LATEST NEWS

Enforcement

Philippines: Many Online Scammers Used to Work at POGOs

By Nithya Subramanian | 01/07/2025

Authorities say many online scammers who’ve been arrested used to work for POGOs, which were banned in the Philippines last year.

Crypto / Digital Assets

BOK Pauses Retail CBDC Pilot as Banks Push Into Stablecoins

By Manesh Samtani | 01/07/2025

BOK will halt its 100,000-user pilot, citing high costs and a government-backed push for private sector stablecoins.

Capital / Liquidity

EU FRTB Delay Raises Fresh Fears of APAC Disruption

By Blake Evans-Pritchard | 01/07/2025

Australia, Thailand, Malaysia and the Philippines may have to rethink their implementation roadmap.

Securities / Derivatives

HKEX Extends Onshore IRS Tenor to 30 Years via Swap Connect

By Editors | 01/07/2025

The change extends the maximum contract length from 10 years to 30 years, which will help to better meet the risk management needs of long-term investors.

Market Infrastructure

Korea Lifts 14-Year-Old ‘Kimchi Bond’ Investment Curbs

By Manesh Samtani | 01/07/2025

BOK aims to improve foreign exchange liquidity and ease downward pressure on the won by removing the 14-year-old restriction.

Market Infrastructure

Banks Want RBI’s Offshore Derivatives Reporting Plans Eased

By Nithya Subramanian | 01/07/2025

Global lenders are raising concerns over client confidentiality and cross-border regulatory conflicts in reporting offshore interest-rate derivative trades.

Securities / Derivatives

RBA Seeks Feedback on Clearing House Resolution Plan

By Manesh Samtani | 01/07/2025

The RBA has outlined its approach to using new powers to manage a failing clearing house, though emphasising that this would be a last resort.

AML / KYC

RBI Tightens Rules for Aadhaar Payment Operators to Curb Fraud

By Editors | 01/07/2025

New rules mandate stricter due diligence and ongoing risk monitoring for AePS touchpoint operators to protect customers from fraud.

Vietnam Approves Dual-Hub International Financial Centre Plan

By Editors | 01/07/2025

The plan establishes hubs in Ho Chi Minh City and Da Nang with special policies on tax, forex, and law to attract investment.