Enforcement

ASIC Bans Another MWL Adviser Linked to Shield Controversy

22/10/2025

ASIC has banned Wade Spooner for eight years over advice linked to the collapsed Shield Master Fund, which has pushed MWL Financial Group into administration.

Securities / Derivatives

Philippines Lifts Non-Resident Cap on BSP Securities for Pension Funds

22/10/2025

The BSP has exempted Personal Equity and Retirement Account (PERA) funds from a 10 percent non-resident ownership limit for investing in its securities.

Capital / Liquidity

BSP Streamlines Prudential Rules for Islamic Banking

22/10/2025

The BSP has simplified capital requirements and adopted a flexible approach to liquidity rules in a bid to support the sector's growth.

Market Infrastructure

ASX Proposes to Tighten Shareholder Approval Rules for M&A

21/10/2025

ASX is consulting on lowering the cap for dilutive takeovers without a shareholder vote and adding new approval requirements for dual-listed companies.

Crypto / Digital Assets

SFC Backs Industry Initiatives on Digital Asset Fund Compliance

21/10/2025

The SFC has signalled its support for efforts to strengthen risk management and compliance standards for digital and tokenised investment funds.

ESG / Sustainability

ASIC Updates Guidance on Communicating Audit Findings to Boards

21/10/2025

ASIC will inform directors when audit reviews begin and has expanded its oversight to include superannuation fund audits.

Enforcement

Hong Kong SFC Fines UBS HK$8m for Investor Classification Failures

21/10/2025

The penalty relates to a 12-year systems failure that led to securities lending and the sale of complex products to ineligible clients.

Securities / Derivatives

NZX Mandates Stricter Business Continuity, Governance Rules

20/10/2025

NZX has finalised new operational resilience rules for participants and will mandate stricter director independence disclosures from 2026.

Market Infrastructure

Australia Unveils Regulatory Roadmap with New Coordination Mandate

20/10/2025

The Australian government has released a two-year financial reform plan, introducing new principles to improve the rollout of major regulations.