Market Infrastructure

Australian Regulators Keep Door Open for Bond, Repo CCP

27/03/2025

The CFR said regulatory intervention is not yet needed but it supports the industry exploring the introduction of central clearing in the Australian bond and repo markets.

BSP Directs FIs to Monitor for Election Fraud Red Flags

27/03/2025

Red flags include a surge in account registrations in areas known for vote buying/selling and large cash transactions during the election period.

Fintech / Regtech

AusPayNet Launches Industry Code for e-Conveyancing Payments

27/03/2025

AusPayNet says the new industry code will enhance security, standardise and provide efficiency to e-conveyancing payments.

ASIC Issues Updated Guidance on Holding Virtual Meetings

27/03/2025

The updated guidance sets out ASIC’s expectations on holding virtual meetings and includes the option to use telephone lines and webcasts.

Fintech / Regtech

Taiwan Launches New QR Code Payment Service for Travel

25/03/2025

Nine participating financial institutions will offer a 100 percent rebate on fares paid with “TWQR QR Code for Travel” until 31 December.

Enforcement

SFC Penalises Brokerage and MiC for Poor Margin Financing Controls

25/03/2025

The SFC fined Enlighten Securities HKD 5 million and suspended its manager-in-charge for seven months.

Market Infrastructure

HKMA Relaxes Wealth Connect Limit for Overseas Incorporated Banks

25/03/2025

HKMA has raised the customer limit for non-locally incorporated AIs providing southbound WMC services to non-private banking Mainland customers.

AML / KYC

HK Considers Allowing Banks to Freeze Scam-Linked Accounts

24/03/2025

HKPF and HKMA are in talks with banks on a mechanism to freeze accounts linked to fraudulent activities.

Securities / Derivatives

HKEX List Asia’s First Single Stock Leveraged & Inverse Products

24/03/2025

The new products provide leveraged and inverse exposure to US-listed Berkshire, Coinbase, MicroStrategy, NVIDIA, and Tesla.