International

AML / KYC

Indonesia FIU Flags AML Weaknesses 'Performance Effectiveness Index'

By Editors | 17/12/2025

The pilot index reveals gaps in operational performance and inter-agency synergy, framing preparations for the 2029 FATF evaluation.

Securities / Derivatives

FSB Flags Risks as Non-bank Sector Swells to USD 257 Trillion

By Manesh Samtani | 17/12/2025

FSB highlights severe data gaps in private credit and growing bank-NBFI links as the sector's growth outpaces banking.

AML / KYC

Myanmar Sets Up Supervisory Committee to Tackle Online Fraud

By Nithya Subramanian | 16/12/2025

Authorities reveal over 70,000 foreigners have been repatriated and call for swifter international cooperation to tackle border-based fraud networks.

Fintech / Regtech

Swift, HSBC and Ant Pilot Tokenised Deposits for Cross-border Payments

By Editors | 15/12/2025

The proof of concept used the ISO 20022 standard over Swift's network to address interoperability and compliance challenges for digital assets.

Securities / Derivatives

FIA Seeks Refinements to Hong Kong Investor ID Plan for Derivatives

By Sanday Chongo Kabange | 15/12/2025

The FIA has backed the plan in principle but is calling for significant operational adjustments to reduce complexity and align with market practices.

Enforcement

AML Status Quo 'Broken', Requires 'Unthinkable' Change, Says Author

By Manesh Samtani | 15/12/2025

Author Jeffrey Robinson argues that decades of AML policy have failed and calls for jailing 'gatekeeper' professionals.

Market Infrastructure

Rules vs Principles: New Research Quantifies Impact on Economic Stability

By Manesh Samtani | 15/12/2025

A new quantitative study shows rules-based regulation dampens volatility, but implementation quality matters more than the label for mature hubs.

Securities / Derivatives

BCBS, IOSCO Publishes Assessment of Global UMR Implementation

By Manesh Samtani | 15/12/2025

The assessment finds no material issues with the rules, highlights success in increasing collateralisation, and provides insights into current market practices.

Capital / Liquidity

BIS Paper Urges Coordinated Solvency Tests for Emergency Liquidity

By Editors | 15/12/2025

A new brief highlights divergent approaches in Asia and calls for consistency between liquidity support and resolution frameworks.