FINTECH / REGTECH

Big Picture

RBNZ Report Assesses Impact of AI on Financial Stability

By Sanday Chongo Kabange | 06/05/2025

RBNZ’s Kerry Watt said AI’s impact could be positive, especially in enhancing resilience, but it could also introduce or amplify vulnerabilities

Fintech / Regtech

SEBI Consults on Framework for Orderly Exit of KYC Registration Agencies

By Nithya Subramanian | 06/05/2025

KRAs would be required to develop a Standard Operating Procedure to ensuring continuity of services in the event of voluntary exit or involuntary cessation of operations.

Fintech / Regtech

Cambodia, Hong Kong Eye Payment System Connectivity

By Editors | 06/05/2025

A proposed MoU between NBC and HKMA would focus on payment system connectivity and collaboration on foreign exchange and reserve management.

Fintech / Regtech

Vietnam Approves P2P Lending Trials in Fintech Sandbox

By Nithya Subramanian | 06/05/2025

The pilot establishes a regulatory testing ground for digital lending, credit scoring, and API-based data sharing. Foreign banks are excluded from participation.

Fintech / Regtech

South Korea Eases Crypto Restrictions, Tightens Listing Rules

By Manesh Samtani | 05/05/2025

South Korea eases rules on virtual asset sales for NPOs and crypto exchanges while tightening listing rules to enhance market stability and investor protection.

Fintech / Regtech

OJK Indonesia Launches AI Governance Framework for Banks

By Nithya Subramanian | 05/05/2025

New guidebook takes a holistic approach covering the entire AI lifecycle; part of OJK’s broader initiative to accelerate digital transformation in the financial sector

Fintech / Regtech

Cambodia, Japan to Enable Cross-border QR Payments

By Editors | 04/05/2025

In Phase 1, Cambodian Bakong users will be able to make payments in Japan by scanning JPQR. In Phase 2, Japanese users will be able to pay in Cambodia by scanning KHQR.

AML / KYC

FinCEN Moves to Cut Off Cambodia’s Huione Group from US Financial System

By Nithya Subramanian | 02/05/2025

FinCEN said Huione Group laundered over $4 billion in illicit funds linked to North Korean cyber heists and cryptocurrency scams across Southeast Asia.

Fintech / Regtech

ACCC Authorises AusPayNet, AP+ to Engage on Payments Infrastructure 

By Sanday Chongo Kabange | 02/05/2025

ACCC has given AusPayNet, AP+ and others interim approval to share information relating to the future development of Australia’s payments infrastructure.