Markets & Infrastructure

Structural Regulation

Hong Kong Moves Closer to Fully Paperless Securities Market

By Sanday Chongo Kabange | 27/01/2025

Only online channels will be allowed for subscriptions to public offers of equity securities, and issuers will have more flexibility to adopt digital communication and payment technologies

Structural Regulation

SGX RegCo to Review Query Regime to Ensure Consistency in Approach

By Nithya Subramanian | 27/01/2025

Tan Boon Gin said SGX RegCo will conduct a review of its query regime to see if it has been applying the materiality principle consistently

Clearing & Post-Trade

ASX Offers Explanation for December 2024 Market Disruption

By Sanday Chongo Kabange | 27/01/2025

ASX implemented a software fix, waived fail fees from 20-31 December 2024, and will distribute A$1mn in rebates to settlement participants.

Structural Regulation

Australia, Malaysia Auditors Asked for Input on IFRS Agenda

By Thisanka Siripala | 27/01/2025

Financial reporting professionals in Australia and Malaysia are asked to help inform the IASB’s future work to improve the IFRS.

Structural Regulation

Singapore Eases Monetary Policy for First Time in 5yrs

By Nithya Subramanian | 27/01/2025

MAS cited quicker-than-expected easing of inflation and a projected slowdown in economic growth

Conduct, Culture & Accountability

China to Impose New Salary Cap at State-owned FIs – Report

By Manesh Samtani | 27/01/2025

A CNY 1 million cap on annual income will be introduced at 27 state-owned financial companies, including the big five banks and the top six insurance companies.

Clearing & Post-Trade

Switzerland to Transition to T+1 Settlement Cycle in October 2027

By Mark Johnston | 26/01/2025

Switzerland has confirmed plans to transition to a shorter settlement cycle in October 2027, aligning with the EU and UK’s ambitions.

Anti-Money Laundering

US Congress Investigates Debanking of Tech and Crypto Firms

By Thisanka Siripala | 25/01/2025

House Oversight Committee has contacted executives in the crypto industry to gather their testimonies on bank account closures.

Reporting & Disclosures

Australia to Form New Standard-setting Body for Financial Reporting

By Sanday Chongo Kabange | 25/01/2025

The new body will provide a “one stop shop” for the development and issuance of accounting, sustainability, auditing and assurance standards.