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AML / KYC
PBOC Proposes to Update Reporting Rules for Suspicious Transactions
By Manesh Samtani | 17/07/2025
The PBOC has launched a consultation to align rules with a new AML law, introducing non-site inspections and extending record-keeping requirements.

Market Infrastructure
HKEX Consults on T+1 Settlement Cycle for Cash Equities Market
By Sanday Chongo Kabange | 17/07/2025
HKEX has initiated a market-wide consultation on shortening its settlement cycle, highlighting significant operational challenges for global firms.

AML / KYC
MAS Mandates 2FA for All Online Financial Accounts, Tightens Exemptions
By Manesh Samtani | 17/07/2025
MAS updates guidance to make two-factor authentication mandatory for all customers, shifting from a client-based to an access-based exemption model.

Securities / Derivatives
Japan Cautiously Considering Move to T+1 Equities Settlement
By Manesh Samtani | 16/07/2025
FSA study group urges a cautious approach while monitoring regional peers, highlighting risks of settlement fails and time zone challenges for foreign investors.

Securities / Derivatives
Shanghai Exchange Launches ‘Growth Tier’ for Unprofitable Tech Firms
By Editors | 16/07/2025
New STAR Market tier for pre-profit tech companies goes live with 32 firms, featuring distinct delisting rules and enhanced investor risk warnings.

ESG / Sustainability
China Extends Green Finance Project Catalogue to Cover Loans
By Editors | 16/07/2025
The updated green finance catalogue unifies project standards for loans and bonds, expanding its scope to cover new industries.

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.
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