Nithya Subramanian
Nithya Subramanian, a deputy editor at Regulation Asia, has wide experience covering the financial sector in India and Singapore. She has written extensively about wealth management, capital markets and insurance sectors tracking policy and corporate developments. Researching and writing about the South Asian diaspora settled in Singapore and the region is another area of interest. She has a post-graduate degree in English literature. Reach out to her at nithya@regulationasia.com
Articles by Nithya Subramanian
Fintech / Regtech
New 'Digital Lutera" Malware Bypasses UPI Security in India - Reports
13/03/2026
A cybersecurity firm has detailed a new attack method, Digital Lutera, that circumvents SIM-binding, enabling large-scale fraud on India’s digital payments network.
OJK Indonesia Issues Rules for Representative Offices of Foreign FIs
13/03/2026
OJK is allowing foreign financial institutions to open representative offices in Indonesia to promote cross-border financing while banning direct lending activities.
Securities / Derivatives
Bursa Malaysia to Review IT Standards After Cyber Incidents at Brokers
13/03/2026
Bursa Malaysia has directed brokers to conduct system reviews and is enhancing security standards following disruptions traced to a platform vendor.
Enforcement
Singapore Court Jails Chinese National over $6.9m Crypto Theft
13/03/2026
Chinese national Zhang Xinghua jailed two years for role in multi-million-dollar SafeX cryptocurrency theft involving insider access and laundering attempts.
ESG / Sustainability
Singapore Outlines Initiatives to Boost Sustainable Finance Ecosystem
13/03/2026
Minister Indranee Rajah outlines a multi-pronged strategy, including workforce training, a progressive carbon tax, and major financing initiatives to tackle climate risks.
Fintech / Regtech
BNM Sets New Technology Risk Rules for Payment Firms
13/03/2026
BNM has introduced stricter technology, cybersecurity, and operational resilience rules for payment providers amid rapid digital payments growth.
Securities / Derivatives
SEBI Eases Certification Rules for Research Services Sales Staff
13/03/2026
SEBI has relaxed certification requirements for sales and other non-core staff linked to research services, introducing a new NISM exam tailored to client-facing roles.
Fintech / Regtech
FSS Korea to Inspect Toss Bank After Won-Yen Price Glitch
13/03/2026
The regulator has launched an on-site probe after a system error briefly let customers buy yen at half the market rate, causing potential losses of about KRW 10 billion.
Enforcement
Malaysia Cabinet Refers MACC Chief to Chief Secretary for Probe
13/03/2026
The Chief Secretary to the Government will determine follow-up action, which will involve a review by the Public Service Department's disciplinary board.
Securities / Derivatives
Malaysia SC and Companies Commission Sign Pact to Boost MSME Funding
12/03/2026
The Securities Commission and Companies Commission will share corporate data to expand MSME access to capital markets and strengthen oversight.
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