Cryptocurrency

Hong Kong Listed Companies Form Virtual Assets Industry Body

02/09/2025

The new association, backed by nearly 40 firms, aims to foster compliance and support Hong Kong's digital asset hub ambitions.

Credit Risk

China Deepens SME Accounting Data Pilot to Boost Lending

02/09/2025

Regulators are tasking banks with using new standardised data to build credit models and innovate online loan products for small businesses.

Capital Adequacy

Taiwan Proposes Revised Capital Rules for Insurers' Mainland China, HK Operations

02/09/2025

The FSC plans to amend capital adequacy requirements for overseas expansion to align with the new solvency regime taking effect in 2026.

Emerging Prudential Risks

RBA Flags Private Market Risks, Digital Currency Assessment in New Plan

02/09/2025

The RBA's corporate plan highlights financial stability risks from non-bank lending and outlines key work on a potential CBDC.

Anti-Money Laundering

Taiwan FSC Details Widespread AML and Security Flaws at VASPs, Banks

01/09/2025

The FSC has published examination findings for H1 2025, revealing significant deficiencies in customer due diligence and cybersecurity.

Trade Based Money Laundering

India's Enforcement Directorate Obtains First Interpol 'Purple Notice'

01/09/2025

The notice details a sophisticated TBML method using shell firms and forged documents to alert 196 member countries.

Cryptocurrency

BSP Extends Moratorium on New Crypto Licences Indefinitely

01/09/2025

The central bank cites consumer protection and financial stability risks, continuing a freeze that was set to expire this year.

Emerging Prudential Risks

Australia's Super Fund Performance Test Sees Few New Failures

01/09/2025

APRA's annual test finds only seven products failed, all on platforms, prompting industry criticism and calls for reform.

Stablecoins

Thailand Pivots from Public CBDC to Private Stablecoins

01/09/2025

The central bank has no plans for a public digital baht, shifting focus to wholesale applications and a sandbox for privately-issued stablecoins.