Markets & Infrastructure

Anti-Money Laundering

Japan’s FSA Orders Moomoo Securities to Halt New Client Onboarding

By Mark Johnston | 23/06/2026

The regulator has imposed a three-month suspension, citing significant failures in compliance, customer protection, anti-money laundering, and cybersecurity controls.

Conduct, Culture & Accountability

KPMG Australia Admits Client Data Leak Amid Calls for Tighter Regulation

By Sanday Chongo Kabange | 23/06/2026

The firm has admitted to leaking confidential client data as ASIC calls the scandal an "egregious breach of trust".

Structural Regulation

Thailand's First Virtual Bank Goes Live as Clicx Opens for Business

By Nithya Subramanian | 23/06/2026

Backed by Krungthai Bank, AIS and PTT OR, Clicx has become the first of Thailand's three licensed virtual banks to launch operations.

Structural Regulation

China Adds US Rare Earths Firms to Export Control List

By Mark Johnston | 23/06/2026

Beijing has prohibited the export of dual-use items to ten US companies, including two rare earths producers, in a retaliatory move.

Credit Risk

Bank Indonesia Extends Credit Card Relief Measures to End-2026

By Editors | 23/06/2026

The central bank will maintain lower minimum payments and capped late fees to support public purchasing power and sustain domestic economic activity.

Structural Regulation

Taiwan Approves Three More Banks for High-Net-Worth Business

By Editors | 22/06/2026

The FSC has licensed three more banks to provide wealth management services, expanding its programme for high-asset clients to 24 institutions.

Market Abuse

Sri Lanka SEC Secured Record Settlement in 2025 Enforcement Drive

By Nithya Subramanian | 22/06/2026

The securities regulator has stepped up enforcement actions under the new SEC Act, collecting over LKR 200 million in disclosed penalties for market misconduct.

Cryptocurrency

Indonesia Takes Action on Finfluencers Promoting Unlicensed Digital Assets

By Editors | 22/06/2026

A regulatory task force has ordered content takedowns and issued new guidance for financial influencers, with formal regulations expected to be established soon.

Payments & Settlements

China, Myanmar to Operationalise Direct CNY-Kyat Settlement

By Editors | 22/06/2026

The two nations have agreed to operationalise a direct currency settlement mechanism as part of a broader push to deepen economic and strategic cooperation.