

Vietnam enhances digital tax compliance
The General Department of Taxation in Vietnam will enhance tax compliance risk management to prevent evasion in the digital economy,...
May 15, 2024


China probes hedge fund Ruifengda for illegal activities
China’s securities watchdog is investigating hedge fund Zhejiang Ruifengda Asset Management Co. for suspected illegal activities. The...
May 14, 2024


South Korea’s FSS to finish short selling investigation by end of year
South Korea’s Financial Supervisory Service (FSS) aims to complete its probe into illegal short selling by year-end, announced Governor...
May 13, 2024


Singapore updates cybersecurity laws
Singapore has passed a bill to expand the Cyber Security Agency’s (CSA) oversight of critical and high-risk computer systems, including...
May 9, 2024


Asian central bank chiefs highlight AI risks to financial stability
Two central bank chiefs from Asian financial hubs expressed concerns about the risks artificial intelligence (AI) might pose to financial...
May 9, 2024


Philippines and Cambodia draft double taxation agreement
The Philippines and Cambodia have completed the draft of a double taxation agreement (DTA), announced by the Department of Finance on...
May 8, 2024


New reporting mandate for financial crimes in the Philippines
The Philippines’ central bank has introduced a new requirement for financial institutions to report money laundering and terrorist...
May 7, 2024


Singapore’s MAS lifts operational pause on DBS Bank, monitors compliance
The Monetary Authority of Singapore (MAS) announced today that it will not extend the operational pause imposed on DBS Bank Ltd, which...
May 3, 2024


Vietnam, Korea strengthen ties over financial stability seminar
Vu Ne Tang, the acting chief of Vietnam's National Financial Supervisory Commission, expressed appreciation for Korea's guidance on...
May 3, 2024


Indonesia, Australia ink crypto tax info sharing agreement
The Indonesian Directorate General of Taxes (DGT) and the Australian Taxation Office (ATO) have signed a Memorandum of Understanding to...
Apr 26, 2024


Thailand’s finance ministry defends digital wallet scheme
The Ministry of Finance in Thailand has defended its digital wallet initiative, intended to not only provide relief to vulnerable groups...
Apr 25, 2024


World Bank, Philippines plan major tax system digital upgrade
The World Bank is committed to assisting the Philippines in enhancing tax collection through comprehensive digitisation initiatives....
Apr 24, 2024


Singapore regulator bans convicted Manulife rep for 12 years
The Monetary Authority of Singapore (MAS) issued a 12-year prohibition order against former Manulife representative Ong Ka Yong for...
Apr 23, 2024


Philippine SEC reforms broker fees to attract more retail investors
The Philippines Securities and Exchange Commission (SEC) has abolished the minimum commission rate that stockbrokers can charge,...
Apr 19, 2024


BNP Paribas gets green light for securities brokerage in China
BNP Paribas has been authorised by the China Securities Regulatory Commission (CSRC) to establish a fully-owned securities brokerage in...
Apr 16, 2024


Hong Kong approves first bitcoin, ether ETFs
Hong Kong regulators approved the launch of spot bitcoin and ether exchange-traded funds (ETFs), following similar moves in the US this...
Apr 16, 2024


South Korea lobbies for position on international accounting board
South Korea’s vice chairman of the Financial Services Commission, Kim So-young, met with Andreas Barckow, chief of the International...
Apr 15, 2024


HKEX proposes multiple clearing banks for investors
Investors trading on the Hong Kong Exchanges and Clearing (HKEX) may soon have the option to use multiple clearing banks for cash...
Apr 15, 2024


Hong Kong plans tax breaks for alternative investments
The Hong Kong government is poised to introduce new tax rules to attract investments in alternative sectors like private credit and...
Apr 12, 2024


Hong Kong set to launch Asia’s first spot Bitcoin ETFs this month
Hong Kong is set to launch spot bitcoin exchange-traded funds (ETFs) this month, potentially making it Asia’s first city to offer such...
Apr 11, 2024

