Regulatory News Wrap for Asia

Thursday, 2026-08-13 · covering the last ~24 hours

India

SEBI

The Securities Appellate Tribunal reserved its order on Zee and Punit Goenka's bid for interim relief from SEBI's market-access bar, after pressing SEBI's counsel to justify the two-month debarment. At Wednesday's hearing the bench questioned the rationale and proportionality of restraining Zee from the securities market for two months over the Jubilee Hills, Hyderabad property matter, while Zee separately pressed its case to proceed with the ₹3,143 crore preferential warrant issue to Sunbright Mauritius Investments and for relaxation of the 14-day completion window. SAT reserved the interim order and directed both sides to file full replies within six weeks; the underlying bars on Goenka (12 months) and promoter Subhash Chandra (12 months), plus the ₹1.48 crore in aggregate penalties, remain in effect pending that order. Business Standard

The comment window on the draft Portfolio Managers Regulations, 2026 — covering PMS overseas investing, a dedicated MF-only PMS framework and simplified compliance — closes today, Thursday 13 August. No other new material SEBI circulars, press releases or consultation papers this window.

Exchanges (NSE/BSE)

Tuesday's retail-trader "No Trade Day" boycott of the new Closing Auction Session passed with no operational impact: both NSE and BSE ran normal trading sessions and neither exchange nor SEBI made any changes to CAS in response. No new material NSE or BSE circulars this window beyond routine settlement-calendar and surveillance notices.

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 remains open until 31 August.

Rest of Asia — Developed Markets

A quiet window: 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

South Korea's ruling Democratic Party introduced a bill giving the Financial Services Commission emergency authority to cut leverage ratios on single-stock leveraged ETFs. The Capital Markets Act amendment, tabled Tuesday, would let the FSC order leverage-ratio cuts — from the current 2x down toward 1x — on products with more than 1x leverage during periods of extreme volatility, bypassing normal beneficiary-meeting approval. It follows July's suspension of new single-stock leveraged ETF listings (products tracking Samsung Electronics and SK hynix drew criticism for amplifying swings) and a year in which KOSPI/KOSDAQ sidecar and circuit-breaker activations have already outpaced the 2008 financial-crisis record. Seoul Economic Daily

Elsewhere, a quiet window: no new circulars or structural rule changes from China (CSRC, SSE/SZSE, Stock Connect), Taiwan (FSC, TWSE/TPEx), Thailand (SEC, SET), Indonesia (OJK, IDX) or Malaysia (SC, Bursa) this window. In the Philippines, the Court of Appeals challenge by PSE broker-directors Eddie Gobing and Ma. Vivian Yuchengco against the SEC's 10-year broker-director term-limit rule remains pending, with no new filings or hearing date reported.

Industry & broker notes

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

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