Crypto / Digital Assets

Korean Authorities Probes Crypto Lender Delio Over Fraud Allegations

03/07/2023

Regulators are investigating Delio on suspicions that it engaged in fraudulent activities, embezzlement and breach of trust.

Fintech / Regtech

RBI Launches New Centralised Information Management System

03/07/2023

The new system uplifts the RBI’s ability to handle large data flows, aggregate data, perform analysis, disseminate information to the public, and engage with reporting entities.

Capital / Liquidity

BSP Ends Covid Relief Measure on Reserve Requirements

02/07/2023

Banks can no longer count loans granted to MSMEs and large enterprises towards their compliance with reserve requirements.

AML / KYC

Australia Launches New National Anti-Scam Centre 

02/07/2023

A ‘fusion cell’ is being set up within the NASC, led by the ACCC and ASIC, to target the effective disruption of investment scams.

Crypto / Digital Assets

RBNZ to Develop Monitoring Capabilities for Crypto Markets

02/07/2023

The RBNZ is not planning to introduce a regulatory framework for cryptoassets until global best practice becomes clearer.

Market Infrastructure

Thailand Launches Fully Digitalised Platform for Corporate Bond Issuance

02/07/2023

The DIF Web Portal is an end-to-end system covering the process of issuance, filing, subscription, payment and delivery for corporate bonds.

Fintech / Regtech

MAS Launches New SME Support Project with Rwanda Central Bank

30/06/2023

The project aims to solve data unavailability challenges that prevent SMEs from accessing financing from banks.

AML / KYC

NZ Court Fines Tiger Brokers for AML Failures

30/06/2023

Tiger Brokers ordered to pay NZD 900,000 penalty for multiple AML/CFT breaches between April 2019 and January 2020.

Enforcement

ASIC Directs Super Funds to Consolidate Duplicate Member Accounts

29/06/2023

ASIC warned it will take enforcement action against trustees who do not comply with their obligations to identify and merge duplicate member accounts.