AML / KYC

Australia Consults on Mandatory Anti-Scam Regime for Banks, Digital Platforms

02/12/2025

The government has released draft rules designating sectors and outlining new obligations for preventing, detecting, and responding to scams.

Vietnam and Australia Deepen Financial Policy Dialogue

01/12/2025

Officials discussed public finance, investment facilitation, and financial market development as part of a bilateral cooperation agreement.

Enforcement

Westpac New Zealand Penalised for Lender Responsibility Breaches

01/12/2025

The penalty, the largest of its kind under New Zealand’s credit act, follows systemic failures in providing legally required loan information.

Securities / Derivatives

Hong Kong SFC Streamlines Post-Authorisation Rules for UCITS Funds

01/12/2025

The SFC has removed prior approval requirements for many scheme changes, aiming to boost efficiency and market competitiveness.

Securities / Derivatives

Australia Passes Omnibus Bill to Amend Beneficial Ownership, Adviser Education Rules

01/12/2025

The wide-ranging law introduces new derivative disclosure rules, fixes a key financial adviser education pathway, and extends small business support.

Fintech / Regtech

Korea Passes Legislation to Tighten Rules for Payment Gateways

01/12/2025

New rules mandate external management of settlement funds and higher capital requirements following a major non-settlement incident in 2024.

ASIC Consults On Super Fund Disclosure for Private Debt, Stamp Duty

01/12/2025

ASIC seeks to ease confidentiality concerns for private debt and smooth stamp duty cost reporting in consumer disclosures.

Capital / Liquidity

FSB Issues Updated G-SIB List, Moving ICBC & BofA to Higher Buckets

30/11/2025

ICBC and Bank of America moved to higher risk buckets and Deutsche Bank to a lower one. The FSB also published a list of 17 insurers that are subject to resolution planning standards.

Trending

Hong Kong Regulators Direct Banks, Insurers to Aid Fire Victims

30/11/2025

Authorities are calling on banks and insurers to provide flexibility on loans and claims, as financial firms donate millions for relief efforts.