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PEPs & Sanctions
South Korea Detains Cargo Ship Over Suspected DPRK Sanctions Violations
28/07/2026
The vessel, Prada, was detained in March after being identified as part of an international call for a crackdown on illicit trade.

Market Abuse
MAS Bans Former REIT CIO for Market Manipulation
28/07/2026
The former Chief Investment Officer of EC World REIT's manager has received a three-year prohibition order for conspiring to manipulate the REIT's unit price.

Credit Risk
Bangladesh Loan Recovery Stalled by BDT 110 Billion in Valuation Disputes
28/07/2026
Legal challenges over outdated property valuations are holding up the recovery of billions in defaulted loans, highlighting systemic weaknesses and calls for reform.

Trading & Investment
Chinese Banks Halt Retail Trading in Paper Gold Products
28/07/2026
Major banks are ending retail paper gold products linked to the Shanghai Gold Exchange, citing the need to manage risks amid price volatility.

Credit Risk
Korea's Public Institutions Found Flouting Employee Loan Rules
28/07/2026
Dozens of state-run bodies provided staff with housing loans that exceeded official limits and offered ultra-low rates, undermining household debt controls.

Market Data & Technology
Philippine Stock Exchange Sets Go-Live Date for New Back Office Portal
28/07/2026
The new platform for trading participants will launch in August, introducing new features and operational changes ahead of a wider trading engine upgrade in November.

Anti-Bribery & Corruption
China Investigates Former CSRC Vice-Chair Fang Xinghai
28/07/2026
The Stanford-educated official, known for championing the opening of China’s capital markets, is the latest senior figure to be ensnared in a widening anti-corruption campaign.

Payments & Settlements
Indian Fintechs Warn Against Roll-Out of New UPI Checkout Framework
28/07/2026
Smaller payment apps are urging NPCI to reconsider a new framework, warning it will entrench market leaders.

Anti-Money Laundering
Korea Moves to Grant Powers to Freeze Illegal Lending Accounts
28/07/2026
Regulators are drafting legal amendments to allow authorities to rapidly suspend bank accounts suspected of being used for illicit lending.

Payments & Settlements
Bangladesh Bank Overhauls Export Fund, Adopts SOFR-Based Pricing
28/07/2026
The central bank has issued a new master circular consolidating rules for its Export Development Fund, linking interest rates to SOFR and tightening compliance.
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