Policy & Regulation Volanews

【Exclusive】Niti Aayog’s Regulatory Principles Fantasy Sports, Brings Stability To Indian Real Money Games Industry Prime Minister Modi in his Mann Ki Baat which is a monthly radio program hosted by the PM himself while talking about the massive toys market both in India and globally touched upon the potential of the Indian Gaming Industry on 30th Aug 2020. He talked about the need to focus on creating game apps for India and also Indian games based apps for the world.

by Anshuman Gandhi

2021-02-01

INDIA REGULATION E-COMMERCE

US Lobby Group Urges India Not To Tighten Foreign E-commerce Rules A U.S. lobby group that represents firms including Amazon.com and Walmart has urged India not to tighten foreign investment rules for e-commerce companies again, according to a letter seen by Reuters.

by Reuters

2021-02-01

INDIA REGULATION TikTok

India Moves To Permanently Ban TikTok, And 58 Other Chinese Apps The ministry of electronics and information technology (MeitY) has issued fresh notices to TikTok and 58 other Chinese apps to impose a permanent ban on these apps in India, a person aware of the development said.

by LiveMint

2021-01-26

INDIA REGULATION Stock Exchanges Policy

India’s Market Regulator Proposes Relaxed Norms For Setting Up New Stock Exchanges The markets regulator on Wednesday proposed to ease ownership norms for entities that plan to start new stock exchanges in India, a move that may end the 16-year-long dominance of the National Stock Exchange (NSE), allow entry of foreign exchanges, and lower the trading costs for investors.

by DealStreetAsia

2021-01-07

CHINA REGULATION ALIBABA

JD.com, Alibaba’s Tmall and Vipshop Fined for Manipulative Pricing China’s market watchdog on last Wednesday said it has fined the operators of JD.com, Alibaba’s Tmall marketplace and Vipshop 500,000 yuan ($76,500) each for illicit pricing activities, the latest move in Beijing’s clampdown on monopolistic practices in the e-commerce sector.

by caixinglobal

2021-01-04

CHINA ANT FINANCIAL REGULATION

Ant Weighs Financial Holding Company to Placate Regulators Ant Group Co Ltd is considering folding most of its online financial businesses, including consumer lending, into a holding company that would be regulated like traditional financial firms, two people with direct knowledge of the matter said.

by DealStreetAsia

2020-12-31

US POLICY Delisting Bill

US Approves Delisting Bill Targeting Chinese Companies Currently, more than 250 Chinese companies are listed on US bourses with the combined market capitalization surpassing USD 2 trillion, the Wall Street Journal wrote, citing S&P Global Market Intelligence.

by KrAsia

2020-12-04

INDIA POLICY UBER

Indian Govt Caps Uber, Ola Surge Pricing; Issues Fresh Guidelines Surge prices cannot be 50% more than the base fare, and the aggregator cannot reduce prices 50% below the base fare.

by DealStreetAsia

2020-11-30

CHINA POLICY Digital Economy

China Urges to Bridge The Digital Divide for The Elderly as Everything Goes Online To comply with the guidelines, service providers should take an approach that combines traditional and smart methods to help senior citizens adapt to the technology transformation.

by KrAsia

2020-11-26

INDIA REGULATION Chinese App Ban

India Blocks AliExpress, Snack Video, ChinaLove, 40 Other Chinese Apps Based on a comprehensive report from home ministry’s Indian Cyber Crime Coordination Center, MeitY issued the order to block the access of these apps by Indian users.

by LiveMint

2020-11-25

SINGAPORE GIANT Grab

Singapore’s Competition Watchdog Lifts Restrictions on Grab Grab said it will roll out the platform fee “in the next few months”. The company plans to use the money to double down on safety measures such as driver training and insurance.

by KrAsia

2020-11-23

INDIA POLICY FDI Rules

India May Relax FDI Rules for Neighbouring Nations, Including China A panel of top government officials was discussing various options on easing rules for investment from neighbours and a decision is likely soon.

by DealStreetAsia

2020-11-18

SINGAPORE POLICY EDB

Singapore Reveals New Work Pass to Attract Top-Tier Tech Talent Applications for the pass will start in January 2021, and only 500 passes will be available upon launch. EDB will be administering the applications of these pass, with the support of the Ministry of Manpower.

by KrAsia

2020-11-16

CHINA GIANT Ant Group

New Chinese Regulations May Slash Ant Group’s Valuation by Half The reduced valuation also means potentially lower fees for investment banks like China International Capital Corp that were counting on a windfall from Ant’s record-setting IPO.

by DealStreetAsia

2020-11-10

CHINA POLICY IPO System

China: New IPO System to Promote Reforms across The Entire A-Share Market The Financial Stability and Development Committee under the State Council said after a meeting on Saturday that the ratio of direct financing in the market will increase after the registration-based IPO mechanism is implemented across the entire A-share market.

by ChinaDaily

2020-11-03

INDIA POLICY RBI

RBI Announces SRO Appointment Framework, Mandates QR Code Interoperability RBI will issue a letter of recognition to a group of bank and non-bank PSOs and reserves the right to approve the appointment of important positions in the board of directors for the entity.

by techcircle

2020-10-26

CHINA POLICY INFORMATION SAFETY

China’s New Law Restricts Transfer of Personal Data Abroad The aim is to strengthen protections for China’s more than 900 million internet users as concerns mount over data misuse.

by KrAsia

2020-10-26

CHINA POLICY IPO Reform

China Ready to Extend IPO Reform throughout Capital Market: Regulator Since 2019, the country has stepped up IPO reform, piloting a registration-based system on the Shanghai Stock Exchange's sci-tech innovation board and the Shenzhen Stock Exchange's ChiNext board.

by Xinhuanet

2020-10-23

INDONESIA POLICY Kominfo

Indonesia Drafting Ministerial Regulation to Block Social Media Kominfo has identified more than 2,000 sources containing false information, of which 1,759 have been taken down.

by KrAsia

2020-10-22

INDIA E-COMMERCE GIANT POLICY

Indian Flipkart, Amazon Get Notices over Non-Compliance of Country of Origin Rule The government in June had mandated that all ecommerce entities must follow the rules for displaying country of origin as per the Legal Metrology (Packaged Commodities) Rule, 2011.

by techcircle

2020-10-21