ESG / Sustainability

Hong Kong SFC Calls for Rethink of 'Perfunctory' Director Training

30/07/2025

The SFC's Chairman says tailored, group-based training is vital for board performance and to maintain the city's status as a global financial hub.

Australia's FSC Proposes Overhaul of 'Outdated' Financial Advice Licensing

30/07/2025

The FSC has suggested tiered licensing, individual adviser accountability, and stricter capital rules to address rising systemic risks in a fragmented market.

Capital / Liquidity

APRA Proposes Major Changes to Bank Licensing Framework

30/07/2025

APRA is aiming to cut lengthy assessment times and may scrap its pathway for restricted new market entrants.

Securities / Derivatives

ASX Mandates Faster Disclosure of Listing Rule Waivers

30/07/2025

ASX is requiring listed companies to announce details of any waivers received within one business day. A disclosure can be made later if it relates to a confidential issue.

Fintech / Regtech

Philippines Drafts Tiered Capital Rules for Digital-Centric Banks

30/07/2025

The BSP says the new framework links prudential requirements to digitalisation levels, with top-tier banks facing potential mandatory conversion to a digital bank licence.

Enforcement

Banks to Refund Low-Income Customers for "Fee Harm", ASIC Says

30/07/2025

ASIC has directed banks to overhaul product design and migration processes after uncovering widespread excessive fees for vulnerable customers.

Crypto / Digital Assets

Hong Kong Sets Out Details for New Stablecoin Licensing Regime

30/07/2025

The HKMA has finalised its new rules for stablecoin issuers, which will take effect from 1 August 2025, with the first licences expected in early 2026.

Market Infrastructure

Australian Regulators Update Crisis Management Coordination Framework

30/07/2025

Regulators updated key coordination agreements, clarifying roles and formalising processes for macroprudential policy, regulatory planning, and crisis response.

HKMA to Cut 2026 Budget, Freeze Hiring, Reports Say

29/07/2025

The HKMA will reportedly reduce its operating budget by 5 percent and halt new hiring, aligning with broader government austerity measures.