Australian Banking Association Gets New CEO After 8 Yrs

25/06/2025

Former Federal Finance Minister Simon Birmingham will become the new CEO of the ABA on 18 August.

Market Infrastructure

ASIC Targets Pressure Sales Tactics in Financial Advice Industry

24/06/2025

ASIC is keeping a close eye on high-pressure sales tactics in the financial advice industry to help protect consumers.

Market Infrastructure

Bangladesh to Ease Foreign Firm Loan Rules to Boost Investment

24/06/2025

Under Bangladesh’s revised policy, foreign multinational companies will soon access loans at the same rates as domestic private firms.

Capital / Liquidity

Hong Kong Consults on Stricter Rules for Licensed Money Lenders

24/06/2025

The FSTB is seeking to strengthen the regulatory regime amid concerns over debt, especially among low-income earners and foreign domestic helpers.

Crypto / Digital Assets

Hong Kong Examining Potential for Yuan-Backed Stablecoin

24/06/2025

Christopher Hui said risks must be studied, taking into consideration the Mainland’s monetary policy direction and yuan internationalisation roadmap.

Taiwan FSC Authorises BNP Paribas to Serve High-Asset Customers

24/06/2025

The FSC said BNP Paribas will facilitate the introduction of international wealth management experience into Taiwan, thereby promoting the development of the industry.

Enforcement

South Korean Police Probe Embezzlement Case at Toss Bank

24/06/2025

The embezzlement incident at Toss Bank involved KRW 2 billion. The investigation will be complicated as the suspect “recently passed away”.

Market Infrastructure

HK Asset Manager Calls for Change to Boost City’s ETF Market

23/06/2025

Hang Seng Investment Management has offered three key recommendations to help enhance Hong Kong’s ETF market.

Fintech / Regtech

Mainland China and Hong Kong Launch Fast Payments Link

23/06/2025

HKMA and PBOC launched “Payment Connect”, streamlining cross-boundary payments and remittances between Hong Kong and Mainland China.