Markets & Infrastructure

Structural Regulation

Australia Defends Contentious Capital Gains Tax Overhaul

By Editors | 22/05/2026

Treasurer Jim Chalmers says the budget measures will fix a “broken” housing market and improve fairness, despite criticism from investors and political opponents.

Supervision & Enforcement

Korea’s FSS Probes IBK Securities Over Real Estate Fund Losses

By Mark Johnston | 22/05/2026

The investigation follows investor complaints of mis-selling after several private real estate funds and bonds incurred significant or total losses amid a market downturn.

Cryptocurrency

ASIC Licenses Crypto Firm Block Earner Despite Ongoing Court Battle

By Sanday Chongo Kabange | 22/05/2026

ASIC has granted a crypto firm its first credit licence, even as it continues to sue the company in the nation's highest court over a separate product.

Clearing & Post-Trade

SEBI Proposes Scrapping Centralised Hub for Institutional Trades

By Nithya Subramanian | 22/05/2026

The proposal aims to replace the two-decade-old centralised system with a decentralised API-based model to reduce concentration risk, costs, and processing delays.

Conduct, Culture & Accountability

Korea Targets Leveraged ETFs, ‘Finfluencers’ in Consumer Protection Push

By Sanday Chongo Kabange | 21/05/2026

The regulator has voiced concerns over retail speculation and market volatility, unveiling pre-emptive measures for securities, insurance, and social media influencers.

Stablecoins

Kalshi, Polymarket Continue Accepting Indian Customers Despite Ban

By Nithya Subramanian | 21/05/2026

The platforms are onboarding Indian users despite a new law banning 'online money games' and a specific warning from MeitY.

Conduct, Culture & Accountability

FMA Sets Out Expectations for New Zealand Insurance Act

By Sanday Chongo Kabange | 21/05/2026

New Zealand’s financial regulator has warned insurers to begin preparations now for the new Contracts of Insurance Act, which comes into force in November 2027.

Market Data & Technology

SFC Mandates Firms to Participate in Rehearsal for HKEX Network Upgrade

By Sanday Chongo Kabange | 21/05/2026

Regulators are requiring exchange participants to test a significant network overhaul, with a focus on operational readiness and investor ID systems.

Cryptocurrency

Japan's SBI and Rakuten Preparing to Introduce Crypto Investment Trusts

By Nithya Subramanian | 21/05/2026

SBI and Rakuten are developing bitcoin and ethereum investment trusts, with the FSA planning a new regulatory framework by 2028.