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Fintech / Regtech
RBI Proposes Digital Banking Rule Changes, Ban on Third-Party Cross-Selling
By Manesh Samtani | 22/07/2025
RBI's draft rules mandate prior approval for transactional services, explicit customer consent, and prohibit most third-party product promotions.
Enforcement
SEBI Allows Jane Street to Resume Trading in Indian Market
By Nithya Subramanian | 22/07/2025
SEBI has directed the BSE and NSE to maintain close oversight of the firm’s trading activity to ensure there is no recurrence of the alleged manipulative patterns.
Market Infrastructure
PBOC Proposes New Draft Rules for Interbank Brokerage Market
By Manesh Samtani | 22/07/2025
The draft rules mandate strict risk controls, list thirteen prohibited acts, and aim to formalise securities firms' advisory activities.
Market Infrastructure
Microsoft Battles Global Attacks Affecting SharePoint Vulnerability
By Manesh Samtani | 22/07/2025
The vulnerability has compromised government agencies and businesses worldwide and prompting urgent warnings from cybersecurity authorities.
ESG / Sustainability
Australia Proposes Amendments to Strengthen Modern Slavery Act
By Sanday Chongo Kabange | 22/07/2025
Government consultation outlines a new enforcement framework, including financial penalties for non-compliance and expanded mandatory reporting requirements for large companies.
ESG / Sustainability
Australia Consults on Product Labels to Combat Greenwashing
By Sanday Chongo Kabange | 21/07/2025
Australia's government is seeking feedback on potential rules for the implementation of sustainable investment product labels to curb misleading claims.
Capital / Liquidity
HKMA Issues Updated Guidance on IRB Model Validation
By Sanday Chongo Kabange | 21/07/2025
The updated guidance introduces stricter requirements on data architecture, conceptual model soundness, group-wide systems, and the use of external benchmarks
Sanctions
EU Adopts 18th Sanctions Package Against Russia
By Manesh Samtani | 19/07/2025
The package targets Russia’s shadow fleet and energy revenues, as well as two Chinese banks and a Russian-owned refinery in India.
Market Infrastructure
G20 Backs Central Bank Independence, Agrees Path on NBFI Risk and Tax
By Manesh Samtani | 19/07/2025
In a rare show of unity, G20 finance ministers issued their first joint communiqué since October 2024, stressing central bank independence.
Capital / Liquidity
MAS Proposes Overhaul of Large Exposure Rules for Merchant Banks
By Editors | 18/07/2025
MAS plans to tighten large exposure limits to 25% of Tier 1 capital for merchant banks and refine related-party rules for all banks.
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