Fintech / Regtech

Vietnam Directs Ministries to Bolster Cashless Payment Adoption

01/08/2025

The directive aims to expand the digital payment ecosystem, enhance regulatory oversight, and combat tax evasion and financial crime.

ESG / Sustainability

India Caps Tax Audits at 60 Per Partner to Curb Market Concentration

01/08/2025

The new mandatory guidelines, effective from April 2026, aim to enhance audit quality and ensure a wider distribution of assignments.

Securities / Derivatives

India Expands Jane Street Probe to Include Local Partner Nuvama

01/08/2025

The 'survey' at Nuvama Wealth Management's offices is linked to its role as a trading partner for Jane Street, which has been under regulatory scrutiny.

Securities / Derivatives

BSP Launches Open Finance Pilot to Boost Retirement Funds

01/08/2025

The BSP has partnered with financial firms on a new framework to simplify access to voluntary retirement accounts.

Enforcement

Bangladesh: BSEC Bans Former Chairman for Life Over Bond Scams

31/07/2025

The BSEC has also imposed multi-million dollar fines and sanctioned its own former leadership in a landmark enforcement action targeting market manipulation.

Enforcement

Indian Crypto Exchange CoinDCX Hit by Theft, Employee Arrested

31/07/2025

Police are investigating potential insider involvement after hackers siphoned off USD 44 million from the major Indian exchange.

Securities / Derivatives

Korean Venture Groups Propose Measures to Revitalise KOSDAQ Market

31/07/2025

The associations are calling for a major liquidity injection, increased pension fund investment, and structural reforms to boost the KOSDAQ market.

Crypto / Digital Assets

Indonesia Overhauls Crypto Rules, Reclassifies Assets, Hikes Taxes

31/07/2025

New rules effective 1 August will double transaction taxes for sellers and reclassify crypto as a financial asset, removing VAT for buyers.

Crypto / Digital Assets

Pakistan to Fast-Track Crypto Regulation for Banking and Trade

31/07/2025

The government is developing a legal and regulatory framework and plans to issue licences for banks and forex companies to trade virtual assets.