AML / KYC

Securities / Derivatives

India Mandates Digital Accessibility Across Securities Markets

By Editors | 04/08/2025

SEBI has set a strict six-month deadline for exchanges, brokers, and funds to comply with new accessibility standards following a Supreme Court ruling.

Fintech / Regtech

Bank Indonesia to Commence Trial of New 'Payment ID' System

By Nithya Subramanian | 04/08/2025

A limited trial will begin on 17 August to streamline financial data integration while adhering to strict personal data protection laws.

AML / KYC

Korea to Legislate FI Responsibility in Financial Crime Crackdown

By Editors | 04/08/2025

FSC to introduce an AI detection platform and new powers for crypto exchanges as it holds firms liable for fraud prevention and relief.

AML / KYC

India’s ED Summons Anil Ambani, Probes Yes Bank Loan Process

By Editors | 04/08/2025

Enforcement Directorate investigates alleged INR 30 billion loan fraud, focusing on procedural violations, a suspected quid pro quo, and related financial irregularities

AML / KYC

Sri Lanka to Launch National Digital ID by April 2026

By Editors | 01/08/2025

The India-funded project will use the open-source MOSIP platform, with officials stressing adherence to international standards and robust data security protocols.

Fintech / Regtech

Vietnam Directs Ministries to Bolster Cashless Payment Adoption

By Editors | 01/08/2025

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

Sanctions

US Sanctions Hong Kong, Taiwan, China Firms for Supporting Iran

By Manesh Samtani | 01/08/2025

Four entities in Hong Kong, Taiwan, and mainland China are among those targeted for allegedly procuring technology for Iran’s military drone programme.

Crypto / Digital Assets

Hong Kong Stablecoin Licensing Regime Officially Takes Effect

By Sanday Chongo Kabange | 01/08/2025

Hong Kong's new regulatory framework for stablecoins has taken effect, imposing stringent capital, reserves management, and AML requirements on issuers.

AML / KYC

DBS Hong Kong Launches Anti-Scam Team to Contain Fraud Threat

By Manesh Samtani | 01/08/2025

The bank has established a 24/7 team to combat authorised payment scams in Hong Kong, mirroring the model used by its Singapore parent to safeguard the interests of the bank’s customers.