Regulatory News Wrap for Asia

Monday, 2026-11-09 · covering the last 72h

India

SEBI

SEBI's new Settlement Regulations take effect, replacing the 2018 framework with an online application process and a revised settlement formula. The SEBI (Settlement of Administrative and Civil Proceedings) Regulations, 2026 came into force on November 7, retiring the 2018 settlement-proceedings regime (subject to transitional and saving provisions) and introducing an online application facility, calculators for settlement amounts, and fast-track windows for smaller matters alongside disgorgement provisions. Parties with matters already in train under the old framework may file a fresh application within 90 days, i.e. by February 4, 2027. Binds any entity or individual facing SEBI administrative or civil enforcement proceedings. Press release

Exchanges (NSE/BSE)

NSE and BSE stayed routine over the long weekend — dividend-adjustment notices, price-band changes and the usual surveillance-list refreshes — nothing touching algo trading, colocation, tick sizes, circuit limits or block/bulk deal rules.

RBI, IFSCA & other

No new FEMA/FPI, settlement or payment-system rule-making from RBI as rule-maker this window, and nothing retrieved from IFSCA.

Rest of Asia — Developed Markets

Hong Kong — SFC: The SFC published consultation conclusions confirming it will introduce a Legislative Council bill expanding the list of names unregulated entities cannot adopt under the Securities and Futures Ordinance, adding a parallel restriction under the Anti-Money Laundering Ordinance and extending coverage to terms like "trading platform" and "virtual assets" beyond the current "exchange"-type titles; nine submissions supported the plan. Separately, the SFC issued a circular on Clearing Amendment Rules carrying through the standardised OTC-derivatives calculation periods it agreed with the HKMA in June. Consultation conclusions · Circular

Singapore — MAS: MAS opened a consultation on a proposed Circular on Financial Sector Quantum-Safe Migration Guidance and Timelines, setting supervisory expectations and indicative milestones for financial institutions' move to quantum-safe cryptography; comments close November 23. Consultation paper

Australia — ASIC: ASIC issued its final warning to AFS licensees that engaging lead generators without proper oversight puts their licence at risk, after a review found unlicensed or unqualified lead generators embedded in the advice process. It also made interim stop orders against two Angas Securities managed investment schemes over disclosure statements that understate the manager's financial position and one fund's exposure to the Bathla Group. 26-270MR · 26-271MR

Nothing material out of Japan or New Zealand this window.

Rest of Asia — Emerging Markets

A quiet window across the board — China, Korea, Taiwan, Thailand, Indonesia, Malaysia and the Philippines all had nothing material to report.

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