The Thailand Securities and Exchange Commission is consulting on replacing its Disciplinary Committee for Digital Asset Businesses with an advisory panel at the SEC Office level. The SEC Office would handle initial consideration and orders, while the SEC Board would retain authority over appeals.

The Philippines Insurance Commission and other market authorities will apply the international pricing convention to peso-denominated government and corporate bonds from Jan. 4, 2027. Settlement value calculations may change, but bond terms, taxes, coupons and principal repayments will not. Regulations and systems are expected to be ready by the end of 2026.

The International Monetary Fund outlined policies to address the macrofinancial risks of foreign currency stablecoins, including currency substitution, weaker capital controls, bank disintermediation and greater exposure to shocks. It recommends stronger macroeconomic frameworks, comprehensive regulation and reporting, country-specific use of foreign exchange buffers and intervention, and closer international coordination.

An International Monetary Fund technical note finds that AI related financial stability risks remain manageable but could grow as investment relies more heavily on external and interconnected financing. Vulnerabilities are concentrated among infrastructure and cloud providers, while circular financing, technological obsolescence and correlated markets could amplify shocks. The note highlights the need for better exposure data, scenario analysis and monitoring of leverage across banks and nonbank financial institutions.

The Mauritius Financial Services Commission has clarified which entities may independently certify ESG funds under its disclosure and reporting guidelines. Eligible providers include registered audit firms, licensed or recognized credit rating agencies, and qualifying assurance, specialized ESG and impact verification firms.

Hong Kong Securities and Futures Commission Chief Executive Officer Julia Leung detailed collateral, settlement and trading reforms as average daily stock turnover exceeded HKD 270 billion in 2026, up 160% from 2023. Planned measures include cross-clearing-house margin offsets, wider use of Mainland bonds as collateral, T+1 settlement and extended trading hours. Board lot reform for existing issuers will take effect in November, while a further client margin reduction is targeted for March 2027 subject to approval.

The Hong Kong Financial Services and the Treasury Bureau has agreed with 45 insurers to extend mandatory motor and employees’ compensation insurance coverage to the Huanggang Port Hong Kong Port Area. The extension applies from July 31, 2026, at no additional cost to policyholders, ahead of the port’s October 12 opening.

The Monetary Authority of Singapore outlined a framework for scaling tokenised finance through regulatory clarity, trusted digital money and interoperable networks. It plans to settle tokenised MAS Bills with wholesale Singapore dollar CBDC and is advancing shared standards through Project Guardian, BLOOM and Global Layer One. MAS also released an updated runtime safeguards framework and open-source implementation for agentic finance.

The Federal Court ordered Hollard to pay AUD 2 million after it admitted serious claims handling failures breached its duty of utmost good faith. The case is the first civil penalty against an insurer for such a breach. Hollard took more than three years to finalize payments as the insured family’s damaged home deteriorated and became uninhabitable.

Thailand Office of Insurance Commission Secretary-General Chuchat Pramoolpol outlined legal and supervisory measures to protect insurers against six interconnected mega risks. Planned amendments cover governance, professional independence, risk-based capital, disclosure and early intervention, supported by ERM, ORSA, composite risk ratings and stress testing. The measures advance a preventive supervisory model designed to identify and address insurer vulnerabilities before they harm policyholders.

The Australian Securities & Investments Commission has updated its guidance on liquidators’ requests for orders concerning voidable creditor-defeating dispositions. It has also launched practical online resources and a booking system for discussing potential requests before submission, addressing recurring evidentiary and procedural issues.

The Superintendency of Banks of the Dominican Republic has launched guidance to help consumers make informed borrowing decisions and avoid overindebtedness. The initiative also reinforces expectations that financial institutions protect users’ rights and comply with limits on debt collection communications.