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Clearing & Post-Trade
CFTC Grants JSCC Conditional Approval for US Client Clearing
By Manesh Samtani | 17/09/2025
The decision allows US customers to access the world's most liquid yen swap market, subject to strict disclosure rules on bankruptcy protections.

Payments & Settlements
Bangladesh Bank to Roll Out Unified Digital Payment System
By Nithya Subramanian | 17/09/2025
The interoperable platform will link banks, mobile wallets, and digital services, cutting cash-use costs and driving Bangladesh towards a cashless economy.

Clearing & Post-Trade
Japan Proposes Rule Change to Widen CCP Scope for Investment Trusts
By Editors | 17/09/2025
The FSA has opened a consultation on a proposal to allow central counterparties to clear a broader range of funds, including active ETFs.

Structural Regulation
India Considers Allowing 100% Foreign Ownership of Insurers
By Nithya Subramanian | 17/09/2025
The Insurance Amendment Bill seeks to lift India’s FDI cap from 74% to 100%, alongside other changes aimed at boosting competition and protecting policyholders.

Market Abuse
Hong Kong SFC Imposes Five Year Ban on Former Citi Executive
By Sanday Chongo Kabange | 17/09/2025
The SFC says Richard Heyes is responsible for a decade of serious internal control failures and dishonest practices in Citigroup Global Markets' Asia equities business.

Conduct, Culture & Accountability
Singapore Court Addresses 'Absolute Discretion' in Loan Agreements
By Manesh Samtani | 16/09/2025
A High Court ruling implies a duty of good faith, meaning banks should be able to justify discretionary actions and avoid arbitrary decisions.

Trading & Investment
Korea Exchange Opens 4th International Office in New York
By Nithya Subramanian | 16/09/2025
The new office is expected to expand the exchange's presence and attract global investors.

Structural Regulation
HKMA Revises Supervisory Guide on Visiting Finance Professionals
By Manesh Samtani | 16/09/2025
HKMA extends the permissible engagement period for itinerant professionals to 45 days and consolidates rules for fund depositaries.

Structural Regulation
Vietnam Simplifies Procedures for Channelling Investment Into Startups
By Nithya Subramanian | 16/09/2025
Decision by the Ministry of Finance is expected to cut red tape and accelerate approvals to boost capital flows into innovative SMEs.

Operational Risk
FSS Korea Urges Real Estate Trust Firms to Bolster Internal Controls
By Nithya Subramanian | 16/09/2025
Korea’s FSS has asked firms to set aside conservative provisions, strengthen liquidity, and tighten oversight after a review exposed weaknesses in the real estate sector.
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