Structural Regulation

Taiwan Clarifies Tax Rules for ‘Century Trusts’ to Boost Wealth Hub Bid

07/05/2026

An inter-ministerial agreement confirms that certain long-term family trusts will not be subject to gift or inheritance taxes, paving the way for their use.

Structural Regulation

Indonesia Plans Bali-Based International Financial Centre

07/05/2026

The government is in early discussions to develop the Kura Kura Bali Special Economic Zone into a financial hub managed by a special authority.

Anti-Money Laundering

Malaysia Fines Company Secretary Over Money Laundering Breaches

06/05/2026

A joint investigation by BNM and the CCM has resulted in a fine for reporting failures and the submission of false information.

Fraud, Scams & Cybercrime

US Charges Asia-Based Suspects in Global Crypto Scam Takedown

06/05/2026

International crackdown involving authorities in the UAE, China and Thailand has dismantled at least nine scam centres, leading to charges against alleged managers from Myanmar and Indonesia.

Structural Regulation

New Zealand Court Rules Against ANZ in Disclosure Breach Case

06/05/2026

The bank faces a potential NZD 125 million liability after the High Court found it breached consumer finance laws, despite the errors being minor.

Sustainable Finance

Penang, Alliance Bank Launch MYR 100 Million Green Fund for SMEs

06/05/2026

The fund will provide financing and advisory to help manufacturers meet rising ESG demands and decarbonise their operations.

Structural Regulation

BSEC to Take Action Over Lack of Women on Boards

06/05/2026

The securities regulator has set a 30 June 2026 deadline for listed firms to appoint at least one female independent director, threatening legal action for non-compliance.

Supervision & Enforcement

ASIC Proposes Guidance on Appointing Reviewing Liquidators

06/05/2026

The proposed guidance clarifies the process for appointing a liquidator to review the conduct of an external administration and related parties.

Structural Regulation

Malaysia to Cease Commercial Operations of SC's Training Arm

06/05/2026

The SIDC will halt commercial activities after a review found its model unsustainable, though mandatory training and certification are set to continue.