The Accounting and Corporate Regulatory Authority just issued new ethics conduct rules for public accountants in SG. Here's what it means for audit firms, financial controllers, corporate accountants, and risk leads across Asia.
1️⃣ Accounting and Corporate Regulatory Authority — Ethics Code Updated
The top accounting body in SG issued revised ethics rules for public accountants and audit firms.
The new standards directly impact registered public accountants, audit teams, and accounting firms in the market.
Firms must review independence controls, internal policies, and compliance steps now to ensure full regulatory alignment.
2️⃣ Independent Commission Against Corruption — Five Charged in Subsidy Fraud
The top anti-graft agency in Hong Kong charged five people including a tech firm director over subsidy voucher fraud.
The enforcement action hits tech vendors, grant applicants, and commercial firms using public subsidy funds in HK.
Firms using government grants should audit provider contracts, check submitted forms, and tighten internal controls now.
3️⃣ Government of the Hong Kong Special Administrative Region — Provident Fund Rules Gazetted
The Hong Kong SAR government gazetted commencement notice for MPF General Amendment Regulation updates.
The regulatory updates affect registered retirement scheme trustees, corporate employers, HR leads, and fund managers in HK.
Employers and plan managers must adjust payroll systems, contribution rules, and compliance workflows promptly ahead of enforcement dates.
4️⃣ Fair Work Commission — Fuel Order Changes Proposed
Australia's workplace tribunal proposed variations to contractual chain orders for fuel costs in road transport.
The regulatory proposal hits transport operators, logistics providers, freight contractors, and commercial transport hirers in Australia.
Operators should examine transport contract terms, review fuel cost clauses, and submit formal feedback before consultation closes.
5️⃣ Securities and Futures Commission — T+1 Settlement Endorsed
The financial market agency in Hong Kong backed stock exchange plans to move equity clearing to a T+1 settlement cycle.
The market shift impacts institutional investors, broker-dealers, clearing members, asset managers, and custodian banks in HK stock markets.
Participants must review post-trade clearing workflows, automation tools, and liquidity management capabilities to prepare for shorter cycles.
Full analysis in the attached RegNext Daily Asia-Pacific Radar carousel.
— Elena Navarro · Managing Editor, RegNext
Daily Asia-Pacific Radar · Friday 16 Oct 2026
#APACRegulation #FinancialRegulation #ComplianceIntelligence #RegTech











