Markets & Infrastructure

Cryptocurrency

ESMA Orders Unauthorised Crypto Firms to Cease Operations

By Manesh Samtani | 26/06/2026

Unauthorised firms are instructed to implement wind-down plans and communicate with their clients about the termination of services.

Structural Regulation

HKEX Confirms Phased Rollout of 2nd Phase of Spreads Reduction Plan

By Sanday Chongo Kabange | 26/06/2026

The exchange will implement Phase 2 of its minimum spreads reduction in two steps, with initial system adjustments scheduled for July.

Reporting & Disclosures

Taiwan Proposes Reporting Rule Overhaul to Align with IFRS 18

By Editors | 26/06/2026

The regulator has proposed amendments for banks and financial holding companies to adopt IFRS 18 and has mandated fully paperless report submissions.

Structural Regulation

SEBI Proposes Common Advertisement Code to Ease Compliance

By Nithya Subramanian | 25/06/2026

The framework seeks to replace multiple advertising regulations with a single code, permit celebrity brand endorsements, and shift from a pre-approval to post-reporting model.

Structural Regulation

China Submits Foundational Financial Law to Legislature

By Mark Johnston | 25/06/2026

The draft law seeks to create a unified regulatory framework, strengthen risk prevention, and provide a legal cornerstone for building a 'financial powerhouse'.

Payments & Settlements

RBI Revamps TReDS Rules to Improve MSME Access to Finance

By Nithya Subramanian | 25/06/2026

New framework simplifies MSME onboarding, permits credit guarantees for financiers, and harmonises the regulatory landscape for platform operators.

Capital Adequacy

RBI Aligns UPI Credit Rules with Traditional Loans

By Nithya Subramanian | 25/06/2026

The RBI mandated that the nature of a loan, not its delivery channel, determines its regulatory treatment, closing a regulatory arbitrage opportunity.

CBDCs

EU Lawmakers Advance Digital Euro, Setting Stage for Final Talks

By Manesh Samtani | 25/06/2026

The move aims to bolster monetary sovereignty and sets a global precedent for CBDC design, privacy, and financial stability safeguards.

Market Data & Technology

RBA Paper Proposes Design Changes to Bolster SOFIA Benchmark

By Sanday Chongo Kabange | 25/06/2026

Research from Australia's central bank recommends mandatory exclusion of related-party trades and wider trimming to improve the new reference rate.