This podcast episode explores significant regulatory developments affecting the financial sector in ASEAN, particularly focusing on Dematerialisation, the Securities and Futures Act, restructuring, digital financial asset regulation, and business license revocations.

Key updates include the revocation of the business license of PT Tennet Depository Indonesia by the Financial Services Authority (OJK) for its role in digital financial asset depository services, requiring immediate cessation of related activities. In Singapore, the Monetary Authority of Singapore (MAS) has released consultation papers proposing a new regulatory framework for central securities depositories (CSDs) and a dematerialisation regime for listed company shares, aiming to modernize securities holding and registration processes. Additionally, MAS has imposed lengthy prohibition orders on two former relationship managers for regulatory breaches.

These regulatory actions and proposals highlight the ASEAN region's drive to strengthen financial market integrity and adapt to technological advancements in securities and digital assets.

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Articles mentioned:

1. Revocation of Business License of PT Tennet Depository Indonesia as Provider of Depository Facility for Digital Financial Assets Including Crypto Assets
2. MAS Issues Prohibition Orders against former Relationship Managers Wang Qiming and Liu Kai
3. 20-Mar-2026 - Notice of Intended Dissolution
4. Consultation Paper on Proposed Regulatory Framework for Central Securities Depositories
5. 2026-03-16 - 反倾销 - 美国对脂肪酸发起双反调查
6. Consultation Paper on Proposed Dematerialisation Regime for Shares of Listed Companies
7. R843
8. BI-Rate Held at 4.75%: Maintaining Stability, Strengthening Economic Growth
9. Labuan Financial Services Authority Offices To Close For The Additional Hari Raya Aidilfitri Public Holiday
10. Siaran Pers: Debitur Pelaku Kejahatan Perbankan Bisa Dipidana, OJK Tuntaskan Tipibank BPR Duta Niaga Pontianak