AML / KYC

Singapore “Scamdemic” Attributed to “Rich and Naive” Population

28/05/2025

Singapore has among the highest per-capita scam losses globally. In 80% of reported cases, victims transfer funds to fraudsters voluntarily.

US, Japan Reportedly Considering Joint Sovereign Wealth Fund

28/05/2025

The idea of creating a joint US-Japan sovereign wealth fund has been discussed by senior officials in Washington and Tokyo.

Uncategorised

Korea Launches Bug Bounty Programme to Fortify Cybersecurity

28/05/2025

FSS and FSEC offering rewards up to KRW 10 million for identifying vulnerabilities in financial systems, encouraging ethical hacking to enhance security.

Sanctions

Japanese Shipper Lobbies for Relief After EU Sanctions Hit LNG Tankers

27/05/2025

Mitsui OSK is lobbying the EU via various channels, including the Japanese government, following sanctions on three tankers linked to a Russian LNG project.

Capital / Liquidity

China Unveils 23-Point Plan to Boost SME Financing

27/05/2025

New measures aim to increase lending, cut borrowing costs, and improve efficiency for SMEs, focusing on key sectors like foreign trade and tech.

Securities / Derivatives

Osaka Exchange to Launch New Currency Futures in April 2026

27/05/2025

OSE will list USD/JPY, CNY/JPY, and EUR/JPY futures in April 2026, offering investors a new hedging tool with both day and night sessions.

Capital / Liquidity

EU Delays FRTB to 2027 Amid Competitiveness Fears

27/05/2025

A decision has been made to delay FRTB implementation to preserve the ability of EU banks to compete internationally.

AML / KYC

FSB Convenes Inaugural Forum on Cross-Border Payments Data

26/05/2025

Participants discussed initiatives that could advance the FSB recommendations for addressing data-related frictions in cross-border payments.

Enforcement

China Enhances Investor Protection with New Guidance

25/05/2025

China bolsters investor rights with new guidance targeting fraud, enhancing legal recourse, and promoting capital market stability.