The new regulation is targeting digital asset and payment service providers in both cryptocurrencies and stablecoins; draft legislation is expected by the end of 2025.
Sydney-based Ben Connolly will step up from his real estate role, while Philippe Perzi will join from Goldman Sachs where he was managing director and head of FIG.
FA understands the bank is making a number of senior leadership changes and hires across ECM, investment banking and technology, in Hong Kong, Singapore, Sydney and San Francisco; including Apac Equity Syndicate leader and head of SEA ECM.
Despite numerous challenges, which are growing under Trump’s second administration, sustainable finance might be an area where females are more likely to excel and take leadership roles, including in Asia; senior leaders gave FA their opinions.
The Australian bond market has seen a record start to the year, with A$69bn being issued so far in 2025, with robust investor liquidity and tightened spreads.
Entries are now open for the 29th edition of the FinanceAsia Awards which celebrate the best banks, brokers, consultants, rating agencies, law firms and other financial institutions across the region.