LATEST NEWS

FSC Taiwan Approves Stanchart to Join Kaohsiung Pilot Zone

By Nithya Subramanian | 03/07/2025

As part of the one-year pilot, the bank can offer wealth management services within the Kaohsiung Asset Management Pilot Zone.

Fintech / Regtech

ACCC Allows AusPayNet To Engage on Ending Australia’s Cheque System

By Sanday Chongo Kabange | 03/07/2025

ACCC’s final authorisation granted to AusPayNet to engage on winding down of Australia’s cheque system is until 31 December 2030. […]

Hong Kong Rejects Calls to Allow MPF Use for Home Purchases

By Sanday Chongo Kabange | 03/07/2025

The government has dismissed proposals for housing loans and dedicated accounts, citing risks to retirement savings and the need for higher contributions.

Securities / Derivatives

SEBI Allows Use of NPCI’s e-KYC Setu for Aadhaar Verification

By Nithya Subramanian | 03/07/2025

Registered intermediaries can use NPCI’s e-KYC Setu System as an additional method for Aadhaar-based digital KYC.

Capital / Liquidity

Bangladesh Bank to Conduct Reviews of 11 Additional Banks

By Mark Johnston | 03/07/2025

The initiative follows similar reviews of six other banks with irregularities, which resulted in Bangladesh Bank initiating a multi-bank merger process.

Enforcement

Singapore’s Anti-Scam Law Empowering Police Takes Effect

By Nithya Subramanian | 03/07/2025

The new law allows police to issue ROs limiting access to banking and credit facilities for individuals believed to be at imminent risk of transferring money to scammers.

AML / KYC

TBML Fundamentals: A Primer for Risk and Compliance Professionals

By Nathan Lynch | 03/07/2025

Trade is central to the movement of vast sums of illicit wealth through the financial system, yet it remains a challenging area for AML practitioners.

Enforcement

BUSSQ Publishes Independent Expert Report on Remediation Efforts

By Sanday Chongo Kabange | 02/07/2025

APRA confirmed that BUSSQ has issued the report, which details the super fund’s efforts to address governance and risk management deficiencies.

Market Infrastructure

SEBI Plans New IT Capacity Framework for Commodity Exchanges

By Nithya Subramanian | 02/07/2025

The revision of IT infrastructure rules for commodity exchanges and clearing corporations will align standards with equity markets.