Enforcement

Korea Whistleblower System is Enhancing Accounting Transparency: FSC

30/05/2025

Incentives and increased reporting have led to greater detection of accounting irregularities, and heavy penalties against wrongdoers.

Market Infrastructure

Hong Kong Passes Bill to Implement Global Minimum Tax

30/05/2025

The new legislation will ensure that large multinational enterprises pay a minimum tax rate of 15% in Hong Kong from 2025.

Market Infrastructure

Japan’s FSA Urges FIs to End Use of Password-Protected Zip Files

30/05/2025

The FSA cites security risks and vulnerability to malware as reasons to discontinue the practice of sending email attachments with passwords.

Securities / Derivatives

Hong Kong MPFA Includes PE Funds as Permissible Investments

30/05/2025

The move is expected to encourage private equity funds to raise capital in Hong Kong and expand the city’s role as a hub for alternative investments.

Securities / Derivatives

SEBI Tightens Risk Monitoring in Equity Derivatives Market

30/05/2025

The new measures include a new way to measure open interest, a recalibration of position limits, and a pre-open session for current-month futures contracts.

Crypto / Digital Assets

Pakistan to Establish Bitcoin Reserve, Allocate Power for Mining

30/05/2025

The government aims to integrate digital assets into its financial strategy and establish a strategic bitcoin reserve, inspired by US policy.

Securities / Derivatives

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.

Market Infrastructure

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.

Market Infrastructure

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.