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Reporting on regulatory frameworks and rules governing market design, authorisation, and oversight of key financial market participants and infrastructures.

Resolution & Recovery
China Revises Rules for Changing Private Investment Fund Managers
By Editors | 28/10/2025
AMAC aims to protect investors from failed managers by simplifying replacement procedures and mandating new contractual safeguards.

Structural Regulation
China's Supreme Court Advances Major Company Law Interpretation
By Mark Johnston | 27/10/2025
Draft text clarifies shareholder liability, investor rights, and invalidates certain proxy-holding structures for financial institutions.

Structural Regulation
Korea Extends Fee Reforms for Early Loan Repayment to Mutual Finance Firms
By Mark Johnston | 27/10/2025
The FSC is mandating that mutual finance institutions limit early repayment fees to actual costs, aligning them with the broader financial sector.

Structural Regulation
Thai SEC Plans Rule Overhaul to Bolster Investor Protection, Curb Risk
By Sanday Chongo Kabange | 27/10/2025
The SEC is set to grant minority shareholders greater voting powers, tighten rules on short selling, and align ESG disclosure with global standards.

Payments & Settlements
ACCC Backs Industry Collaboration to Secure Australia's Cash Supply
By Sanday Chongo Kabange | 27/10/2025
The ACCC has proposed authorising banks and retailers to collaborate on ensuring cash distribution amid concerns about the viability of services.

Trading & Investment
SEBI Bars Mutual Funds from Investing in Pre-IPO Placements
By Nithya Subramanian | 27/10/2025
The directive limits mutual funds to investing only during the public issue phase or as anchor investors, barring them from participating in pre-IPO placement deals.

Emerging Prudential Risks
Japan Plans New Body to Screen Foreign Investment for Security Risks
By Mark Johnston | 27/10/2025
Takaichi government aims to create a CFIUS-style committee by the end of 2026 amid rising geopolitical tensions and concerns over China.

Conduct, Culture & Accountability
APRA Revises Governance Proposals After Industry Feedback
By Sanday Chongo Kabange | 27/10/2025
APRA will extend proposed director tenure limits to 12 years and walk back plans for new board independence and pre-appointment checks.

Clearing & Post-Trade
Global Trade Bodies Urge EU to Delay Third-Country CCP Reporting Rule
By Manesh Samtani | 26/10/2025
Associations warn the EMIR 3.0 requirement is premature and creates a complex, costly compliance burden for firms globally.

Trading & Investment
KRX Launching Direct Listing System for Public Funds
By Mark Johnston | 26/10/2025
South Korea’s new “X class” funds will trade like ETFs from 27 October, a move integrating over-the-counter and on-exchange frameworks.
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