Markets & Infrastructure

Conduct, Culture & Accountability

US PCAOB Revokes Hong Kong Audit Firm's Registration

By Manesh Samtani | 24/07/2025

Centurion ZD CPA & Co. and its owner have been permanently barred after the PCAOB found major violations in the 2021 audit of Luckin Coffee.

Conduct, Culture & Accountability

Indonesia to Impose New Risk Management Rules on Investment Managers

By Sanday Chongo Kabange | 24/07/2025

The OJK says the new regulation introduces risk-based supervision and health assessments, giving firms a two-year transition period to comply.

Fraud, Scams & Cybercrime

New Zealand Debt Collector Fined for Misleading Conduct

By Sanday Chongo Kabange | 24/07/2025

Law Debt Collection and its director, John Stuart Campbell, were prosecuted by the Commerce Commission for wrongfully threatening debtors with credit defaults.

Cryptocurrency

Korea FSS Directs ETFs to Cut Crypto Stock Exposure

By Manesh Samtani | 24/07/2025

The FSS has told asset managers to limit holdings in firms like Coinbase and MicroStrategy, citing a 2017 policy.

Climate Risk

New Zealand Regulator Clears Banks of Cartel Conduct in Climate Alliance Probe

By Sanday Chongo Kabange | 24/07/2025

The Commerce Commission found no evidence that five banks coordinated lending policies under the Net-Zero Banking Alliance framework.

AI Risk & Governance

ASIC Puts Bank Boards on Notice Over AI Risks and Governance

By Sanday Chongo Kabange | 24/07/2025

ASIC has warned that existing financial services laws apply directly to AI, placing the onus on boards to manage risks of consumer harm.

Market Abuse

KRX to Monitor Social Media and Online Forums

By Nithya Subramanian | 24/07/2025

New market surveillance rules taking effect this month will curb unfair trading based on undisclosed information.

Structural Regulation

Indonesia’s OJK Issues Rules on Internal Controls for Securities Firms

By Nithya Subramanian | 24/07/2025

The rules outline stricter requirements for underwriters, brokers, and regional securities firms, focusing on due diligence and IT governance.

Trading & Investment

Cambodia Unveils New Regulatory Framework for Infrastructure Bonds

By Mark Johnston | 24/07/2025

Cambodia has issued regulations for infrastructure bonds, opening a new channel for public and private companies to fund national development projects.