

China, Hong Kong regulators push for faster listings
Mainland China and Hong Kong regulators have urged major global investment banks to accelerate Chinese companies’ listings in Hong Kong,...
Dec 11, 2024


HKMA fines CITIC unit for AML violations
Hong Kong’s banking regulator fined China CITIC Bank International HKD4m (USD510,000) for breaching anti-money laundering regulations,...
Dec 10, 2024


Singapore pushes back corporate cheque phase-out
Singapore’s central bank said it will extend the deadline for phasing out corporate cheque processing by one year to end-2026. The...
Dec 9, 2024


South Korea's financial regulator warns securities firms to brace for turbulence
South Korea’s financial watchdog urged securities firms to prepare contingency plans to handle potential market turbulence amid...
Dec 9, 2024


Accounting industry faces challenges amid economic headwinds
The accounting industry is confronting complex challenges due to economic headwinds, increased competition, and geopolitical tensions,...
Dec 5, 2024


Singapore fines JPMorgan USD2.4m for client misconduct
The Monetary Authority of Singapore (MAS) has imposed a civil penalty of USD2.4m on JPMorgan Chase Bank, N.A., for failing to prevent and...
Dec 4, 2024


South Korea to revise Capital Market Act to protect shareholders
South Korea’s top financial regulator announced plans to revise the Capital Market Act to enhance protection for individual shareholders...
Dec 4, 2024


Golden visa scheme aims to boost Indonesia’s economy
Indonesia’s Golden Visa programme is designed to attract high-value foreign investors and global talent to bolster sustainable economic...
Dec 4, 2024


MAS and NFRA enhance supervisory cooperation at annual roundtable
The Monetary Authority of Singapore (MAS) and China's National Financial Regulatory Administration (NFRA) reaffirmed their commitment to...
Nov 28, 2024


Hong Kong must embrace change, says HKMA deputy chief
Darryl Chan, Deputy Chief Executive of the Hong Kong Monetary Authority (HKMA), called for Hong Kong to adapt and innovate to maintain...
Nov 27, 2024


Singapore sees 44.6% surge in financial claims scam cases rise
Singapore's Financial Industry Disputes Resolution Centre (Fidrec) handled 2,162 financial claims from July 1, 2023, to June 30, 2024,...
Nov 21, 2024


New rules enable Philippine insurers to fund infra projects
The Philippine Insurance Commission (IC) has issued new guidelines allowing life and non-life insurance companies, along with...
Nov 20, 2024


Taiwan pledges overhaul of cryptocurrency tax rules
Taiwan's Ministry of Finance has pledged to review regulations on taxing cryptocurrency gains amid surges in digital asset prices....
Nov 20, 2024


Financial complaints against finfluencers on the rise: MAS
The Monetary Authority of Singapore (MAS) has received an average of five complaints annually over the past five years against financial...
Nov 15, 2024


Singapore eases family office rules to attract talent
Singapore's central bank and financial regulator, the Monetary Authority of Singapore (MAS), has relaxed requirements for single family...
Nov 12, 2024


Vietnam central bank finalises draft to aid non-bank financial firms
Vietnam's central bank, the State Bank of Vietnam (SBV), has finalised a draft circular to help non-bank credit institutions, including...
Nov 11, 2024


Thailand to appoint ex-finance minister Kittiratt as central bank chair
Thailand is set to appoint former finance minister Kittiratt Na-Ranong as the new chairman of the Bank of Thailand (BoT), indicating the...
Nov 11, 2024


Malaysia tightens oversight on family office
Malaysia’s government, through the Securities Commission Malaysia (SC) and Bank Negara Malaysia (BNM), will continue oversight of family...
Nov 8, 2024


Hong Kong survey shows regtech boosts AML capabilities
Over 80% of 50 surveyed companies reported that regulatory technology has strengthened their anti-money laundering (AML) capabilities,...
Nov 6, 2024


Singapore’s MAS advances tokenisation in financial services
The Monetary Authority of Singapore (MAS) announced new initiatives to promote tokenization in financial services, aiming to deepen asset...
Nov 5, 2024

