Fraud, Scams & Cybercrime

Korea Expands Account Freezing Powers to Combat New Phishing Scams

02/06/2026

New guidelines will allow financial institutions to suspend accounts linked to romance and investment fraud, closing a key regulatory gap.

Supervision & Enforcement

Outgoing ASIC Chair Warns of Depleted Litigation Fund, Calls for Reform

02/06/2026

Joe Longo has flagged a critical funding shortfall for litigation, while calling for a new body to tackle Australia’s high regulatory burden.

Structural Regulation

Korea Set to Finalise Rules Around Dual Listings Ban

02/06/2026

New rules will curb the practice of listing subsidiaries to protect minority shareholders, with detailed criteria expected in early June.

AI Risk & Governance

BSP to Establish AI and Advanced Analytics Hub

02/06/2026

The central bank is setting up a new unit focused on leveraging data science for supervision, payments, and policy, appointing a former director to lead the initiative.

Structural Regulation

BSP Mandates New Digital Reporting Regime for Money Service Businesses

02/06/2026

The new framework requires money service businesses, including virtual asset service providers, to submit financial reports in XML format starting late 2026.

Clearing & Post-Trade

HKEX Delays Orion Cash Platform API Launch to Q3 2026

02/06/2026

The launch of new real-time clearing data application programming interfaces (APIs) has been pushed back to ensure market readiness.

Cryptocurrency

Hong Kong Regulators Outline Progress on Digital Assets Initiatives

02/06/2026

Regulators have detailed plans for a new virtual asset bill, a live stablecoin regime, and a next-generation digital asset platform.

Market Risk

HKMA Outlines Good Practices for Market Risk Capital Rules

01/06/2026

The regulator has shared key observations from thematic reviews on how banks calculate market risk capital charges under the final Basel III framework.

Structural Regulation

Hong Kong Publishes Guidance for Transition to Paperless Securities Market

01/06/2026

Regulators have released detailed guidance for the new paperless securities market, which is set to launch in November 2026 with a five-year transition period.