OTHER ASIA PACIFIC

Capital / Liquidity

Vietnam Orders Inspections at Banks Engaged in Gold Trading

By Nithya Subramanian | 22/05/2025

SBV ordered to take measures to stabilise domestic gold market to prevent instability in exchange rates, interest rates, and the broader monetary and financial systems.

Enforcement

Vietnam Proposes New Penalties Regime for Crypto Market Violations

By Mark Johnston | 21/05/2025

A new draft decree proposes fines for violations in the cryptocurrency sector, including market manipulation and unlicensed operations.

Big Picture

FS-ISAC Outlines Cyber Threats Facing FIs in 2025

By Manesh Samtani | 20/05/2025

New report highlights growing cyber threats facing the financial sector, driven by emerging technologies, scam networks, and geopolitical instability.

Market Infrastructure

Bangladesh Shifts to Market-based Exchange Rate

By Editors | 20/05/2025

Bangladesh has adopted a more flexible, market-driven exchange rate to bolster its FX reserves and meet conditions set by the IMF.

AML / KYC

Unraveling the Web: How Complex Structures Can Undermine AML Compliance

By Nathan Lynch | 19/05/2025

Former APG executive secretary Gordon Hook highlights the need for vigilance and nuanced due diligence to combat illicit fund flows through complex corporate structures.

AML / KYC

APAC Regulators to Collaborate on Online Investment Scams

By Sanday Chongo Kabange | 16/05/2025

The SFC said it has forged regional consensus on regulatory collaboration to combat online scams at IOSCO’s annual meeting.

Market Infrastructure

DFM and TWSE to Boost Cross-Border Capital Market Cooperation

By Nithya Subramanian | 12/05/2025

DFM and TWSE will explore opportunities to list financial products on each other’s markets, including ETFs and related equity products.

Enforcement

Chinese Businessman Arrested in Vietnam Over $165m Fraud

By Editors | 12/05/2025

The businessman was apprehended in Vietnam and handed over to Chinese authorities after having fled China in 2023.

Korea Development Bank to Advance Vietnam Expansion

By Editors | 12/05/2025

After a six-year wait, KDB received a letter from SBV confirming that all the required document submissions have been completed.