Crypto / Digital Assets

SFC Grants Victory Securities Approval to Expand Crypto Services

30/04/2025

Victory Securities is allowed to offer discretionary account management services and to distribute physically-settled crypto-referenced structured products.

Fintech / Regtech

HKMA Outlines Plans for Payments Infrastructure Connectivity

30/04/2025

HKMA Deputy CEO Darryl Chan said Hong Kong’s instant payments link with Mainland China is on track for launch in the middle of this year.

Securities / Derivatives

SFC Set to Formally Adopt Fast Track Authorisation Process for Funds

29/04/2025

The SFC will formally adopt FASTrack from 5 May following “smooth” implementation and “positive feedback” from applicants during the 6-month pilot.

Fintech / Regtech

Australia Developing Standard Instruction Format for NPP Payments

29/04/2025

AP+ has provided an update on its work to facilitate the migration from the BECS, which is being decommissioned, to the NPP.

Market Infrastructure

BSP Issues Draft Circular on Adoption of ISO 20022 Standard

29/04/2025

The BSP says all participants of payment systems must adopt the ISO 20022 messaging standard for each specific business function.

Securities / Derivatives

ASX Set to Review Shareholder Approval Rules for M&A

29/04/2025

ASX will review its listing rules on shareholder approvals for listed company mergers, focusing on reverse takeovers.

Fintech / Regtech

HKMA Forms New Panel to Advance Digital Trade Finance

29/04/2025

The new expert panel will formulate a roadmap for digitising cargo data so that it may be integrated into the CDI platform.

Enforcement

SFC Fines Interactive Brokers Over Expired Standing Authority

29/04/2025

Interactive Brokers loaned out client securities without first renewing the standing authority in place for securities borrowing and lending.

Fintech / Regtech

HKMA Opens Applications for Second Cohort of GenAI Sandbox

29/04/2025

HKMA is also introducing the “GenAI Sandbox Collaboratory”, a platform comprising practical workshops to facilitate early engagements between banks and tech firms.