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Asia-Pacific in focus: December 2025 at a glance

People in front of a skyscraper in China.
Photo: Cheng Xin/Getty Images

Our monthly roundup of the latest developments in financial regulation from the Asia-Pacific region.

In this roundup: Singapore and China deepen cooperation in capital markets, MAS says it will not regulate estate agents, Hong Kong regulator fines EFG Bank, and a summary of other developments in the Asia-Pacific region.

Singapore

Singapore’s financial regulator announced the launch of “financial and capital markets initiatives to deepen