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

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.

Credit Risk
Korea Amends Financial Support Act to Aid Low-Credit Individuals
By Thisanka Siripala | 18/03/2025
The move increases contribution rates financial institutions must allocate to a financial support fund for low-income people.

Payments & Settlements
Australia to Guarantee ANZ Operations in Pacific Islands
By Thisanka Siripala | 18/03/2025
ANZ will invest an additional AUD 50 million to help address a decline in the number of foreign banks willing to serve the region.

Structural Regulation
SFC Issues Guidance on Resumption of Licensing Fee Collection
By Sanday Chongo Kabange | 18/03/2025
The SFC issued a quick guide and related FAQs to help the industry better manage matters related to annual licensing fee payment.

Structural Regulation
UBS Gains Approval for China Strategic Restructuring
By Mark Johnston | 17/03/2025
UBS has received regulatory approval to sell a significant stake in its Chinese securities joint venture, Credit Suisse Securities.

Trading & Investment
Thai SEC Updates Rules to Allow Leveraged & Inverse ETFs
By Mark Johnston | 17/03/2025
Thailand’s securities watchdog greenlights new regulations on leveraged and inverse ETFs, opening up new investment products to the market.

Payments & Settlements
China Further Expands Cross-border FX Pilot for Multinational Firms
By Mark Johnston | 17/03/2025
The programme, which started in 2021 and it currently being piloted in 10 localities, will be expanded to include 16 additional localities.

Structural Regulation
HKEX Considers Lowering Board Lot Sizes to Boost Liquidity
By Mark Johnston | 17/03/2025
HKEX is reportedly considering mandating that brokers charge the same price for trading single shares as they do for board lots.

Structural Regulation
IOSCO Unveils Work Programme, Key Priorities for 2025
By Nithya Subramanian | 17/03/2025
IOSCO initiatives include measures to address risks in digital trading, curb online financial fraud finance, and continue research on AI.
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