Structural Regulation

Structural Regulation

New Zealand FMA Adopts “Outcomes-Focused” Regulatory Approach

By Thisanka Siripala | 20/03/2025

The FMA is seeking to be more “proportionate” and “impactful” in its regulatory efforts, rather than “getting bogged down by minor compliance matters.”

Payments & Settlements

RBI Permits Local Currency Trade Settlement with Maldives

By Nithya Subramanian | 20/03/2025

The use of local currencies in bilateral trade is expected to lower FX conversion costs and strengthen economic ties between India and the Maldives.

Cryptocurrency

MAS Grants In-Principle Approval to Crypto Major Cumberland

By Nithya Subramanian | 19/03/2025

Cumberland’s regulatory progress in Singapore comes after the US SEC agreed to drop its lawsuit against the firm earlier this month.

Structural Regulation

Japan Proposes Amendments to Tender Offer, Shareholding Disclosure Rules

By Thisanka Siripala | 19/03/2025

The amendments revise the scope exemptions from the public tender offer system and extend large shareholding disclosure requirements to include equity derivative transactions.

Cybersecurity

Taiwan Fines Singapore Fintech Firm Over China Links

By Nithya Subramanian | 19/03/2025

AnyTech violated Taiwan’s investment norms due to links to a Beijing-based investor. Cathay United Bank terminated its contract with the Singapore company.

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.

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.