Markets & Infrastructure

Structural Regulation

ASIC Updates Complaints Data Rules to Cover BNPL, Digital Assets

By Sanday Chongo Kabange | 02/12/2025

ASIC has updated its mandatory internal dispute resolution data reporting handbook, adding new categories for emerging financial products and enhancing data validation.

Fraud, Scams & Cybercrime

EU Agrees to Shift Fraud Liability to Payment Providers and Online Platforms

By Manesh Samtani | 02/12/2025

New framework introduces mandatory payee verification, enhances open banking access, and makes payment firms liable for impersonation scams.

Payments & Settlements

OCBC to Enable WeChat Pay QR Payments in China in 2026

By Nithya Subramanian | 02/12/2025

The move results from an expanded partnership with UnionPay International, formalised on 28 November 2025 in Shanghai.

Operational Risk

ASX Suffers Another Outage, Drawing Fresh Scrutiny from Regulators

By Sanday Chongo Kabange | 02/12/2025

A technical failure on the ASX's announcements platform on Monday halted trading in dozens of stocks.

Clearing & Post-Trade

CME Outage Halts Global Trading, Spurs Calls for More Competition

By Manesh Samtani | 02/12/2025

A 10-hour outage caused by a data centre cooling failure trapped traders and highlighted market structure vulnerabilities.

Structural Regulation

China Progresses Major Reforms for Accounting Industry

By Manesh Samtani | 02/12/2025

The proposed amendment introduces a new audit framework for specific entities, a tiered liability system, and stricter cross-border data rules.

Payments & Settlements

India Launches New Platform to Give RBI Greater Payments Visibility

By Nithya Subramanian | 02/12/2025

The 'Banking Connect' platform gives the RBI real-time visibility into net-banking fund transfers, replacing long reporting delays and tightening oversight of high-risk payment flows.

Trading & Investment

China Proposes to Launch New Commercial REITs Pilot Programme

By Mark Johnston | 02/12/2025

The CSRC seeks public feedback on draft rules designed to broaden financing channels and revitalise the country’s vast stock of commercial assets.

Structural Regulation

SEBI Launches New Scheme for Firms Seeking Informal Guidance

By Nithya Subramanian | 02/12/2025

The updated scheme sets out a more structured process for obtaining no-action and interpretive letters, introduces clearer timelines and confidentiality rules.