Asia
Rules, consultations and enforcement from central banks, securities regulators, prudential supervisors and financial intelligence units across Asia-Pacific.
Date
Story
-
SEBI warns investors off invitation-only WhatsApp tip groups run from overseas numbers
SEBI says fake WhatsApp tip groups use overseas numbers and planted praise to lure investors, three weeks after it made brokers carry its warnings in apps.
-
UK and Singapore put tokenisation, agentic AI and 2027 G20 plans at the centre of their 11th dialogue
The 11th UK-Singapore Financial Dialogue covered tokenised wholesale markets, agentic AI safeguards, quantum-safe migration and both sides’ 2027 roles.
-
PBOC to create a liquidity backstop for bond fund redemptions and study an overnight policy rate
Pan Gongsheng announced a liquidity tool for mass redemptions at non-banks, wider SLF access for foreign banks, and a study of an overnight policy rate.
-
Hong Kong pushes T+1 settlement to the second half of 2028 after brokers ask for more time
HKEX’s T+1 conclusions move the target from Q4 2027 to 2H 2028, with readiness due by September 2028. The SFC backs the plan and urges firms to start now.
-
MAS moves to bring all major and standard payment institutions under FIDReC
MAS proposes that all major and standard payment institutions, and later stablecoin issuers, join FIDReC, ending a six-year gap in dispute resolution.
-
HKMA plans a registry of material AI agents under its new “ART” framework for banks
HKMA’s ART framework brings new AI guidance, a training data platform and a planned discussion paper on agentic AI with a registry of material agents.
-
Basel review grades Australia, Japan and Korea compliant on the leverage ratio
Basel assessors rated Australia, Japan and Korea compliant on the leverage ratio, but flagged an Australian reporting gap linked to window-dressing.
-
SFC freezes up to HK$4.66bn and suspends Baicha shares over suspected IPO rigging
The SFC froze up to HK$4.38bn linked to two suspected IPO-rigging groups, its largest freeze of this kind, and had trading in Baicha shares suspended.
-
MAS confines roadshow selling to commercial venues and drops its ban on mentioning gifts
MAS will require consent before roadshow and cold-call selling and named event supervisors, but has dropped plans for decision windows and gift bans.
-
China’s NFRA rewrites product rules for property insurers and limits riders
NFRA’s new product development rules for property and casualty insurers ban eight product types, curb add-on riders and take effect on 1 November.
-
MAS gives financial institutions until October 2028 to put AI life cycle controls in place
MAS’s final AI risk management guidelines cover every institution and every kind of AI, with oversight due in 2027 and life cycle controls in October 2028.
-
HKMA and Bank Negara Malaysia open a joint workstream on cross-border stablecoin use
The HKMA and BNM agreed a policy workstream on compliant stablecoin use between Hong Kong and Malaysia, alongside RTGS, CSD and Islamic finance links.
-
MAS proposes a hard nine-year limit on independent directors at banks and insurers
MAS wants bigger boards at systemic banks, a hard nine-year independence cap and approval of CIOs, while dropping some sign-offs for lower-impact firms.
