Securities / Derivatives

Philippines SEC Considers Term Limits for PSE Broker Directors

13/10/2025

The proposal aims to level the playing field with non-broker and independent directors and increase opportunities for board participation.

Enforcement

Hong Kong MPFA Imposes Record 13-Year Ban on MPF Intermediary

13/10/2025

The sanction, the most severe of its kind, follows findings by the MPFA that the former AIA-attached agent forged client signatures and misused personal data.

AML / KYC

HK Police Bust Syndicate Using AI to Trick Banks' Remote KYC Checks

13/10/2025

The HKPF says the syndicate used AI-altered identity documents to successfully open accounts remotely, prompting calls for banks to integrate with government digital ID systems.

Securities / Derivatives

Taiwan Drafts Rules to Allow Discretionary Mandates into Private Equity

13/10/2025

The FSC aims to grant asset managers more flexibility by opening discretionary accounts to private equity and certain offshore funds, subject to strict conditions.

Fintech / Regtech

Taiwan FSC Proposes to Tighten Outsourcing Rules for Insurers

13/10/2025

New draft regulations require prior regulatory approval from the FSC for material offshore IT outsourcing and establish data residency principles for cloud services.

Fintech / Regtech

Hong Kong to "Regularise" Mainland Credit Data Sharing Scheme

13/10/2025

The move aims to help banks assess the creditworthiness of mainland individuals and firms, while new guidance is being drafted for using alternative data.

Securities / Derivatives

Philippine Bourse to Ease Disclosure Rules to Revive IPO Market

13/10/2025

The PSE plans to relax compliance requirements for smaller firms to address a tepid year for new listings and encourage flotations from SMEs.

Market Infrastructure

ASIC Warns of 'Significant' Gaps in Offshore Outsourcing Controls

13/10/2025

A review by ASIC has found serious weaknesses in how financial advice licensees and fund managers oversee offshore providers, exposing consumers to harm.

Capital / Liquidity

RBNZ Formalises Competition Test for Prudential Policymaking

13/10/2025

The RBNZ has issued guidelines to ensure competition is weighed against financial stability goals, following a critical review of the banking sector.