Markets & Infrastructure

Conduct, Culture & Accountability

Korea Proposes Record Penalties for ELS Mis-selling by Banks

By Mark Johnston | 03/12/2025

The FSS has notified five banks of record penalties totalling KRW 2 trillion over mis-sold derivatives, threatening capital ratios.

Structural Regulation

Bank of Thailand Proposes New FX Rules to Rein in Strong Baht

By Nithya Subramanian | 03/12/2025

Measures include raising the foreign income repatriation limit and tightening oversight of gold-related transactions to manage currency volatility.

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Fraud, Scams & Cybercrime

FSC Korea Proposes Harsher Penalties for Accounting Fraud

By Manesh Samtani | 03/12/2025

New rules will increase fines based on the duration of misconduct and target unofficial company leaders who orchestrate fraud.

Trading & Investment

Korean Lawmakers Agrees on New Dividend Tax Regime

By Mark Johnston | 02/12/2025

South Korean lawmakers agree on dividend tax reforms to incentivise shareholder returns while deadlock remains on corporate tax rate increases.

Conduct, Culture & Accountability

ASIC Updates Guidance for Industry Codes of Conduct

By Sanday Chongo Kabange | 02/12/2025

ASIC's nNew regulatory guide details criteria for approving financial industry codes, including independent reviews and the role of enforceable provisions.

Sustainable Finance

RBI Unveils Five-Year Strategy to Advance Financial Inclusion

By Nithya Subramanian | 02/12/2025

The strategy outlines five core objectives and 47 action points aimed at improving last-mile access, strengthening consumer protection, and promoting financial services across India.

Trading & Investment

India to Establish Market Making Framework for Sub-AAA Corporate Bonds

By Nithya Subramanian | 02/12/2025

The market-making framework for sub-AAA corporate bonds is being developed at the government’s request, aimed to boost liquidity and make lower-rated debt more tradable for investors.

Structural Regulation

Pakistan Launches Council to Overhaul Capital Market Taxes

By Mark Johnston | 02/12/2025

Finance Minister Muhammad Aurangzeb orders comprehensive tax review and establishes working groups to shift economy from bank reliance to market-based financing.

Payments & Settlements

IADI Targets E-Money, Crisis Management in 2026 Priorities

By Manesh Samtani | 02/12/2025

A key focus is on digital finance, including research addressing the treatment of e-money and its implications for financial stability.