Structural Regulation

Australia Finalises Three-Tiered Prudential Framework for Banks

28/05/2026

APRA has formalised a three-tiered framework for banks, creating a new top tier and raising the threshold for 'significant' institutions to enhance proportionality.

Cryptocurrency

Korea to Mandate Reporting for Cross-Border Crypto Transactions

28/05/2026

New amendments to the Foreign Exchange Transactions Act will require virtual asset service providers to register and report all cross-border transfers to the central bank.

Cryptocurrency

Hong Kong Finalises Rules for Retail Funds’ Crypto and Staking Activities

28/05/2026

The SFC has detailed requirements for authorised funds to invest in spot virtual assets and engage in staking, while clarifying the treatment of licensed stablecoins.

Supervision & Enforcement

SFC Bans Former Compliance Head for Life for Misconduct

28/05/2026

The former responsible officer and compliance head was found culpable in a scheme that misused client funds and repeatedly misled the regulator.

Alternative Markets

Taiwan Pushes for Asset Management Overhaul to Compete as Regional Hub

28/05/2026

The FSC is urging the local asset management industry to scale up, outlining regulatory reforms to attract capital and compete with international rivals.

Custody & Infrastructure

Hong Kong Finalises Rules for Virtual Asset Advisory and Management

27/05/2026

New licensing regimes will align with existing securities rules, with a bill expected with this year completing the city’s core digital asset framework.

Trading & Investment

Taiwan Drafts Rules to Widen Onshore Access to Offshore Funds

27/05/2026

The FSC has proposed new rules allowing local investment firms to sell certain offshore funds to professional and high-asset clients.

Sustainable Finance

Korea FSS Launches First Review of Social Finance Operations at Banks

27/05/2026

The FSS has launched its first-ever review of banks' social finance operations, amid a broader government push for greater social responsibility.

DeFi & Web3

Indonesia Blocks Crypto Prediction Market Over Gambling Concerns

27/05/2026

Indonesia has blocked access to the Polymarket website, with regulators classifying the blockchain-based platform as a form of illegal online gambling.