FINTECH / REGTECH

ESG / Sustainability

Bursa Malaysia Designates Official Sustainability Reporting Channel

By Nithya Subramanian | 26/03/2025

The CSI Platform is designated as the official sustainability reporting channel for all PLCs. New AI-driven tools will help PLCs with ESG reporting, risk assessments, and compliance.

AML / KYC

Malaysian Banking Sector Takes Effective Steps to Avert Scams: BNM

By Nithya Subramanian | 26/03/2025

The NFP has reduced the time taken to identify suspected fraud transactions by 75% and increased identification of mule accounts by 65%.

Crypto / Digital Assets

Crypto Scams Highlight ‘Digital Pivot’ in Money Laundering Tradecraft

By Nathan Lynch | 26/03/2025

The growth of cryptocurrency as a mainstream investment asset class has highlighted the need for new thinking in the fight against fraud and financial crime, writes Nathan Lynch.

Fintech / Regtech

Taiwan Launches New QR Code Payment Service for Travel

By Sanday Chongo Kabange | 25/03/2025

Nine participating financial institutions will offer a 100 percent rebate on fares paid with “TWQR QR Code for Travel” until 31 December.

Fintech / Regtech

Korea Allows Foreigners with Digital IDs to Open Bank Accounts

By Nithya Subramanian | 25/03/2025

Six banks will initially allow foreign nationals in Korea to use the mobile version of their foreigner registration cards to access financial services.

Sanctions

Crypto Industry Seeking More Guidance on Sanctions Implementation

By Manesh Samtani | 25/03/2025

A lack of guidance for the virtual asset industry is undermining the effectiveness of sanctions, according to roundtable participants.

Fintech / Regtech

Taiwan FSC Issues Cyber & Audit Rules for Electronic Payment Firms

By Nithya Subramanian | 24/03/2025

The amendments mandate stricter internal audits and require large electronic payment institutions to establish dedicated cybersecurity units.

Crypto / Digital Assets

Australia Outlines Next Steps for Digital Asset Regulation

By Thisanka Siripala | 24/03/2025

A framework for digital asset platforms will be established, covering trading platforms, custody products, some brokerage arrangements, and certain other services.

Fintech / Regtech

IOSCO Launches New Portal to Combat Investment Fraud

By Mark Johnston | 24/03/2025

I-SCAN aggregates alerts from over 150 financial regulators worldwide, allowing investors to check whether a company or investment has been flagged as unlicensed or fraudulent.