Conduct, Culture & Accountability

HKMA Updates Guidance on Staff Registration and Vetting

29/10/2025

The HKMA has consolidated existing rules, emphasising due diligence, reference checks, and the personal liability of senior managers.

Market Abuse

Australia Raids WiseTech Over Founder's 'Blackout Period' Share Trading

29/10/2025

ASIC and the AFP searched WiseTech Global’s Sydney office over alleged share trading by founder Richard White.

Stablecoins

China Reaffirms Crypto Ban, Warns on Stablecoin Risks

29/10/2025

The PBOC will continue its crackdown on virtual currencies and monitor overseas stablecoins while launching new e-CNY infrastructure.

Climate Risk

HKMA Issues Additional Guidance on Climate Risk Management

29/10/2025

The HKMA is urging banks to adopt quantitative metrics, bridge data gaps, and embed climate considerations across all traditional risk types.

Reporting & Disclosures

New Zealand FMA Grants ‘No Action’ Relief on Climate Reporting

29/10/2025

The FMA is granting temporary relief to entities set to be excluded from its climate reporting regime, which will see thresholds significantly raised.

Stablecoins

Bank of Korea Publishes Analysis of Won Stablecoin Risks

29/10/2025

The BOK's new white paper outlines major risks to financial stability and proposes a strict, bank-centric regulatory framework ahead of planned legislation.

Payments & Settlements

Thailand and China Deepen Payment Ties with PromptPay-Alipay Link

29/10/2025

The partnership, guided by the BOT, will allow Chinese tourists to pay at millions of Thai merchants using Alipay.

CBDCs

Hong Kong Pivots e-HKD to Wholesale Use After Retail Pilot Findings

29/10/2025

The HKMA will prioritise wholesale applications for its digital currency after pilots showed tokenised deposits could offer similar retail benefits.

Structural Regulation

Japan's New Government to Unveil Financial Sector Strategy by Year-End

29/10/2025

New Prime Minister Sanae Takaichi’s administration will develop a 'Regional Financial Power Enhancement Plan' and a broader strategy to boost Japan's asset management appeal.