Nithya Subramanian

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    Nithya Subramanian, a deputy editor at Regulation Asia, has wide experience covering the financial sector in India and Singapore. She has written extensively about wealth management, capital markets and insurance sectors tracking policy and corporate developments. Researching and writing about the South Asian diaspora settled in Singapore and the region is another area of interest. She has a post-graduate degree in English literature. Reach out to her at nithya@regulationasia.com

    Articles by Nithya Subramanian

    Conduct, Culture & Accountability

    RBI Backs HDFC Bank Governance Despite Chairman’s Abrupt Exit

    20/03/2026

    The RBI said it sees no material concerns and approved an interim leadership plan after the part-time chairman resigned citing issues with “values and ethics”.

    Structural Regulation

    India’s IFSCA Flags Compliance Gaps Among Intermediaries in GIFT City

    20/03/2026

    The regulator has "initiated appropriate regulatory action" in response to lapses in staffing, infrastructure and controls at capital market intermediaries in GIFT City.

    Clearing & Post-Trade

    MAS Proposes Phasing Out Physical Share Certificates for Listed firms

    20/03/2026

    The regulator has launched a consultation on an enabling regime for share dematerialisation to boost efficiency and support a tokenised economy.

    Clearing & Post-Trade

    MAS Proposes Expanded Regulatory Regime for CSDs

    20/03/2026

    The regulator has proposed extending oversight to all CSDs, with new approval, governance and risk requirements under updated securities framework.

    Emerging Prudential Risks

    Bank Indonesia Rolls Out New FX Rules to Stabilise Rupiah

    20/03/2026

    The central bank has specified the cash FX purchase limit and lowered documentation thresholds to manage outflows amid global uncertainty.

    Fraud, Scams & Cybercrime

    Vietnam’s SCB Outlines Asset Disposal Plan to Recover Fraud Losses

    20/03/2026

    Saigon Commercial Bank is seeking third-party firms to manage the sale of assets linked to a $12.3 billion fraud involving property developer Sun Group.

    Anti-Money Laundering

    Papua New Guinea Banks Launch New Association to Strengthen Financial Sector

    20/03/2026

    The newly-formed PNG Banking Association aims to strengthen cooperation across the sector, support regulatory reforms and address FATF requirements.

     

    Fraud, Scams & Cybercrime

    India Steps Up Measures to Combat Fraudulent Loan Apps

    20/03/2026

    Regulators have launched an official app directory, enhanced enforcement measures, and clarified rules to protect consumers from unauthorised mobile lending platforms.

    Conduct, Culture & Accountability

    Bursa Malaysia Reprimands, Fines KAF Investment Bank Over Listing Breaches

    19/03/2026

    Bursa Malaysia flags failures in handling material compliance issues and ensuring accurate listing disclosures.

    Cryptocurrency

    Vietnam to Ban Offshore Crypto Trading Under New Licensing Regime

    19/03/2026

    Five entities have passed an initial licence qualification stage. A limited number of exchanges will be allowed to operate during the trial period.

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