ASIC is asking for an independent expert to review a remediation plan for the trade reporting functions of Macquarie's futures dealing and OTC derivatives; ASIC commissioner Simone Constant said that the action "underscores" the regulator's concerns with the "recurrent" nature of Macquarie's failures.

Chan will join from Goldman Sachs as head of markets solutions for financial institutions for Asia South and Asia North in July.

Read on for the winners of the 29th iteration of the FinanceAsia Awards, across Australia and New Zealand.

The US-China trade war, sparked by US president Donald Trump's tariffs, looks like it is just beginning, with global markets set to be on a roller coaster for weeks; China has now retaliated further.

US president Donald Trump's sweeping tariffs, from April 9, are set to hit China, India, Taiwan, South Korea and many other countries hard; China has responded in kind sparking a global trade war threat.

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.

The HKEX listed exchange benefitted from surging crypto prices, and is looking at overseas markets and payment expansion.

Demographics, economic growth and government initiatives are bolstering demand to provide more investment into India's healthcare infrastructure, as overall PE sentiment in the region improves.

Citi's Akira Hoshino succeeds Tokiya Kishie, who has left the company.