AML / KYC

China Issues New AML Rules for Notary Institutions

18/09/2025

New rules from the Ministry of Justice and PBOC bring notaries under the scope of China's recently revised AML law.

Capital / Liquidity

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.

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.

Fintech / Regtech

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.

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.

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.

ESG / Sustainability

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.

Fintech / Regtech

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.

Enforcement

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.