AML / KYC

SFC Bans Former UBS Director for Life Over Money Laundering Conviction

03/09/2025

The SFC has permanently barred Suen Kin-wing following convictions for laundering over HKD 134 million and breaching court injunctions.

AML / KYC

AUSTRAC Fines Revolut Payments for Late IFTI Reporting

03/09/2025

AUSTRAC said Revolut Payments self-disclosed the reporting failures and subsequently implemented remedial controls.

Securities / Derivatives

BSP Clarifies UITFs with Foreign Placements Eligible for PERA

28/08/2025

A central bank memorandum confirms locally-registered UITFs with foreign investments can be eligible as PERA investment products.

Securities / Derivatives

Shanghai Bourse Eases Disclosure Burden for Listed Companies

28/08/2025

Revised guidelines streamline corporate disclosure rules to reduce compliance costs and improve investor communication.

Australia Confirms Plans to Review Super Fund Performance Test

28/08/2025

Treasurer Jim Chalmers said the superannuation performance test will be reviewed to remove investment impediments but has ruled out abolishing it.

Fintech / Regtech

Macquarie Bank Joins Australian Inter-Bank Anti-Fraud Network

28/08/2025

Macquarie Bank’s move expands the BioCatch Trust intelligence-sharing platform to cover over 85 percent of Australia’s online banking population.

Enforcement

ASIC Bans Ex-Compliance Manager Over Shield Master Fund Advice

28/08/2025

ASIC has banned a former senior manager from MWL Financial Services for failures linked to advice on Shield Master Fund, which collapsed last year.

Enforcement

Australian Court Penalises TerraCom in Landmark Whistleblower Case

28/08/2025

The penalty against the mining resources company is ASIC's first enforcement outcome for contraventions of whistleblower provisions.

Enforcement

Hong Kong Police Arrest 29 in Anti-Loan Sharking Crackdown

28/08/2025

Since mid-May, four coordinated operations have seen dozens arrested, including minors, for predatory lending and "excessive interest rates".