Enforcement

Australia's Financial Accountability Regime Under Fire for Lack of Enforcement

07/08/2025

A key post-royal commission reform is being criticised for failing to produce any penalties, despite numerous instances of misconduct in the financial sector.

Fintech / Regtech

Chinese Fintech to Launch Country's First Agricultural RWA Project

07/08/2025

CAC Fintech's strategic alliance with SFC-licensed Eddid Financial will focus on the tokenisation of agricultural assets, aligning with a mainland policy directives.

AML / KYC

Malaysia Examines Proposal for Unexplained Wealth Law

06/08/2025

The government is studying a proposal for Unexplained Wealth Orders to combat corruption but will move slowly to avoid unintended consequences.

Enforcement

South Korea Crypto CEO Gets Second Jail Term for Fraud

06/08/2025

The head of the collapsed Bitsonic exchange has been convicted of a new fraud scheme while already serving a seven-year sentence for a larger case of market manipulation.

Fintech / Regtech

Korea FSS Hails Success of Online Platforms in Blocking Fraud

06/08/2025

Over the past year, a collaboration with Google and Kakao using AI and pre-verification has blocked over 270,000 fraudulent accounts and halved complaints about illegal ads.

ESG / Sustainability

India: Parliamentary Panel Calls for New ESG Body to Combat Greenwashing

06/08/2025

The parliamentary committee has urged the MCA to create a specialised body and amend company law to fight misleading environmental claims.

China Extends Preferential Income Tax Policies for Foreign Nationals

06/08/2025

The move provides long-term certainty for expatriates and their employers by extending tax-free allowances until 2028 and clarifying rules on deductions.

Trending

RBI Scraps Approval Process for Special Rupee Vostro Accounts

06/08/2025

The move allows AD banks to open special accounts for foreign counterparts without prior RBI consent to speed up rupee-based trade settlements.

Enforcement

Former Taiwan Regulator Jailed Over Decade-Old 'Vulture' Case

06/08/2025

A former FSC bureau chief has been sentenced to over four years for leaking confidential probe details in a 2005 market manipulation scheme.