Markets & Infrastructure

    Supervision & Enforcement

    MAS Bars Two from Great Eastern Financial Advisers for Forgery, Concealment

    By Nithya Subramanian | 09/10/2025

    MAS has imposed a three-year ban on Marcus Tham and Charles Chong after determining they are not “fit and proper persons” under the FSMA.

    Emerging Prudential Risks

    IMF Calls for EM Policy Reform to Bolster FX and Debt Market Resilience

    By Mark Johnston | 09/10/2025

    Emerging economies must strengthen surveillance, close data gaps and boost operational resilience to withstand future shocks, the IMF has warned.

    CBDCs

    Hong Kong Explores Enhancements for e-CNY Wallet

    By Manesh Samtani | 09/10/2025

    Hong Kong authorities are discussing higher transaction limits and new use cases for the digital yuan pilot but have no firm timeline.

    Conduct, Culture & Accountability

    Korea Approves New Rules to Curb Misselling of High-Risk Products

    By Manesh Samtani | 09/10/2025

    The new rules mandate upfront risk warnings, strengthen suitability tests, and give consumer protection officers new powers over sales KPIs.

    Fraud, Scams & Cybercrime

    Singapore Court Fines Ex-investment Officer Over Undisclosed Conflicts in Nickel Scam

    By Nithya Subramanian | 09/10/2025

    Former Envysion Wealth Management director Doo Chun Ki is the first individual convicted under an SFA rule on managing conflicts of interest.

    Payments & Settlements

    India Launches Foreign Currency Settlement System at GIFT IFSC

    By Nithya Subramanian | 08/10/2025

    The new system allows IFSC Banking Units to locally settle USD transactions, cutting reliance on overseas banks and strengthening the hub’s global status.

    Operational Risk

    Australia to Tighten Rules for Managed Investment Schemes

    By Sanday Chongo Kabange | 08/10/2025

    The government has asked ASIC to review financial requirements for MIS operators following investor losses in the Shield and First Guardian funds.

    Clearing & Post-Trade

    Indonesian Regulators Partner to Deepen Repo Market

    By Nithya Subramanian | 08/10/2025

    BI, OJK, and KPEI launched a tri-party repo system and expanded GMRA adoption to modernise the market, enhancing transparency, liquidity, and financial stability.

    Payments & Settlements

    BNM Launches RENTAS+ to Enable 24/7 Interbank Settlement

    By Nithya Subramanian | 08/10/2025

    The modernised real-time settlement system, enables continuous interbank fund transfers and reduces risks from the rapid growth of instant payments.

    Trading & Investment

    India’s Supreme Court to Examine Constitutional Validity of Securities Tax

    By Nithya Subramanian | 08/10/2025

    The petitioner claims Securities Transaction Tax violates fundamental rights and results in double taxation on market trades.

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