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ASIC Sues Westpac Unit for Systemic Misconduct 

ASIC commenced civil penalty proceedings against a subsidiary of Westpac for “systemic” misconduct in arranging home loans. To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation. Select More Information below […]

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US, EU Preparing Tougher Sanctions Against Russia

Proposed legislation sanctions could raise tariffs to 500% for countries like China and India that purchase oil from Russia. To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation. Select More

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KRX to Launch After-Hours Session for Derivatives on 9 June

The new after-hours session will run for 12 hours, which is one hour longer than the current arrangement with Eurex. To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation. Select

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Singapore Court Allows 1MDB’s $394m Claim Against BSI Bank to Proceed

The court rejected BSI Bank’s bid to strike out the case, allowing 1MDB and Brazen Sky Limited to seek compensation. To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation. Select

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Scam Liability in Asia: A Spectrum of Policies, One Common Fight

Asia’s diverse anti-scam policies reflect local contexts, Anurag Mohapatra writes, highlighting the need for trust, coordination, and accountability. The global scam landscape is undergoing a quiet but powerful transformation. Regulatory models are hardening at both ends: on one side, the UK’s Payment Systems Regulator (PSR) mandates reimbursement and assigns liability to receiving banks; on the

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South Korea Election Result Signals Potential Shift in Financial Landscape

Lee Jae-myung’s election win sparks hopes for crypto-friendly policies. Broader financial reforms also loom. South Korea has elected Lee Jae-myung as its new president after months of political turmoil, raising expectations of significant shifts in the nation’s financial services industry, particularly with regard to digital assets. The election was triggered by the impeachment and removal

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Japan’s FSA Establishes New ‘AI Public-Private Forum’

The forum aims to foster a secure environment for FIs to discuss their use of AI, share best practices, and address practical challenges. To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on

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China Lowers Credit Reporting Service Fees to Ease Business Costs

The NDRC estimates that the fee reductions will save users approximately CNY 1.1 billion (USD 153 million) annually To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation. Select More Information

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US Authorities Probing Adani Group for Iran Sanctions Violations – Report

The Adani Group called the allegations “baseless and mischievous”. Meanwhile, US agencies have reportedly been instructed to pause sanctions activity targeting Iran. To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial

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Kelantan welcomes its first venture studio with up to US$90k funding via Hasan.vc

Build AI startups run by values-driven talent from Kelantan, Trengganu, Pahang Vision to build a generation of ethical, AI-native startups that serve humanity Hasan.vc has announced the launch of its first Venture Studio in Kota Bharu, Kelantan, set to begin on 1 July, to co-build AI-native startups with selected early-stage founders. The program offers a

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