Market Abuse

Kakao Risks Losing Control of Kakao Bank Over Regulatory Breach

04/09/2025

A potential criminal penalty could force the tech giant to sell down its majority stake in its digital bank due to shareholder eligibility rules.

Tokenisation

Chinese SOE Issues First Publicly Tradeable Tokenised Bond

04/09/2025

This is the first time tokenised securities created on a public blockchain have been formally listed for trading on traditional financial exchanges.

Emerging Prudential Risks

South Korea to Launch KRW 1 Trillion Fund to Support Tariff-Hit Industries

04/09/2025

Fund managers will be offered incentives, such as enhanced fees, for investing in six designated industries. Proposals being accepted until 24 September.

Stablecoins

South Korea's Kbank to Develop Stablecoin-based Payment Services

04/09/2025

The internet-only bank aims to develop stablecoin-based cross-border payment and remittance services, eyeing expansion in Asia and the Middle East.

PEPs & Sanctions

Sanctioned Chinese Bank Stops Processing Russia Payments - Reports

03/09/2025

Heihe Rural Commercial Bank has halted Russia payments after EU sanctions prompted other Chinese banks to refuse to accept funds from the bank.

Cybersecurity

Taiwan Mandates New Audit and Cyber Rules for Securities Firms

03/09/2025

The new rules set minimum internal audit staffing levels and require cybersecurity self-assessments for firms seeking to expand their business or open new branches.

Trading & Investment

Taiwan Raises Onshore Investor Cap for Offshore Funds to 90pc

03/09/2025

The FSC will permit a higher domestic investment ratio for offshore fund managers who establish core asset management operations, such as research or trading, in Taiwan.

Anti-Money Laundering

Luxembourg Fines Alipay Europe for AML Breaches

03/09/2025

The CSSF identified significant failures in transaction monitoring, customer due diligence, and outsourcing oversight at the electronic money institution.

Structural Regulation

ASIC Seeks Industry Input on Major Regulatory Simplification Drive

03/09/2025

ASIC has cut over 9,200 pages of regulation and is piloting consolidated rules in a multi-year bid to reduce compliance costs and complexity for firms.