Markets & Infrastructure

Conduct, Culture & Accountability

China to Mandate Pay Cuts for Underperforming Fund Managers

By Mark Johnston | 10/12/2025

China's fund industry body has issued draft rules tying pay to long-term investor returns, mandating co-investment and introducing clawback provisions.

Conduct, Culture & Accountability

New Zealand FMA Targets Board Oversight in Product Review Findings

By Sanday Chongo Kabange | 09/12/2025

FMA review finds firms are failing to adequately review legacy products and boards lack proper oversight of consumer outcomes.

Conduct, Culture & Accountability

SEBI Launches PaRRVA Framework to Verify Performance Claims, Tackle Finfluencers

By Nithya Subramanian | 09/12/2025

The new SEBI-backed verification agency aims to curb misleading claims from finfluencers and provide investors with independently verified performance data.

Capital Adequacy

CSRC Outlines 'Differentiated Regulation' to Build 'First-Class' Investment Banks

By Manesh Samtani | 09/12/2025

The CSRC signals looser capital and leverage rules for top firms and stricter oversight for others to foster global champions.

Clearing & Post-Trade

ASIFMA Urges Caution on APAC T+1 Shift, Citing Major Hurdles

By Manesh Samtani | 09/12/2025

A new industry paper highlights significant FX, operational and regulatory hurdles, calling for collaboration before any move to a shorter settlement cycle.

Trading & Investment

RBI Unveils New Rupee Interest Rate Derivatives Framework

By Nithya Subramanian | 09/12/2025

RBI issues a unified rulebook allowing broader resident and non-resident participation to deepen market liquidity and internationalise the rupee.

Structural Regulation

RBI Issues Final Rules to Ringfence Banks’ Core Activities

By Nithya Subramanian | 09/12/2025

The rules tighten how banks and financial groups undertake non-core activities, setting clearer boundaries, stricter investment limits, and more harmonised oversight across entities.

Clearing & Post-Trade

EME Derivatives Growth Hindered by Structural Barriers, BIS Survey Finds

By Manesh Samtani | 09/12/2025

Turnover in emerging market derivatives has grown, but offshore clearing and a lack of local exchange-traded markets remain key challenges.

AI Risk & Governance

Australia Examines Misuse of AI and Exam Cheating by Auditors

By Sanday Chongo Kabange | 09/12/2025

Government officials are reviewing Deloitte's contracts and questioning KPMG over AI's role in exam cheating that was not reported to ASIC.