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Trading & Investment
Korea Sees First Issuance of KOFR-Linked Bond by Non-Bank FI
By Manesh Samtani | 14/08/2025
The KRW 200 billion issuance marks a key milestone in the country's regulatory push to establish KOFR as a primary benchmark.

Structural Regulation
India Audit Regulator Expands Scope of Quality Framework
By Editors | 14/08/2025
The expansion will bring auditors of large unlisted companies and other public interest entities under a mandatory quality scheme.

Structural Regulation
SEBI Proposes Major Overhaul of Stock Broker Regulations
By Nithya Subramanian | 14/08/2025
SEBI has proposed a major revamp of stock broker rules to cut compliance costs, update definitions, and align with current market practices.

Structural Regulation
Korea Taps Ex-Official, Presidential Lawyer to Lead Financial Regulators
By Editors | 14/08/2025
The nominations are part of a broader government reshuffle aimed at sharpening economic policy execution and strengthening market and consumer oversight.

Structural Regulation
Malaysia Completes First Wave of Digital Bank Launches
By Nithya Subramanian | 14/08/2025
Malaysia's fifth digital bank has commenced operations, more than three years after BNM granted the licences in April 2022.

Fraud, Scams & Cybercrime
India to Ban UPI Peer-to-Peer 'Collect Requests' to Curb Fraud
By Editors | 14/08/2025
The directive, effective from 1 October, targets a feature exploited by fraudsters but will not affect legitimate merchant-initiated payment requests.

Conduct, Culture & Accountability
Australian Court Penalises NAB Over Hardship Assistance Failures
By Sanday Chongo Kabange | 14/08/2025
The Federal Court has penalised NAB and its subsidiary, AFSH, for failing to respond to hundreds of customers experiencing financial difficulty.

Payments & Settlements
India's Cross-Border UPI Payments Surge as Global Footprint Expands
By Sanday Chongo Kabange | 14/08/2025
Transaction volumes and values show sharp growth in the current fiscal year, after the UPI system went live in seven countries.

Conduct, Culture & Accountability
FSS Korea to Inspect Firms on New Accountability Regime
By Mark Johnston | 14/08/2025
Regulator to launch on-site and desk-based reviews of banks, insurers and investment firms on the new internal control responsibility framework.

Structural Regulation
GIFT City Regulator Clarifies Rules for Resident Foreign Currency Accounts
By Editors | 14/08/2025
IFSC banking units are treated as 'banks outside India' under existing forex rules, removing the need for prior regulatory approval.
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