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Crypto / Digital Assets
Hong Kong Legislative Council Passes Stablecoin Ordinance
By Sanday Chongo Kabange | 21/05/2025
The ordinance, set to take effect later this year, will require issuers of fiat-referenced stablecoins to be licensed by HKMA to be offered in Hong Kong.
Big Picture
FS-ISAC Outlines Cyber Threats Facing FIs in 2025
By Manesh Samtani | 20/05/2025
New report highlights growing cyber threats facing the financial sector, driven by emerging technologies, scam networks, and geopolitical instability.
AML / KYC
GCFFC Establishes Innovation & Technology Experts Working Group
By Manesh Samtani | 20/05/2025
The Working Group will explore how data used to create a Digital ID could support FIs in fighting financial crime
Fintech / Regtech
HKMA Partners with Transport Bureau to Boost Trade Finance
By Sanday Chongo Kabange | 20/05/2025
Banks will gain access to real-time cargo status data, enabling them to assess clients’ operational performance more effectively.
Fintech / Regtech
ISDA Publishes Paper on Use of GenAI for CSA Digitisation
By Nithya Subramanian | 20/05/2025
GenAI can accurately extract and digitise legal clauses from credit support annexes, which can help to improve efficiency and reduce costs for the industry.
Fintech / Regtech
BOK Seeks to Build AI Benchmark for Tailored LLM Evaluation
By Editors | 19/05/2025
BOK seeks contractor to build AI benchmark for LLMs, aiming to improve performance in economics and finance.
AML / KYC
New Zealand Issues AML/CFT Guidance for Stored Value Instruments
By Sanday Chongo Kabange | 19/05/2025
The guidance summarises the regulations applicable to SVIs and explains the conditions they must meet to be exempt from the provisions of the AML/CFT Act.
Fintech / Regtech
IOSCO Sets Standards for Finfluencers, Copy Trading, Digital Engagement
By Manesh Samtani | 19/05/2025
IOSCO sets out good practices to protect retail investors from online fraud, excessive risk-taking, and misinformation.
Securities / Derivatives
ISDA Paper Proposes Reforms to Optimise Derivatives Market
By Sanday Chongo Kabange | 19/05/2025
New whitepaper outlines 15 specific measures that could unlock billions in annual savings for the derivatives market.
Fintech / Regtech
FSS Korea Outlines Top Cybersecurity Priorities for FIs
By Nithya Subramanian | 19/05/2025
FSS to establish real-time emergency communication system for financial sector to ensure swift response to cyber incidents.
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