Liquidity Risk

Korea: K Bank Submits Emergency Plan to FSS

08/04/2025

The FSS had requested the emergency plan amid concerns about the high concentration of funds related to Upbit deposited in K Bank.

Cloud & Infrastructure

Korea FSS Summons Kiwoom Securities to Explain Trading Outages

08/04/2025

Executives from over ten securities firms were called in to discuss measures to ensure stable IT system operations.

Structural Regulation

KRX Revises Rules for Companies Undergoing Delisting Reviews

08/04/2025

Companies undergoing delisting reviews will be required to publicly disclose key components of their improvement plans.

Stablecoins

Japan’s SMBC Establishes Agreement to Commercialise Stablecoin

08/04/2025

SMBC signed an MoU with TIS, Ava Labs and Fireblocks to develop a framework for stablecoin issuance and circulation.

Conduct, Culture & Accountability

New Zealand’s CoFI Implementation Starts Well, Says FMA

08/04/2025

The FMA issued a report presenting findings from a review of 38 fair conduct programmes from FIs operating in New Zealand.

Cybersecurity

GLEIF Certifies Finema as First Southeast Asia-Based vLEI Issuer

08/04/2025

Finema’s designation as a Qualified vLEI Issuer is intended to address challenges faced by SMEs in Southeast Asia engaging in cross-border trade.

Structural Regulation

ASX Faces Renewed Resistance on Dual-Class Shares Proposal

08/04/2025

ASX is seeking to introduce dual-class shares to attract more listing candidates but there are concerns that some shareholders would be given too much power.

Conduct, Culture & Accountability

New Zealand FMA Files Civil Action Against IAG for Fair Dealing Breaches

08/04/2025

Approximately 269,000 customers were affected by incorrect pricing breaches, with overcharges totalling NZD 35 million.

Anti-Money Laundering

Japan FSA Proposes Tighter Security Rules for Safe Deposit Boxes

08/04/2025

The proposed rules prohibit cash storage in safe deposit boxes and mandate stricter security checks at banks.