Securities / Derivatives

Korean Lawmaker Proposes Bill to Strengthen Disclosure Rules for PE Funds

02/08/2025

A new bill proposes removing disclosure exemptions for private equity funds and mandating quarterly reports.

Securities / Derivatives

Korea to Raise Corporate, Investor Taxes in Major Policy Shift

01/08/2025

The plan reverses a prior corporate tax cut and introduces a capital gains tax for retail investors, aiming to boost revenue and address fiscal deficits.

Sanctions

US Sanctions Hong Kong, Taiwan, China Firms for Supporting Iran

01/08/2025

Four entities in Hong Kong, Taiwan, and mainland China are among those targeted for allegedly procuring technology for Iran’s military drone programme.

AML / KYC

DBS Hong Kong Launches Anti-Scam Team to Contain Fraud Threat

01/08/2025

The bank has established a 24/7 team to combat authorised payment scams in Hong Kong, mirroring the model used by its Singapore parent to safeguard the interests of the bank’s customers.

Crypto / Digital Assets

South Korea Forms Task Force to Regulate Crypto Lending

01/08/2025

Regulators and exchanges will develop guidelines by August after high-leverage products raised investor protection and legal risk concerns.

AML / KYC

China Starts Enforcing New AML Rules for Precious Metals Dealers

01/08/2025

The new rules, effective 1 August, mandate due diligence and reporting for cash transactions over CNY 100,000.

Crypto / Digital Assets

Hong Kong Confirms Plans to Expand Family Office Tax Breaks

01/08/2025

The expanded tax breaks will cover transactions in digital assets, emission derivatives/allowances, insurance-linked securities, loans, and private credit investments.

ESG / Sustainability

UNEP FI Issues Guidance for Banks on Climate Adaptation and Resilience

31/07/2025

New framework urges integration of adaptation into strategy, risk management, and client engagement.

Crypto / Digital Assets

US Releases Crypto Policy Roadmap to Reclaim Global Leadership

31/07/2025

The report names Japan and Singapore among the key competitor markets, calls for a revisit of the BCBS crypto standards, and signals an intent to extend the reach of US AML rules.