Cryptocurrency

Australia: Block Earner Wins ASIC Case Over Crypto Product Licensing

23/04/2025

The Full Court overturned the Federal Court’s previous decision that Block Earner’s crypto product was a financial product requiring licencing.

Anti-Money Laundering

SFC Imposes Six Month Ban on Former Executive of CSC Futures

23/04/2025

The SFC said the former senior manager failed to discharge his duties as a responsible officer, resulting in AML/CFT failures by CSC Futures.

Credit Risk

BSP, IFC to Develop Movable Asset Financing in Philippines

22/04/2025

The BSP and the IFC will collaborate to develop Philippines’ movable finance market and improve credit access for MSMEs.

Sustainable Finance

ACCC Proposes Conditions for Sustainable Finance Collaboration

22/04/2025

ACCC is seeking public input on authorising ASFI and industry participants to collaborate on sustainable finance.

Cryptocurrency

Thailand SEC Revises Advertising Rules for Crypto, Digital Tokens

22/04/2025

The revised advertising rules improve the size and format of warning text, which should cover both cryptocurrency and digital token products.

Conduct, Culture & Accountability

NZ Banking Reform Group Urges FMA to Use New CoFi Powers Against Banks

16/04/2025

The Banking Reform Coalition wants the FMA to force banks to pass lower interest rates to consumers sooner.

KYC & CDD

Westpac NZ to Pilot New ‘Basic’ Bank Account Service

15/04/2025

A basic bank account was one of the 2023 recommendations of a 14-month competition study by the Commerce Commission.

Conduct, Culture & Accountability

ASIC Sues Wiluna Mining Over 2022 Disclosure Breaches

15/04/2025

Wiluna Mining announced in June 2022 that it had raised A$57.3mn when only A$50.3mn of funds were actually received.

Cryptocurrency

Philippine SEC Launches New Regulatory Sandbox for Crypto

15/04/2025

The SEC is inviting firms to apply to participate in testing products and services in a new crypto regulatory sandbox.