Regulatory News Wrap for Asia

Monday, 2026-08-10 · covering the last ~72 hours

India

SEBI

No new material SEBI circulars, press releases or consultation papers over the weekend. No update to the Zee Entertainment/Subhash Chandra/Punit Goenka debarment order. The comment window on the draft Portfolio Managers Regulations, 2026 closes Thursday, 13 August — the last call for market feedback before the rules are finalised.

Exchanges (NSE/BSE)

No new material NSE or BSE circulars this window beyond routine settlement-calendar, new-listing and surveillance notices. Category I (F&O-eligible) stocks completed a fifth consecutive live day of the Closing Auction Session on Friday, 7 August, with no operational issues reported since the 3 August go-live; exchanges were closed over the weekend.

RBI, IFSCA & other

No new material RBI or IFSCA items this window. The comment window on RBI's draft Foreign Exchange Management (Foreign Investment) Rules, 2026 — which would replace the NDI Rules, 2019 — remains open until 31 August; no new IFSCA circulars or consultation papers bearing on equities this window.

Rest of Asia — Developed Markets

A quiet weekend: no material new regulatory or market-structure announcements from Hong Kong (SFC, HKEX), Japan (JFSA, JPX/TSE), Singapore (MAS, SGX RegCo) or Australia (ASIC, ASX) this window.

Rest of Asia — Emerging Markets

The Philippines SEC dug in on its term-limit rule for PSE broker-directors after two veteran board members sued to void it. Eddie Gobing and Ma. Vivian Yuchengco filed a petition for certiorari and prohibition with the Court of Appeals on 5 August seeking to strike down SEC Memorandum Circular No. 17-2026, which caps broker-director tenure at a cumulative 10 years (with a one-year cooling-off period after an initial five-year term) and sets penalties of up to ₱1 million per broker per year plus a ₱30,000 monthly continuing penalty for non-compliance; the petitioners argue the SEC lacks statutory authority to impose term limits and that the rule breaches due process and equal protection. SEC Chairman Francis Lim defended the rule through the weekend, saying a board seat is "a privilege, not a vested right" and that the circular curbs board entrenchment without removing shareholders' voting rights. Manila Times

Elsewhere, a quiet window: no new circulars or structural rule changes from China (CSRC, SSE/SZSE, Stock Connect), South Korea (FSC/FSS, KRX), Taiwan (FSC, TWSE/TPEx), Thailand (SEC, SET), Indonesia (OJK, IDX) or Malaysia (SC, Bursa) this window.

Industry & broker notes

Nothing distinct from freely available broker/industry commentary this window beyond the item above.

Informational only — summaries of public regulatory sources; not advice.