AML / KYC

FATF, INTERPOL, UNODC Issue Joint Call to Action

20/05/2025

Governments must improve asset recovery efforts and to cooperate internationally to make financial investigations more targeted and effective.

Fintech / Regtech

IOSCO Sets Standards for Finfluencers, Copy Trading, Digital Engagement

19/05/2025

IOSCO sets out good practices to protect retail investors from online fraud, excessive risk-taking, and misinformation.

Securities / Derivatives

SFC’s Marketing Sounding Guidelines Are Challenging for Some Firms

19/05/2025

Market practitioners say some firms might not be able to “strictly comply” with the new market sounding guidelines.

AML / KYC

FATF is the ‘Best Compass We Have’ for Fighting Financial Crime

19/05/2025

Former FATF Executive Secretary David Lewis said the global body offers stability amid rising nationalism and geopolitical risks.

Sanctions

US Tightens Export Controls Targeting Huawei AI Chips

18/05/2025

Huawei’s Ascend AI chips now need a licence for their use irrespective of geographical location, which is an effective worldwide ban.

Market Infrastructure

UK and China Aim to Deepen Market Ties, Unblock Stock Connect

18/05/2025

A China-UK Wealth Connect scheme is proposed as a potentially “transformational” next step in strengthening financial ties.

Enforcement

Korea FSS to Strengthen Scrutiny of Online Loan Platforms

18/05/2025

The FSS will boost oversight of loan platforms after a review found unfair practices including misleading advertising.

Crypto / Digital Assets

NY Fed, BIS Explore Tokenisation for Central Bank Operations

15/05/2025

Project Pine shows central banks can use tokenisation, smart contracts for nimble monetary policy in a digital future.

Capital / Liquidity

IADI Seek Feedback on Revised Deposit Insurance Standards

15/05/2025

The revisions take into account the rise of digital innovation, the increasing role of deposit insurers in resolving failing banks, and lessons learned from the March 2023 banking turmoil.