

Global accounting body pushes for better climate reporting
A global accounting body proposed guidance for companies to better show the impact of climate change on their financial performance,...
Aug 1, 2024


Liquidators appointed for Tahoe Life following regulatory probe
Several liquidators from Deloitte have been appointed for Tahoe Life, a Chinese-controlled insurer, following regulatory investigations...
Jul 31, 2024


Investors welcome South Korea’s inheritance tax reduction
South Korea’s plan to lower its inheritance tax for the first time since 1995 could stimulate the economy and stocks, say investors. The...
Jul 30, 2024


China expands and simplifies foreign investment regulations
China’s central bank and the State Administration of Foreign Exchange have updated the rules for the Qualified Foreign Institutional...
Jul 29, 2024


Indonesia proposes Singapore-style arbitration to attract investors
Indonesia’s Coordinating Maritime Affairs and Investment Minister, Luhut Pandjaitan, has proposed adopting arbitration rules similar to...
Jul 26, 2024


MAS proposes standardised financial rules for all REITs
The Monetary Authority of Singapore (MAS) has released a consultation paper proposing new financial regulations for all Real Estate...
Jul 26, 2024


South Korea detains tech mogul Brian Kim over stock-rigging
South Korean authorities have arrested Kakao Corp founder Brian Kim for alleged market manipulation, marking a significant legal...
Jul 24, 2024


Malaysia’s pension fund launches new stewardship policy
The Employees Provident Fund (EPF) of Malaysia has introduced the EPF Sustainable Investment Stewardship Policy, marking its position as...
Jul 19, 2024


South Korea crypto exchanges boost regulations ahead of new law
South Korean cryptocurrency exchange operators are tightening regulations ahead of the Virtual Asset User Protection Law, effective this...
Jul 18, 2024


Philippines central bank conducts 11 anti-counterfeiting operations in 2023
In 2023, the Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, ramped up its anti-counterfeiting measures,...
Jul 12, 2024


HK regulator clears PwC of whistleblower allegations
Hong Kong’s Accounting and Financial Reporting Council (AFRC) found no evidence supporting whistleblower allegations against PwC related...
Jul 12, 2024


Philippines unlikely to exit global grey money watchlist this year
The Philippines is not expected to be removed from the global grey money watchlist this year, according to Bangko Sentral ng Pilipinas...
Jul 10, 2024


HSBC penalised over pension scheme violations in HK
Hong Kong’s pensions regulator has fined HSBC HKD24m (about USD3.1m) for offering incentives to unregistered intermediaries. The...
Jul 10, 2024


Thailand’s SCB X prepares for virtual banking licence
SCB X, an affiliate of Siam Commercial Bank, is set to apply for a virtual banking licence from the Bank of Thailand in September,...
Jul 10, 2024


Vietnam to announce final draft for stock market upgrade
The Ministry of Finance in Vietnam is set to release the final draft of a circular aimed at upgrading the country’s stock market and...
Jul 9, 2024


Futu Securities approved for virtual asset dealing in HK
Futu Securities International (Hong Kong) has received a licence to offer virtual asset dealing services to both retail and professional...
Jul 8, 2024


Taiwan central bank delays digital currency launch
Taiwan’s central bank announced it has no timetable for launching a digital currency, describing the process as “huge and complex”....
Jul 8, 2024


Taiwan’s FSC maintains 45% cap on insurers’ overseas investments
The Financial Supervisory Commission (FSC) of Taiwan has decided to maintain the overseas investment cap for local insurers at 45% of...
Jul 5, 2024


Singapore cracks down on misuse of nominee directorships
Singapore has passed legislative changes to improve transparency around nominee directors and shareholders, mandating companies to...
Jul 5, 2024


South Korea imposes record fines on UBS affiliates for illegal short selling
The Financial Services Commission of Korea has levied record fines totaling KRW27.17bn (USD19.5) against two UBS AG affiliates—formerly...
Jul 4, 2024







