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Conduct, Culture & Accountability
Hong Kong Court Bans Former First Credit Director for Seven Years
By Sanday Chongo Kabange | 22/07/2025
The SFC secured the order for breaches involving an undisclosed de facto director and misleading fundraising announcements

Conduct, Culture & Accountability
BSP Amends Rules and Procedures on Director Disqualification
By Sanday Chongo Kabange | 22/07/2025
The new regulations introduce a path for voluntary permanent self-disqualification and formalise the process for banning individuals convicted in court.

Clearing & Post-Trade
ASX Proposes Major Overhaul of Futures Clearing Default Fund
By Sanday Chongo Kabange | 22/07/2025
ASX is proposing to introduce monthly dynamic resizing, where clearing participants with higher tail risk make larger contributions.

Payments & Settlements
Proposed Bill Seeks to Force New Zealand Businesses to Accept Cash
By Sanday Chongo Kabange | 22/07/2025
A new members' bill proposes to force most businesses to accept cash for transactions up to NZD 500, prompting debate from industry groups.

Structural Regulation
India to Streamline Regulatory Processes for GIFT City Market Intermediaries
By Nithya Subramanian | 22/07/2025
The IFSCA has released a consultation paper on draft Master Circulars for seven categories of market intermediaries, aiming to simplify regulatory processes and promote ease of doing business.

Trading & Investment
MAS Appoints First Asset Managers Under S$5bn Equities Programme
By Nithya Subramanian | 21/07/2025
The first SGD 1.1 billion of the EMDP will be managed by Avanda, Fullerton, and JP Morgan, while an additional SGD 50 million will be used to enhance research and listings.

Trading & Investment
SEBI Consults on Mutual Fund Categorisation Framework
By Nithya Subramanian | 21/07/2025
The draft proposes standardised scheme names, portfolio overlap limits, renaming of debt funds, and wider residual asset investment options.

Payments & Settlements
Australia Proposes Regulatory Framework for Cash Distribution System
By Sanday Chongo Kabange | 21/07/2025
Australian regulators would gain new powers to oversee pricing, manage crises, and ensure service continuity in the cash-in-transit sector.

Data Privacy
Japan's FSA Orders Nippon Life to Report on Information Leak
By Nithya Subramanian | 21/07/2025
The FSA ordered Nippon Life to explain how one of its employees accessed and shared confidential documents obtained from MUFG Bank.

Clearing & Post-Trade
Australia Grants Clearing and Settlement Facility Licence to Clearstream
By Sanday Chongo Kabange | 21/07/2025
ASIC granted the licence and the RBA has set out expectations for Clearstream to improve settlement arrangements and stakeholder engagement in the Australian market.
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