Securities / Derivatives

HK SFC Agrees Funds Recognition Framework With Ireland

15/05/2025

The agreement allows the distribution of eligible HK and Irish public funds in each other’s markets via the new FASTrack process.

Securities / Derivatives

Malaysia SC Signs Enhanced IOSCO Framework on Multilateral Cooperation  

15/05/2025

The SC signed IOSCO’s EMMoU, the global benchmark for international cooperation between securities and derivatives market regulators.

AML / KYC

AUSTRAC Orders AML/CTF Audit of Mercedes Benz Financial Services

15/05/2025

Almost 90 percent of non-bank lenders and financiers did not report a single suspicious matter to AUSTRAC in 2024.

Enforcement

ASIC Sues Macquarie Securities Over Short Sales Reporting

14/05/2025

ASIC has sued Macquarie Securities for, what it claims is, repeated and systemic misleading conduct relating to the failure to report the volume of short sales.

Market Infrastructure

HK and Ontario Deepen Cross-Border Investment Management Supervision

14/05/2025

The SFC and OSC will collaborate on the supervision of CIS investment managers operating in Hong Kong and Canada.

AFCA Updates Guidance for Handling Add-on Insurance Disputes

13/05/2025

Financial firms have until 19 May to comply with the updated guidance, which focuses on complaints relating to add-on insurance.

Market Infrastructure

ASX Proposes Reforms to Enhance Domestic Capital Market

08/05/2025

ASX has put forward seven key recommendations to enhance the attractiveness and global competitiveness of Australian public markets.

Fintech / Regtech

ASIC Issues New Regulatory Guide to Support BNPL Reforms

08/05/2025

The regulatory guide provides information to assist BNPL providers in complying with obligations under reforms passed in December.

Hong Kong IA Authorises HSBC to Establish Captive Insurer

07/05/2025

The new entity, Wayfoong (Asia) Limited, will be the first captive insurer set up by a multinational enterprise based in Hong Kong.