FINTECH / REGTECH

Crypto / Digital Assets

Korea FSS Considers Inspections of Korbit Over Trading Suspension

By Thisanka Siripala | 19/06/2025

The FSS is said to be investigating the cause of a 12-hour trading and services suspension at crypto exchange Korbit.

Fintech / Regtech

“Perfect Storm” of Operational Risks Brewing: APRA

By Thisanka Siripala | 19/06/2025

APRA’s Chris Gower said geopolitics, cyber threats, and third-party reliance create operational resilience challenges for the financial sector.

Big Picture

Banking Sector Reports Fall in Operational Risk for 2024: ORX

By Editors | 18/06/2025

ORX report shows banking sector operational risk losses down in 2024, but external fraud and digitalisation trends warrant attention.

AML / KYC

FATF Publishes Updated R.16 Standard on Payment Transparency

By Manesh Samtani | 18/06/2025

The FATF said the will help combat fraud and illicit finance, balancing security with innovation and financial inclusion.

Enforcement

Philippines Launches Complaint Centre for Victims of Abusive Online Lenders

By Nithya Subramanian | 18/06/2025

The SEC also revoked the licences for 401 lending and financing companies, part of a wider crackdown on illegal and predatory lending practices.

Crypto / Digital Assets

South Korean Lawmakers Propose Stricter Stablecoin Rules

By Manesh Samtani | 18/06/2025

New “Digital Asset Innovation Act” proposes higher capital requirements for stablecoin issuers and the establishment of a new committee under the FSC.

Fintech / Regtech

RBI Issues New Framework for Electronic Trading Platforms

By Nithya Subramanian | 18/06/2025

Entities seeking RBI authorisation must be incorporated in India, have a minimum net worth of INR 50 million, and employ at least two key personnel.

Fintech / Regtech

China Tightens Rules on Futures Algo Trading Including HFT

By Manesh Samtani | 18/06/2025

New regulations aim to enhance oversight, manage risks, and ensure fair trading practices in China’s futures market.

Fintech / Regtech

Thailand to Invest in AI-Powered Anti-Scam Data System

By Nithya Subramanian | 18/06/2025

The upgraded system will be operational in 2026. Meanwhile, recent measures to strengthen scam prevention have reduced losses, said Prasert Jantararuangtong.