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Supplementary Budget Estimates Senate Economics Legislation Committee, Opening Statement, 3 December 2025 - Opening Statement By ASIC Chair Joe Longo At The Senate Economics Legislation Committee, Supplementary Budget Estimates, 3 December 2025
Date 03/12/2025
Good afternoon,
I am pleased to be here for the final Estimates hearing of 2025.
I am joined today by Deputy Chair Sarah Court, Commissioners Kate O’Rourke, Alan Kirkland and Simone Constant, CEO Scott Gregson and Executive Director for Enforcement and Compliance, Chris Savundra.
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SGX Securities Welcomes UltraGreen.ai Limited To Mainboard
Date 03/12/2025
SGX Securities congratulates UltraGreen.ai Limited on their successful Mainboard listing under the stock code “ULG”.
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Hong Kong Securities And Futures Commission Suspends Dealings In Dashan Education Holdings Limited Shares Over Significant Overstatement Of Corporate Bank Balances
Date 03/12/2025
The Securities and Futures Commission (SFC) has directed The Stock Exchange of Hong Kong Limited (Stock Exchange) to suspend dealings in the shares of Dashan Education Holdings Limited (Dashan) under the Securities and Futures (Stock Market Listing) Rules (SMLR), effective from 9:00 am on 3 December 2025.
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ASIC Issues Updated Guidance On Digital Disclosures
Date 03/12/2025
ASIC has updated Regulatory Guide 221 Facilitating digital financial services disclosures (RG 221) following a consultation with industry.
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“Innovation, Supervision And Partnerships: Priorities In A Changing Landscape” - Keynote Address By Mr Lim Tuang Lee, Assistant Managing Director (Capital Markets) Monetary Authority Of Singapore, At The Futures Industry Association (FIA) Asia Derivatives Conference On 3 December 2025
Date 03/12/2025
Good morning. I am delighted to join you at this year's Asia Derivatives Conference.
I want to extend my sincere appreciation to FIA for bringing the Asia-Pacific derivatives community together here in Singapore for the past 17 years.
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Japan Financial Services Agency: Special Zones For Financial And Asset Management Businesses
Date 03/12/2025
Based on the “Policy Plan for Promoting Japan as a Leading Asset Management Center” (December 13, 2023), the FSA published the “Policy Package to Achieve Special Zones for Financial and Asset Management Businesses.” The FSA decided to assign the following four areas as the Special Zones (June 4, 2024):
- Hokkaido and Sapporo (joint proposal)
- Tokyo
- Osaka Prefecture and Osaka City (joint proposal)
- Fukuoka Prefecture and Fukuoka City (joint proposal)
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Hong Kong Securities And Futures Commission Suspends Loretta Lee Si Kar For Three Months And Two Weeks
Date 03/12/2025
The Securities and Futures Commission (SFC) has suspended Ms Loretta Lee Si Kar, a responsible officer (RO), manager-in-charge (MIC) and director of Tung Tai Securities Company Limited (Tung Tai), for three months and two weeks from 1 December 2025 to 14 March 2026.
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SGX Securities Welcomes Infinity Development Holdings Company Limited To Catalist
Date 03/12/2025
SGX Securities congratulates Infinity Development Holdings Company Limited (Infinity Development) on its successful Catalist listing today under the stock code “ZBA”.
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New Zealand Financial Markets Authority: OCR Pass Through Transparency - Delivering Transparency On The Pace At Which Financial Institutions Respond To Changes In The Official Cash Rate
Date 03/12/2025
The Reserve Bank of New Zealand (RBNZ) sets the official cash rate (OCR) to achieve and maintain price stability (inflation). Banks and other financial institutions like credit unions, building societies and some finance companies use the level of the OCR as one of the factors when they determine interest rates offered to their customers.
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ASIC Updates Guidance On Product Disclosure Statements
Date 03/12/2025
ASIC has published updated Regulatory Guide 168 Product Disclosure Statements: Disclosure and other obligations (RG 168) following consultation with industry.
