Emerging Prudential Risks

APRA Launches Review of Prudential Governance Framework

07/03/2025

APRA proposes a lifetime default tenure limit of 10 years for non-executive directors of banks, insurers, and super funds.

Conduct, Culture & Accountability

HKMA Directs Banks to Comply With New Guidance for Insurance Sales

06/03/2025

The new IA guidance sets caps on rates that can be used to illustrate the benefits of insurance products.

Clearing & Post-Trade

ASX Consults on Release 1 of CHESS Replacement Project

06/03/2025

ASX will implement a new FIX Gateway and FIX messaging for trade registration, cancellation, and end-of-day price reporting.

Clearing & Post-Trade

HKEX, CMU OmniClear Partner to Bolster Market Infrastructure

05/03/2025

HKEX and CMU OmniClear will work to establish infrastructure in Asia that could rival Euroclear and Clearstream.

Structural Regulation

ACCC Issues Guidance on Merger Reform Transition

04/03/2025

The guidance is to help businesses considering a merger in 2025, ahead of Australia’s new merger regime coming into effect from 1 January 2026.

Clearing & Post-Trade

Australia Publishes Response to Clearing and Settlement Inquiry

04/03/2025

The government already actioned two recommendations from the parliamentary inquiry, which focused on competition in clearing and settlement and the ASX CHESS replacement project.

Data Privacy

Australia Announces Next Steps to Enhance CDR Regime

04/03/2025

The Consumer Data Right regime will be expanded to non‑bank lending from mid‑2026 to promote greater competition and innovation in the market.

Payments & Settlements

HKMA Launches New RMB Trade Financing Liquidity Facility

04/03/2025

The HKMA announced the first batch of 24 participating banks, allocating them half of the facility’s total size of CNY 100 billion

Structural Regulation

HKMA Eyes Supply Chain Opportunities for Hong Kong

03/03/2025

A working group has drawn up recommendations to help develop Hong Kong into a multinational supply chain management centre.