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Market Infrastructure
Australia Proposes Sweeping Reforms to Card Payments and Surcharges
By Sanday Chongo Kabange | 15/07/2025
The RBA has unveiled plans to ban most card surcharges and slash domestic and cross-border interchange fees in a major industry shake-up.
Enforcement
Singapore Penalises Law Firms Over Role in Money Laundering Case
By Editors | 15/07/2025
MinLaw has fined two firms and referred one lawyer for disciplinary action as part of a wider crackdown on professional enablers.
AML / KYC
Singapore Proposes to Bar Convicted Money Launderers From Directorships
By Editors | 15/07/2025
The proposed legal amendments also aim to enhance the regulatory regime for accountants and reduce the compliance burden for companies.
Securities / Derivatives
SFC Consults On Capital Rule Overhaul for OTC Derivatives Dealers
By Sanday Chongo Kabange | 15/07/2025
The SFC is consulting on Basel III-aligned rules, creating new categories for dealers and introducing the first capital treatments for virtual asset derivatives.
Capital / Liquidity
China Adjusts Insurer Assessment Model to Spur Longer-term Investments
By Editors | 15/07/2025
China has introduced a new "5+3+1" performance assessment model for state-owned insurers, aiming to reduce short-term pressures and guide more capital into the stock market.
Securities / Derivatives
ASX Proposes Plan to Replace Futures Clearing System by Q1 2027
By Manesh Samtani | 14/07/2025
ASX has launched a consultation on replacing its Genium system with a Nasdaq platform, proposing operational and technical changes for participants.
AML / KYC
ACCC to Create 3rd NASC Fusion Cell to Target Romance Scams
By Editors | 14/07/2025
The new 'fusion cell' brings together the public and private sectors, including dating and social media platforms, to disrupt romance scams.
AML / KYC
FATF Establishes New Procedure to Address Harm to NPOs
By Manesh Samtani | 14/07/2025
The new process allows countries and international bodies to report when the misapplication of anti-terror financing standards disrupts legitimate charitable work.
Securities / Derivatives
China Extends Programmatic Trading Reporting Rules to Foreign Investors
By Manesh Samtani | 14/07/2025
New rules from Shanghai and Shenzhen exchanges will require international investors using the Stock Connect scheme to report their algorithmic trading activities from January 2026.
Securities / Derivatives
Hong Kong Proposes ETF Cross-Listing Scheme with South Korea
By Editors | 13/07/2025
Financial Secretary Paul Chan says the move would be a "convenient and immediate" way to boost market links amid growing Korean investor interest.
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