ASIC Warns Firms on Legal Duty to 'Put Customers First'

29/10/2025

ASIC highlights enforcement on hardship and fees, signals move to publish firm-level complaint data to drive better consumer outcomes.

Securities / Derivatives

Korean Regulators Raid NH Securities Over Tender Offer Insider Trading Probe

29/10/2025

A senior executive is accused of leaking information on 11 deals, leading to an alleged KRW 2 billion in illicit gains.

Fintech / Regtech

GLEIF Opens Shanghai Office Amid China's Push for Digital IDs

29/10/2025

The foundation's move supports China’s drive to digitalise trade and follows local incentives to subsidise Legal Entity Identifier issuance.

Securities / Derivatives

SFC Suspends Ex-Broker for Misconduct Linked to Ramp-and-Dump Probe

29/10/2025

The SFC has penalised a former Shanxi Securities representative for using a client’s password to place 945 trades.

Securities / Derivatives

Korea Moves to Permanently Ease Foreign Omnibus Account Rules

29/10/2025

The FSC says the proposal aims to formalise a regulatory sandbox exemption to improve market access and attract more overseas investment.

Securities / Derivatives

HKMA Updates Guidance on Staff Registration and Vetting

29/10/2025

The HKMA has consolidated existing rules, emphasising due diligence, reference checks, and the personal liability of senior managers.

Enforcement

Australia Raids WiseTech Over Founder's 'Blackout Period' Share Trading

29/10/2025

ASIC and the AFP searched WiseTech Global’s Sydney office over alleged share trading by founder Richard White.

Crypto / Digital Assets

China Reaffirms Crypto Ban, Warns on Stablecoin Risks

29/10/2025

The PBOC will continue its crackdown on virtual currencies and monitor overseas stablecoins while launching new e-CNY infrastructure.

ESG / Sustainability

HKMA Issues Additional Guidance on Climate Risk Management

29/10/2025

The HKMA is urging banks to adopt quantitative metrics, bridge data gaps, and embed climate considerations across all traditional risk types.