Markets & Infrastructure

Cryptocurrency

Japan FSA Outlines Tax Reform Proposals for Fiscal 2025

By Editors | 04/01/2025

The FSA aims to enhance the NISA system, simplify procedures related to tax treaties, and lower the tax on cryptocurrency gains.

Structural Regulation

SEBI Introduces Framework to Lower Entry Barrier for Passive Funds

By Editors | 04/01/2025

The framework allows PE funds set up in India or overseas to sponsor “MF Lite” entities, subject to certain conditions

Clearing & Post-Trade

RBI to Require Reporting of OTC Gold Derivatives Trades

By Editors | 03/01/2025

Starting from 1 February, banks must report all OTC transactions in gold derivatives undertaken in domestic markets, GIFT City, and outside India.

Cryptocurrency

OJK Indonesia Issues Regulations for Digital Asset Trading

By Manesh Samtani | 03/01/2025

OJK is adopting Bappebti regulations, with refinements, to ensure continuity as it transitions into the new regulatory body for Indonesia’s crypto sector.

Structural Regulation

SEBI Board Approves Plan to Tighten Merchant Banker Rules

By Editors | 02/01/2025

SEBI will raise the net worth requirement for merchant bankers and require them to maintain a quarter of this in liquid assets at all times

Supervision & Enforcement

Australia Seeks Input on Use of Legal Professional Privilege Claims

By Editors | 02/01/2025

Discussion paper seeks feedback on addressing improper use of legal professional privilege claims, such as to delay or hinder investigations.

Trading & Investment

Korea Working to Implement Changes to Dividend Practices

By Manesh Samtani | 02/01/2025

Listed companies will be required to set their dividend record dates to be after general shareholders’ meetings.

Structural Regulation

New Rules on Treasury Stocks Take Effect in South Korea

By Editors | 01/01/2025

The new rules prohibit listed companies from adding to treasury stocks during corporate spin-offs to protect ordinary shareholders.

Payments & Settlements

UnionPay Enhances QR Payments Connectivity with Laos

By Editors | 01/01/2025

UnionPay has enabled Chinese e-wallets to scan QR codes in Laos to make payments to local merchants