Market Infrastructure

Regulators Announce More Swap Connect Enhancements

16/05/2025

The tenor of IRS contracts will be extended to 30 years and the product scope of Swap Connect will be expanded.

Market Infrastructure

Hong Kong Passes Company Re-domiciliation Legislation

16/05/2025

The new regime provides an easier process for non-Hong Kong-incorporated companies to re-domicile to the city.

AML / KYC

HKMA to Help Banks Deploy AI for Transaction Monitoring

16/05/2025

HKMA has received submissions from banks describing their progress to incorporate AI in their transaction monitoring systems.

Market Infrastructure

HK SFC, Abu Dhabi FSRA Enhance Cross-Border Investment Supervision

15/05/2025

The SFC and Abu Dhabi’s FSRA will cooperate on supervision of investment managers of collective investment schemes based in either market.

Securities / Derivatives

HK SFC Agrees Funds Recognition Framework With Ireland

15/05/2025

The agreement allows the distribution of eligible HK and Irish public funds in each other’s markets via the new FASTrack process.

Securities / Derivatives

Malaysia SC Signs Enhanced IOSCO Framework on Multilateral Cooperation  

15/05/2025

The SC signed IOSCO’s EMMoU, the global benchmark for international cooperation between securities and derivatives market regulators.

AML / KYC

AUSTRAC Orders AML/CTF Audit of Mercedes Benz Financial Services

15/05/2025

Almost 90 percent of non-bank lenders and financiers did not report a single suspicious matter to AUSTRAC in 2024.

Enforcement

ASIC Sues Macquarie Securities Over Short Sales Reporting

14/05/2025

ASIC has sued Macquarie Securities for, what it claims is, repeated and systemic misleading conduct relating to the failure to report the volume of short sales.

Market Infrastructure

HK and Ontario Deepen Cross-Border Investment Management Supervision

14/05/2025

The SFC and OSC will collaborate on the supervision of CIS investment managers operating in Hong Kong and Canada.