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Conduct, Culture & Accountability
Hong Kong SFC Fines Brokerage for Cross Trade Reporting Failures
By Sanday Chongo Kabange | 09/09/2025
The SFC said Instinet Pacific failed to report over 8,800 cross trades valued at HKD 25.9 billion over a five-and-a-half-year period, breaching multiple conduct rules.

Structural Regulation
FSC Taiwan Offers Incentives to Attract Foreign Asset Managers
By Nithya Subramanian | 08/09/2025
The new measures include fast-track fund approvals and higher domestic investment caps for foreign firms that establish regional centres in Taiwan.

Trading & Investment
SGX RegCo Proposes Streamlined Rules for ETF Market-Makers
By Nithya Subramanian | 08/09/2025
The proposal includes easing administrative requirements for ETF market-makers by scrapping notification and announcement obligations.

Structural Regulation
RBI Mandates Online Submission of Internet, Mobile Banking Returns via CIMS
By Nithya Subramanian | 08/09/2025
Banks and payment entities must file monthly returns through RBI’s new CIMS from August 2025 onwards, with non-compliance attracting penalties.

Supervision & Enforcement
ANZ New Zealand to Pay NZ$3.25m Over Misleading Statements
By Editors | 08/09/2025
The payment follows admissions by the bank that it breached fair dealing laws related to unarranged overdraft fees and mortgage incentive clawbacks.

Cryptocurrency
ASIC Takes Crypto 'Financial Product' Definition to High Court
By Editors | 08/09/2025
The regulator will appeal a lower court ruling that a fixed-yield crypto product was not a financial service requiring a licence.

Trading & Investment
CSRC Proposes Deep Cuts to Mutual Fund Sales Fees
By Editors | 08/09/2025
The move is the final step in a broader industry overhaul and is expected to save investors approximately CNY 30 billion annually.

Conduct, Culture & Accountability
Korea's IBK Uncovers Employee Misconduct with New Audit System
By Nithya Subramanian | 08/09/2025
The KRW 1.89 billion conflict-of-interest case did not result in financial loss but will be reported to investigative authorities.

Trading & Investment
Vietnam Scraps Planned Tax Hikes on Securities and Property Transfers
By Mark Johnston | 08/09/2025
The finance ministry has withdrawn contentious proposals for a 20 percent tax on gains, opting to maintain current rates to ensure market stability.

Conduct, Culture & Accountability
HK SFC Suspends Former Asset Manager RO for Fund Failures
By Editors | 06/09/2025
The former RO failed to address significant conflicts of interest and NAV inflation in a fund managed by the now-dissolved Agg Asset Management.
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