FINTECH / REGTECH

Enforcement

Over 1,800 Arrested in Transnational Crackdown on Scams: Singapore Police

By Nithya Subramanian | 05/06/2025

A cross-border operation spanning seven territories has uncovered extensive scam networks linked to over 9,200 cases, with victims losing an estimated $225mn.

Fintech / Regtech

SBV Set to Tighten Corporate Account Rules to Combat Fraud

By Nithya Subramanian | 05/06/2025

Starting 1 July 2025, corporate bank accounts in Vietnam without biometric verification will be blocked from making digital transactions.

Crypto / Digital Assets

Stablecoin Law Sparks Mainland Interest in Using Hong Kong as Tokenisation Hub

By Editors | 05/06/2025

Citic Securities forecasts that Hong Kong’s stablecoin legalisation will help mainland firms push their initiatives forward and attract a tokenisation boom.

Market Infrastructure

Philippine SEC Approves First Two Entrants to Regulatory Sandbox

By Sanday Chongo Kabange | 05/06/2025

Pluang PH and GCash are the first companies to enter the SEC’s new sandbox, allowing them to pilot their platforms in a controlled environment.

Securities / Derivatives

China Foreign Exchange Trade System Updates Emergency Trading Rules

By Editors | 05/06/2025

The CFETS has revised its emergency service rules to adapt to market developments and maintain trading order.

Fintech / Regtech

RBI Grants Cross-border Payment Aggregation IPAs to Platforms

By Nithya Subramanian | 04/06/2025

The move is aimed at strengthening India’s outbound payments infrastructure and supporting exporters, small businesses and the digital economy.

Fintech / Regtech

Japan’s FSA Establishes New ‘AI Public-Private Forum’

By Editors | 04/06/2025

The forum aims to foster a secure environment for FIs to discuss their use of AI, share best practices, and address practical challenges.

Fintech / Regtech

Bangladesh Bank Directs Banks to Monitor for Online Gambling

By Nithya Subramanian | 03/06/2025

FIs are directed to actively monitor for any involvement in online gambling and, where needed, employ AI tools to detect suspicious transactions.

AML / KYC

BSP Approves Rules to Implement New Anti-Scam Law

By Sanday Chongo Kabange | 03/06/2025

BSP approved changes to rules on freezing of suspicious funds, account information sharing, and IT risk management.