AML / KYC

Philippine Stock Exchange Signs Legal Aid Pact with Bar Association

07/05/2025

Under the agreement, stock market investors can receive free legal assistance to address harms such as those caused by securities fraud.

Capital / Liquidity

RBNZ Publishes Stress Test Results for Insurers

07/05/2025

RBNZ said policyholder claims would be met in the “seismic” scenario that was tested, demonstrating the resilience that is built into the system.

Enforcement

ASIC Imposes Additional Licence Conditions on Macquarie

07/05/2025

ASIC cited failures in Macquarie Bank’s futures dealing business and OTC derivatives trade reporting functions.

Market Infrastructure

Hong Kong Launches Specialist Tech Firm Listing Channel

07/05/2025

Tailored guidance will be provided to specialist technology and biotech companies seeking to list in Hong Kong.

Fintech / Regtech

ASIC Launches New Digital Portal for AFS Licensees

06/05/2025

The new portal will streamline the way AFS licensees submit applications and make notifications to ASIC.

Big Picture

RBNZ Report Assesses Impact of AI on Financial Stability

06/05/2025

RBNZ’s Kerry Watt said AI’s impact could be positive, especially in enhancing resilience, but it could also introduce or amplify vulnerabilities

Enforcement

NZ High Court Orders Westpac to Pay Penalty for Misleading Customers

03/05/2025

Westpac was fined for failing to deliver contractually agreed discounts to over 20,000 customers, a breach of the FMCA’s fair dealing provisions.

Crypto / Digital Assets

Australia NASC Reports Surge in Phishing Scams, Financial Losses

02/05/2025

The NASC has recorded an increase in phishing scams, resulting in losses of AUD 11.1 million from 1 January to 23 March this year.

Market Infrastructure

Hong Kong Regulators Taking Forward Review of Listing Regime

02/05/2025

Christopher Hui told LegCo that the SFC and HKEX are taking forward a comprehensive review on reforming the listing regime.