Fraud, Scams & Cybercrime

16 Brokerages Were Affected by Unauthorised Trades, JSDA Confirms

30/05/2025

The FSA’s last update said only 9 securities firms were affected, but the problem has since grown. JSDA is coordinating with the affected firms on compensation for customers.

Structural Regulation

China Eases Rules to Enhance Access to Overseas Listing Markets

30/05/2025

The rules streamline cross-border capital management and allow greater flexibility, aiming to facilitate overseas IPOs for domestic firms.

Trading & Investment

HKMA Directs Banks to Adopt Updated FX Global Code

30/05/2025

Banks are directed to review their practices in light of the updated FX Global Code and renew their commitment to the code by January 2026.

Anti-Money Laundering

AUSTRAC Orders Compliance Audits for Two Australian Casinos

30/05/2025

The auditors will assess each casino’s compliance with AML/CTF laws and regulations. AUSTRAC will decide on further action based on the findings.

Trading & Investment

HKEX to Further Expand List of Recognised Stock Exchanges

30/05/2025

CEO Bonnie Chan said HKEX is continuing efforts to expand the list of recognised stock exchanges so more international companies can pursue secondary listings in Hong Kong.

Fraud, Scams & Cybercrime

US Sanctions Philippines-based Firm for Facilitating Cyber Scams

29/05/2025

Funnull Technology Inc provides IP addresses and other web infrastructure to cybercriminals to host scam platforms and other malicious web content.

Structural Regulation

Australia Launches New Portal for Foreign Investment Applications

29/05/2025

The new online portal aims to streamline the processing of foreign investment applications and increase transparency.

Trading & Investment

Taiwan Updates Securities Lending and Margin Regulations

29/05/2025

FSC grants lenders greater autonomy, while setting caps on intraday lending and combined positions; hedging exemptions apply.

Payments & Settlements

ASEAN, China, GCC Forge Trilateral Financial Cooperation Pact

29/05/2025

ASEAN, China, GCC agree on collaboration to boost regional trade and investment, including on capital markets, local currency usage, cross-border payments, fintech and AI.