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

Structural Regulation
ASIC Calls on BNPL Providers to Act Early to Secure Licence
By Sanday Chongo Kabange | 21/01/2025
A law passed in December requires BNPL providers to have a licence by 10 June 2025, subject to transitional arrangements

Sustainable Finance
SC Malaysia Launches Social Exchange Pilot Programme
By Nithya Subramanian | 21/01/2025
During the pilot phase, five NGOs will assist the Securities Commission in developing a regulated fundraising platform for social projects.

Cryptocurrency
Donald Trump Has Been Sworn in as US President
By Manesh Samtani | 21/01/2025
Executive orders were signed to withdraw the US from the Paris Climate Agreement and to delay enforcement of the TikTok ban

Structural Regulation
CICC Granted Approval to Operate in Dubai Financial Centre
By Mark Johnston | 20/01/2025
DFSA CEO Ian Johnston described the approval as “a big step forward” for facilitating deals and arrangements between China and the UAE.

PEPs & Sanctions
US Bolsters Export Controls Ahead of Presidential Transition
By Manesh Samtani | 19/01/2025
The export controls target advanced chips, laboratory instruments, and automotive hardware and software from China. 26 firms added to Entity List.

Structural Regulation
SEBI Proposes to Raise Threshold for Granular Disclosures by FPIs
By Editors | 19/01/2025
The higher threshold will reduce the number of FPIs that are subject to granular disclosure requirements thereby lowering regulatory burden and compliance costs

Payments & Settlements
RBI Eases FEMA Rules to Boost Rupee Use in Cross-border Transactions
By Nithya Subramanian | 18/01/2025
The RBI has also signed MoUs with the central banks of UAE, Indonesia and Maldives to encourage the use of local currencies in trade and investment.

Structural Regulation
CSRC Grantes Approval for Merger of Top Securities Firms
By Mark Johnston | 18/01/2025
The CSRC has granted approval for a merger between Guotai Junan Securities and Haitong Securities, which will create China’s largest brokerage

Conduct, Culture & Accountability
US SEC Fines Wells Fargo, Merrill Lynch Over Cash Sweep Programmes
By Nithya Subramanian | 17/01/2025
The Wells Fargo and Merrill Lynch units will pay $60mn for prioritising their own financial benefits over clients’ best interests.

Cloud & Infrastructure
ASIC Appoints New CEO to Spearhead Next Phase of Transformation
By Thisanka Siripala | 17/01/2025
Starting 17 March 2025, ASIC’s new CEO will be Scott Gregson, who has been at the ACCC for nearly 30 years and currently serves as its CEO.
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