FINTECH / REGTECH

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.

AML / KYC

HKMA is Intensifying its Crackdown on Scams, Laundering, Fraud

By Nathan Lynch | 02/05/2025

The HKMA is sharpening its focus on financial crime as scams and fraud complaints continue to rise, albeit at a slower pace compared to previous years.

Fintech / Regtech

China Issues Guidance on Data Protection Compliance Audits

By Manesh Samtani | 01/05/2025

The guidance incorporates the requirements of the Cybersecurity Law, Data Security Law, Personal Information Protection Law and other related regulations and national standards.

Fintech / Regtech

RBI Directs Regulated Entities to Use RAVAAH Portal from 1 May

By Editors | 01/05/2025

PRAVAAH is a centralised web-based platform launched in May 2024 for regulated entities to submit applications for authorisations, licences, and approvals.

Fintech / Regtech

NZ FMA Announces First Six Firms That Will Join Pilot Sandbox

By Manesh Samtani | 30/04/2025

Six firms will test new products and services in a controlled environment, helping the FMA to gain greater insights into new technologies.