Credit Risk

HK Property Firms Propose HK$20 Billion Fund to Avert Crisis

18/09/2025

The CRECCHKI has warned that a 'vicious cycle' of bad loans and forced sales threatens systemic financial risk, proposing a fund to buy distressed CRE assets.

Supervision & Enforcement

HKMA Signs Pact with MAS To Boost Banking Supervision

18/09/2025

The agreement between the HKMA and MAS aims to strengthen information sharing and mutual assistance for the supervision of cross-border banking operations in both jurisdictions.

Fraud, Scams & Cybercrime

Singapore Introduces New Measures Against Scam Mules

18/09/2025

The new framework to be implemented starting next month aims to curb soaring scam losses by restricting financial and mobile access for individuals facilitating fraud.

PEPs & Sanctions

China Drafts New Rules to Tighten Dual-Use Export Licensing

17/09/2025

The proposed measures from the MOFCOM would introduce stricter 'one licence, one declaration' rules and clarify penalties for violations.

Alternative Markets

ASIC Flags 'Serious Improvement' for Private Credit Market

17/09/2025

ASIC’s upcoming report finds inconsistent practices in the AUD 200 billion private credit market, with proposals for reform expected within three months.

Reporting & Disclosures

ASIC Clarifies Audit Rules for Mandatory Sustainability Reports

17/09/2025

ASIC has detailed assurance requirements for new climate reports, including auditor independence, liability, and a phased-in approach.

CBDCs

DBS Concludes Programmable Payments Pilot Under HKMA e-HKD Project

17/09/2025

DBS’ pilot explored tokenised vouchers for ESG rewards, providing insights for the HKMA's potential CBDC framework.

Market Abuse

Hong Kong SFC Imposes Five Year Ban on Former Citi Executive

17/09/2025

The SFC says Richard Heyes is responsible for a decade of serious internal control failures and dishonest practices in Citigroup Global Markets' Asia equities business.

Structural Regulation

CSRC Issues Revised Evaluation Framework for Futures Brokers

15/09/2025

New CSRC evaluation system introduces specific penalties for misconduct and rewards firms for serving industrial clients and market-making activities.