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Payments & Settlements
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.

Anti-Money Laundering
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.

Anti-Money Laundering
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.

Capital Adequacy
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.

Emerging Prudential Risks
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.

Clearing & Post-Trade
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.

Fraud, Scams & Cybercrime
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.

Anti-Money Laundering
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.

Trading & Investment
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.

Trading & Investment
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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