Payments & Settlements

Korea: Woori Bank Executes First Offshore Won Transaction

05/11/2026

South Korea’s push to internationalise its currency has yielded its first offshore won transaction through Woori Bank's Singapore branch.

Tokenisation

Hong Kong Banks Achieve Real-Time Tokenised Liquidity Management

05/11/2026

Ant International and banking partners have successfully executed live cross-bank tokenised deposit transfers to unlock round-the-clock liquidity access.

Alternative Markets

Korea Sets Out Investment Mandates for Second National Growth Fund

05/11/2026

The FSC has detailed investment requirements and risk management strategies for the second tranche of its national growth fund.

Capital Adequacy

RBNZ Authorises Revolut to Provide Banking Services in New Zealand

05/11/2026

The RBNZ has registered Revolut as the country's first digital bank following a two-year application process.

KYC & CDD

India Post, UTI Mutual Fund Extend KYC Partnership Beyond Remediation

05/11/2026

The new agreement moves beyond an earlier initiative to address pending KYC requirements, using India Post’s postal network to strengthen ongoing verification and investor access nationwide.

Structural Regulation

Korea to Overhaul Pension Rules with Mandatory External Funding

05/11/2026

The proposed reforms will phase in funding requirements for all workplaces, introduce fund-type pension schemes and ease investment restrictions to improve retirement savings returns.

Payments & Settlements

Bangladesh Introduces P2P Payments Through Bangla QR

05/11/2026

The service enables interoperable transfers between bank accounts and mobile wallets through QR code scanning, following a regulatory push for wider adoption of the national payment standard.

Structural Regulation

Korea to Streamline Global Minimum Tax Filing for Multinationals

05/11/2026

The tax authority is revamping its digital filing system and proposing regulatory tweaks to ease the global minimum tax reporting burden.

Reporting & Disclosures

Vietnam Proposes Expanded English Disclosure, ESG Rules for Securities Sector

05/11/2026

The proposed reforms would require full English-language compliance by 2028, introduce sustainability reporting requirements and strengthen disclosures by listed companies and intermediaries.