Other Asia Pacific

Enforcement

Cambodian Central Bank Revokes Huione Pay’s Banking Licence

By Nithya Subramanian | 12/03/2025

Huione Pay is the banking arm of Huione Group, which allegedly facilitated $24bn in illicit transactions including through Telegram.

Fintech / Regtech

Myanmar Central Bank Launches National QR Code Standard

By Nithya Subramanian | 11/03/2025

MMQR will make transactions more efficient and accessible, reduce dependency on cash, and better align with global trends.

Capital / Liquidity

Bangladesh Bank Lowers Daily Cash Reserve Ratio Requirement

By Editors | 10/03/2025

The daily CRR requirement for commercial banks was lowered to 3.0% but the bi-weekly average CRR remains unchanged at 4%.

AML / KYC

Asian Countries Taking on Trade-based Money Laundering Challenge

By Nathan Lynch | 10/03/2025

Nathan Lynch looks into the perennial challenge of TBML and the tools that Asian countries are deploying in response.

Crypto / Digital Assets

Vietnam to Pilot State-run Platform for Trading Digital Assets

By Thisanka Siripala | 06/03/2025

Vietnam’s Ministry of Finance rejected an earlier proposal that would have allowed private firms to participate via a sandbox mechanism.

AML / KYC

APG is Facing “Significant Resource Challenges”

By Thisanka Siripala | 06/03/2025

The APG says in its new strategic plan that there aren’t enough experienced and effective assessors to participate in mutual evaluations.

Fintech / Regtech

Using AI in Regulatory Reporting and Change Management: Webinar Recap

By Manesh Samtani | 06/03/2025

Panellists from Nasdaq, Standard Chartered Bank and Regional Australia Bank discussed APAC’s transition to granular data reporting.

Fintech / Regtech

Australia Announces Next Steps to Enhance CDR Regime

By Sanday Chongo Kabange | 04/03/2025

The Consumer Data Right regime will be expanded to non‑bank lending from mid‑2026 to promote greater competition and innovation in the market.

Capital / Liquidity

Bangladesh Proposes New Bank Resolution Ordinance

By Nithya Subramanian | 03/03/2025

The central bank would be able to create bridge banks to manage the sale or liquidation of distressed financial institutions.