Crypto / Digital Assets

Korean Authorities Investigate Bithumb Over Embezzlement

21/03/2025

The investigation centres on claims that Bithumb financed a USD 2 million apartment deposit for its former CEO.

Securities / Derivatives

JSDA Revises Rules on Digital Document Delivery

21/03/2025

Changes to JSDA’s self-regulatory rules aim to standardise and clarify the methods for providing information to customers electronically.

ESG / Sustainability

Japan’s Largest Bank Set to Exit Net-Zero Banking Alliance

21/03/2025

MUFG will reportedly join Nomura Holdings and Sumitomo Mitsui Financial Group in withdrawing from the NZBA.

Japan to Strengthen Safe Deposit Box Security After Employee Thefts

21/03/2025

FSA guidelines will introduce industry-wide security standards for safe deposit box operations.

Securities / Derivatives

JSDA Seeks Public Feedback on Corporate Bond Underwriting Rules

21/03/2025

The draft guidelines seek to increase the use of covenants in corporate bond issuance, particularly for lower rated bonds.

New Zealand FMA Adopts “Outcomes-Focused” Regulatory Approach

20/03/2025

The FMA is seeking to be more “proportionate” and “impactful” in its regulatory efforts, rather than “getting bogged down by minor compliance matters.”

AML / KYC

Europol Report Flags Asia as Key Hub for Financial Crime

20/03/2025

Organised crime groups are leveraging Asia’s financial networks, trade zones, and digital platforms to move illicit funds globally, a new report states.

Enforcement

Vietnam’s SCB Receives Restructuring Proposal from Developer

20/03/2025

Real estate developer Sun Group is seeking approval for a 15-year rescue plan for Saigon Joint Stock Commercial Bank.

Enforcement

Japan: Former Judge Seconded to FSA Admits to Insider Trading

20/03/2025

Prosecutors are seeking a two year sentence for the former judge who used non-public takeover bid information for stock purchases.