Conduct, Culture & Accountability

HK SFC Fines Deutsche Bank $3 Million for Regulatory Breaches

29/08/2025

The fine covers an eight-year period and includes overcharging clients, incorrect risk ratings, and failure to disclose conflicts in research.

Trading & Investment

China Grants First Approval to Foreign-Sponsored REIT

29/08/2025

The CSRC has approved Singapore-based CapitaLand Investment's retail REIT for a Shanghai listing, a first for a foreign firm.

Conduct, Culture & Accountability

New Zealand Finalises Revised Financial Advice Code

29/08/2025

The updated code, effective from November, focuses on continuous professional development and shared responsibility for competence without raising minimum qualification levels.

Anti-Bribery & Corruption

China Imprisons Ex-Agricultural Bank Vice President for Life for Bribery

29/08/2025

A Chinese court has convicted the former bank executive of accepting CNY 84.51 million in bribes, imposing a life-long prison term and asset confiscation order.

Trading & Investment

Korea Enacts BDC Framework to Channel Capital into Innovation

29/08/2025

Capital Markets Act amendment introduces Business Development Companies, with stringent disclosure, lock-up and investor-protection requirements.

Payments & Settlements

Bangladesh Seeks Investors to Privatise Nagad Payments Platform

29/08/2025

Bangladesh Bank to invite private investors for Nagad privatisation, enforce mandatory QR code adoption and boost digital finance reforms.

Cryptocurrency

India’s CBDT Reportedly Engaging Industry on Crypto Tax Reform

29/08/2025

India’s tax authority is consulting with crypto firms on easing punitive rules amid offshore migration and declining market liquidity.

Structural Regulation

India Establishes High-Level Forum to Overhaul Pension Regulation

29/08/2025

New inter-agency platform aims to harmonise pension oversight, improve consumer protection, and support product innovation across schemes.

Anti-Money Laundering

Vietnam Opens Gold Bullion Production Market to Commercial Banks

28/08/2025

Decree ends the government's gold monopoly, allowing commercial banks to obtain licences and driving trade through regulated channels.