Markets & Infrastructure

Conduct, Culture & Accountability

Korea FSS Starts On-site Inspections of Online Loan Brokers

By Thisanka Siripala | 19/03/2025

The focus is on whether the platforms prioritise financial products that benefit consumer needs, such as by listing loans with lower interest rates first.

Payments & Settlements

China Rolls Out 30-Point Action Plan to Boost Domestic Consumption

By Mark Johnston | 19/03/2025

The plan includes measures to expand channels for personal investment and encourages FIs to increase the issuance of personal consumption loans.

Structural Regulation

CSRC Issues Guidelines for Listed Companies Undergoing Restructuring

By Mark Johnston | 19/03/2025

The guidelines cover information disclosure, equity adjustment limits, lock-up periods, and debt restructuring gains recognition.

Tokenisation

Nomura Issues Japan’s First Digital Bonds Using DVP Settlement

By Thisanka Siripala | 19/03/2025

Nomura also revealed that DCJPY was used in place of fiat currency in a PoC to test digital currency settlement for digital bonds.

Anti-Money Laundering

ASIC’s Action Against Star Directors Sends Warning Shot Across Bows — And Boards

By Nathan Lynch | 18/03/2025

The case against 11 of Star casino’s directors highlights the pressure on boards to understand, mitigate and manage AML/CTF risks, writes Nathan Lynch.

Structural Regulation

OJK Indonesia Issues Rules for Financial Service Aggregation Providers

By Mark Johnston | 18/03/2025

Aggregation services facilitate consumers in comparing, selecting, and/or using financial products and services that match their profiles and/or needs.

Payments & Settlements

Cambodia, Thailand Partner With UnionPay on Cross-Border Payments

By Mark Johnston | 18/03/2025

Users of Cambodia’s Bakong app can make cross-border payments by scanning UnionPay and WeChat Pay QR codes.

Conduct, Culture & Accountability

ASIC Takes Action Against 17 SMSF Auditors Over Compliance Breaches

By Thisanka Siripala | 18/03/2025

The affected auditors oversaw funds managing more than AUD 1 trillion in assets across 638,000 SMSFs.

Payments & Settlements

IDX Introduces Repo Transactions on Debt Trading Platform

By Nithya Subramanian | 18/03/2025

The new feature allows financial institutions to conduct repo transactions using government bonds as underlying assets.