AML / KYC

Singapore Implements Tougher AML/CFT Rules for Financial Sector

01/07/2025

Stricter rules targeting proliferation financing and tightening suspicious transaction reporting deadlines for FIs are now in effect.

Securities / Derivatives

Taiwan Launches Mandatory Clearing for TWD Interest Rate Swaps

01/07/2025

The new regime, effective 1 July, aims to reduce counterparty risk, enhance capital efficiency, and align with global standards.

Securities / Derivatives

ASIC Releases Updated Regulatory Guides for Managed Funds

01/07/2025

ASIC has revised two guides, one focusing on compliance and oversight, and the other on the use of discretionary powers by fund managers.

AML / KYC

HKMA Offers Favourable Liquidity Treatment for ‘Money Safe’ Deposits

30/06/2025

HKMA will allow deposits locked in the new anti-scam feature to be treated as more stable for liquidity calculations.

AML / KYC

Hong Kong Rules Out Bespoke Regime for Family Offices

30/06/2025

Hong Kong will rely on existing activity-based licensing and AML laws to police the sector, while enhancing tax breaks.

China Pilots Investment Reporting Programme for Foreign Firms

29/06/2025

China has initiated a pilot programme in eight provinces and municipalities to gather data on domestic reinvestments by foreign-owned firms.

Capital / Liquidity

Korea Tightens Lending Rules to Curb Rising Household Debt

28/06/2025

The “unprecedentedly aggressive move” aims to curb household debt growth, particularly in the Seoul metropolitan area.

Securities / Derivatives

China Launches First Offshore Gold Vault in Hong Kong

27/06/2025

The Shanghai Gold Exchange also listed its first gold contracts on its International Board that can be delivered in Hong Kong.

Crypto / Digital Assets

FATF Calls on Jurisdictions to Bolster Efforts on Crypto Supervision

27/06/2025

FATF issued its latest progress report on the implementation of AML/CFT measures for virtual assets and a best practice paper for Travel Rule implementation.