Anti-Money Laundering

Seoul Credit Co-op Chair Probed Over KRW 11bn Nominee Scheme

07/09/2026

The official allegedly used employee and relative names to evade taxes and now faces further allegations of embezzlement and workplace abuse.

Trading & Investment

China Tightens Tax Rules for Restricted Share Transfers

07/09/2026

New rules close insider tax loopholes for restricted share sales, clarifying the 20% rate and mandating stricter withholding obligations.

Structural Regulation

NYSE and KRX to Cooperate on Market Structure Reforms

07/09/2026

The two exchanges have signed an agreement to collaborate on market modernisation, including a shorter settlement cycle and longer trading hours, to enhance global investor access.

Reporting & Disclosures

Taiwan Mandates IFRS Sustainability Reporting for Asset Managers

07/09/2026

The new rules mandate a phased rollout requiring securities investment trust enterprises to adopt IFRS Sustainability Disclosure Standards, starting with the largest firms from 2027.

Structural Regulation

Vietnam Pushes Ahead With Proposed Overhaul of Securities Law

07/09/2026

The proposed amendments aim to simplify administrative procedures for FIs and introduce a sandbox for testing new technologies and services.

Trading & Investment

Korea to Halve Investment Product Subscription Times

07/09/2026

The aim is to cut the processing time from one hour to 30-40 minutes by simplifying paperwork and streamlining explanations.

Credit Risk

Australia to Pilot Use of Rent Payments in Mortgage Credit Scoring

07/09/2026

New initiative will use open banking data to allow lenders to consider rental payment history in mortgage applications.

Fraud, Scams & Cybercrime

AFASA Law Has Bolstered Anti-Scam Enforcement, BSP Affirms

07/09/2026

The BSP says the anti-scam legislation has significantly strengthened its ability to combat financial fraud and pursue perpetrators.

Market Abuse

Korea: HYBE Founder Referred to Prosecutors for IPO Fraud

07/09/2026

Police have asked for HYBE Founder Bang Si-hyuk to be indicted over an alleged scheme to bypass IPO rules.