

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 24, 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 19, 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 18, 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 12, 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 10, 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 9, 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 8, 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 5, 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 4, 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
Singapore revokes tax benefits for family offices in USD3bn scandal
Singapore’s Deputy Prime Minister and Minister for Trade and Industry, Gan Kim Yong, who also chairs the Monetary Authority of Singapore...


Jul 3, 2024
Investors sue Mitsubishi UFJ over worthless Credit Suisse bonds
Investors in Japan have filed a new lawsuit against Mitsubishi UFJ Financial Group’s brokerage unit over losses from Credit Suisse’s...


Jul 3, 2024
Taiwan’s major tax evasion cases decline in numbers, value
Major tax evasion incidents in Taiwan decreased to 915 last year, with unpaid taxes falling to NTD89.51bn (USD2.75bn), according to the...


Jul 3, 2024
Vietnam tightens credit rules, impacting banks and big businesses
A new regulation under the amended Law on Credit Institutions, effective July 1, reduces bank credit limits for major clients,...


Jul 2, 2024
Central banks in Asia launch cross-border instant payment platform
The central banks of India, Malaysia, Thailand, Singapore, and the Philippines are collaborating under the Bank of International...