have stipulated provisions for …

On August 30, 2024, the Ministry of Trade, Industry and Energy of South Korea promulgated a new revised version of the Enforcement Order of the Energy Use Rationalization Act, announcing …

On Oct. 2, 2024, China’s Ministry of Ecology and Environment published experimental measures on the oversight and management of wastewater outlets into the sea. The measures aim to rigorously enforce …

Selain manfaat ekonominya, platform digital berperan penting dalam mencapai tujuan pembangunan berkelanjutan melalui efisiensi, aksesibilitas, skala, dan kelincahannya. Dalam artikel ini, Samsu Sempena, Direktur Teknologi Program Kartu Prakerja, dan Romora Edward Sitorus, Kepala Ekonom Program Kartu Prakerja—program beasiswa pelatihan yang dipimpin pemerintah untuk meningkatkan kompetensi kerja dan kewirausahaan—membahas bagaimana platform digital dapat dimanfaatkan untuk pertumbuhan inklusif di seluruh Asia Tenggara. Artikel ini juga tersedia dalam versi English di laman Tech for Good Institute berikut.

On Oct. 11, 2024, China’s Ministry of Industry and Information Technology published the 2024 edition of the list of advanced safety and emergency equipment that should be promoted in the …

On Sept. 20, 2024, Taiwan’s Ministry of Environment announced a plan to revise recycling fees for containers, and released a draft list of new fees. Article 16 of Taiwan’s Waste …

On September 25, 2024, the Malaysian Ministry of Investment, Trade and Industry (MITI) published the “Circular Economy Policy Framework for the Manufacturing Sector in Malaysia“, which outlined a policy framework …

On Oct. 17, 2024, Japan’s Ministry of the Environment held the first meeting to discuss the greenhouse gas emissions assessment, reporting and publication scheme of Japan (the “SHK scheme”). The …

On September 6, 2024, Regulation of the Minister of Environment and Forestry No. 13/2024 implementing Government Regulation No. 46/2016 on Procedures for Conducting Strategic Environmental Assessment (hereinafter “the Ministerial Regulation”) …

On September 26, 2024, the Ministry of Environment (MOE) of South Korea published a draft amendment to the Designation of Restricted Substances and Prohibited Substances adding lead compounds and methylene …

In the fifth part of our 6-part series on Tech Governance in Southeast Asia, Farlina Said, Fellow in the Cyber and Technology Policy Programme at the Institute of Strategic and International Studies (ISIS) Malaysia, and Ariane Yasmin, an independent analyst and research consultant, examine Malaysia’s tech governance landscape in the first half of 2024. This article is also available in Bahasa Melayu, click here to read.

On Sept. 29, 2024, the Municipal Ecology and Environment Bureau of Beijing, China, published the Municipal Measures to Implement a Carbon Offset Scheme in Beijing’s Carbon Market on its website. …

On October 16,2024, the Ministry of Finance of China issued the “Implementation measures for water resource tax reform pilot” and announced that the water resource tax will be implemented nationwide …

Beyond their economic benefits, digital platforms are advancing sustainable development goals through efficiency, accessibility, scale, and agility. In this article, Samsu Sempena, Director of Technology at Kartu Prakerja Program, and Romora Edward Sitorus, Chief Economist of Kartu Prakerja Program—a government-led training scholarship programme aimed at improving work competence and entrepreneurship—shed light on how digital platforms can be leveraged for inclusive growth across Southeast Asia. This article is also available in Bahasa Indonesia, click here to read.

As negotiations for the ASEAN Digital Economy Framework Agreement (DEFA) enter their second year, the Tech For Good Institute was honoured to secure an interview with the Chair of the ASEAN DEFA Negotiating Committee, Ms Prewprae Chumrum, Executive Director of the Bureau of Trade in Services and Investment Negotiations at the Ministry of Commerce of Thailand.

In this article, Dr. Eric J. W. Orlowski delves into the critical elements of AI governance: explainability and transparency. Drawing insights from AI Singapore’s report on the topic, he explores how these twin concepts can help ensure AI systems are accountable and comprehensible in an increasingly automated world.

On October 4, 2024, the Ministry of Natural Resources and Environmental Sustainability of Malaysia published an outline of the Climate Change Bill and is seeking comments. The Climate Change Bill …

On Sept. 13, 2024, a committee of the Central Environment Council and a working group of the Industrial Structure Council of Japan held the first of a series of meetings …

The Ministry of Environment (MOE) of South Korea issued a preliminary legislative notice of partial amendments to the Regulations for Evaluation of Electric Vehicles to be Promoted from September 26 …