AML / KYC

Australia Moves to Single Public Register for Beneficial Ownership

16/10/2025

The government has streamlined its approach, scrapping a two-stage plan in favour of a direct, Commonwealth-operated public database for unlisted companies.

Fintech / Regtech

Japan Launches Latest Cross Industry Cybersecurity Exercise with 177 Firms

15/10/2025

This 10th annual exercise includes drills for data breaches, asset outflows, and a 'blind' scenario for banks to test industry resilience.

AML / KYC

Philippine SEC Proposes Tougher Beneficial Ownership Reporting Rules

15/10/2025

The SEC’s draft rules introduce a seven-day reporting deadline for ownership changes and fines of up to PHP 2 million for false declarations.

Enforcement

New Zealand FMA Warns Finbase Over Wholesale Offer Breaches

15/10/2025

The FMA has cited serious disclosure and fair dealing failures, including misleading advertising and the incorrect use of investor exclusions.

Hong Kong Task Force Charts Course to Aid Mainland Firms' Expansion

15/10/2025

A high-level steering committee including the HKMA and HKEX has met for the first time to discuss strategy for the new one-stop support platform.

Enforcement

ASIC Expands Probe into Mortgage Broking Practices

15/10/2025

ASIC has flagged new surveillances targeting misconduct in the credit sector, with a continued focus on financial hardship and debt collection.

Enforcement

APRA Lifts Final A$500 Million Capital Add-On From Westpac

15/10/2025

The move follows the bank's completion of a multi-year risk remediation programme required under a 2020 court enforceable undertaking.

Securities / Derivatives

HKEX to Launch Hang Seng Biotech Index Futures in November

15/10/2025

HKEX says the new cash-settled contract aims to provide a risk management tool for Hong Kong's fast-growing biotechnology sector.

ASIC Criticises Super Funds for ‘Superficial’ Retirement Communications

15/10/2025

ASIC has found a lack of urgency among trustees in improving member engagement, with significant gaps in support for vulnerable groups.