AML / KYC

Philippines Doubles EDD Threshold for Cash Withdrawals to PHP 1 Million

04/03/2026

The move aims to ease the burden on legitimate business transactions while allowing FIs to focus AML resources on higher-risk activities.

Fintech / Regtech

Philippines to Reopen Online Lending Market, Slashes Rate Cap

04/03/2026

The SEC will end a three-year ban on new online lenders from 1 April, aiming to boost competition and enhance credit data infrastructure.

Securities / Derivatives

SFC Chairman Urges Focus on Listing 'Quality' Over 'Quantity'

04/03/2026

Kelvin Wong says long-term market health depends on quality listings and products, not just turnover and fundraising size.

AML / KYC

AUSTRAC Chief Details New AML Rules for Legal Profession

04/03/2026

Brendan Thomas outlines mandatory enrolment, CDD, and reporting obligations as AUSTRAC moves to close a 'significant hole' in the country's AML defences.

Securities / Derivatives

Hong Kong Confirms Tax Overhaul Plan for Funds and Family Offices

04/03/2026

The plan expands eligible assets to include digital assets and private credit, while introducing new economic substance requirements for funds seeking exemptions.

Securities / Derivatives

Philippines SEC Sets Out Regulatory Framework for Sukuk Issuance

04/03/2026

The new framework details requirements for Shari'ah governance, issuer registration, disclosure, and continuing obligations to develop the country's Islamic capital market.

Capital / Liquidity

APRA Clarifies Liquid Asset Rules for Banks After RBA Policy Change

04/03/2026

APRA has acted to ensure debt securities remain eligible liquid assets for banks following a procedural update by the RBA.

Fintech / Regtech

WeChat Pay Becomes First Wallet on New 'Payment Connect' System

04/03/2026

The Tencent-owned wallet has partnered with HSBC to offer real-time, fee-free remittances, connecting Hong Kong's FPS with the mainland's IBPS.

Hong Kong MPFA to Explore Gold ETF Investment for MPF

04/03/2026

The move aligns with a government push to develop the city as a gold trading hub, the MPFA chairwoman told legislators.