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Payments & Settlements

Malaysia, Indonesia, Thailand Expand Local Currency Settlement Network

By Nithya Subramanian | 06/08/2025

The central banks have appointed new ACCDs to support the LCTF, to boost trade and investment settlements in ringgit, rupiah and baht.

Emerging Prudential Risks

PBOC Forms New Stability Committee Amid Property Sector Strain

By Mark Johnston | 05/08/2025

PBOC will prioritise defusing risks from local government debt and key institutions while maintaining loose monetary policy.

Conduct, Culture & Accountability

HKMA Tightens Rules on Bank Executives' External Roles

By Manesh Samtani | 05/08/2025

HKMA revises corporate governance code to minimise conflicts of interest arising from directors and senior management holding outside positions.

Clearing & Post-Trade

Sri Lanka Launches Central Counterparty for Equity Market

By Duruthu E Chandrasekera | 05/08/2025

The new clearing house, regulated by the SEC, will guarantee equity trades, reduce systemic risk, and align with global standards to attract foreign investment.

Operational Risk

BOJ, FSA Launch Joint Data Platform to Modernise Bank Supervision

By Editors | 04/08/2025

Regulators will collect high-granularity data from banks to enhance risk monitoring and reduce the industry's reporting burden.

Anti-Money Laundering

Singapore's MinLaw Penalises More Law Firms Over AML Lapses

By Manesh Samtani | 04/08/2025

The Ministry of Law has fined three firms and reprimanded three others for AML breaches involving property deals linked to the SGD 3 billion money laundering case.

Structural Regulation

China Sets Unified Rules for Financial Market Infrastructure

By Manesh Samtani | 04/08/2025

New measures unify supervision across key systems, establish a framework for systemically important platforms, and set strict data residency requirements.

Trading & Investment

China to End VAT Exemption on Government and Financial Bond Interest

By Manesh Samtani | 04/08/2025

The move, effective from 8 August for new issues, aims to increase fiscal revenues and is expected to significantly impact institutional investors including banks.

Fraud, Scams & Cybercrime

Singapore Charges Director of Crypto Platform Operator with Fraud

By Nithya Subramanian | 04/08/2025

MAS referred Tokenize Xchange to police after its licence was rejected and it found potential asset shortfalls and false representations.