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November Regulatory Round-up: New tax initiatives in China and Malaysia; SFC implements FMCC; regulators introduce several fintech rules

November was another busy month for regulators in the region, with financial watchdogs announcing new initiatives in fintech and fund regulations, and tax authorities revamping laws and implementing amnesty schemes. The month kicked off with the Securities and Futures Commission (SFC) issuing guidance on how it will regulate virtual assets under the existing regulatory framework. The watchdog limited access to crypto-asset…

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