Anti-Money Laundering

Worldclear Leaks Expose AML Lapses at New Zealand Payments Firm

13/05/2026

A leak shows the New Zealand financial services provider processed millions for high-risk clients, highlighting regulatory gaps and AML control failures.

Tokenisation

Korea Taps DB Securities for Busan Carbon Asset STO Platform

13/05/2026

The project will test the tokenisation of carbon reduction revenue rights for fractional investment under a government-backed initiative in Busan.

Anti-Money Laundering

Philippines BSP Mandates Tighter Controls on Digital Payments

12/05/2026

The central bank has clarified that banks retain primary AML liability even when using third-party payment aggregators for merchant services.

Reporting & Disclosures

New Zealand Finalises Guidance on Sustainability-Related Claims

12/05/2026

The FMA has released its updated disclosure framework for sustainable financial products, emphasising clarity and the prevention of greenwashing.

Anti-Money Laundering

AUSTRAC Flags AI, Crypto Threats in Updated Risk Assessments

12/05/2026

AUSTRAC has released updated risk assessments, highlighting the growing role of AI and crypto in illicit finance and detailing major AML reforms.

Fraud, Scams & Cybercrime

Indonesia, Australia Deepen Ties to Combat 'Systemic' Scam Risk

12/05/2026

OJK reveals over 530,000 fraud cases, outlining a new four-pillar strategy and enhancing cross-border cooperation to tackle the growing threat.

Credit Risk

Hong Kong Banks Abandon Patient Approach to Tackle Bad Debt - Report

12/05/2026

Lenders are reportedly expanding specialist teams and forcing liquidations to manage a HKD 200 billion pile of soured commercial property loans.

Structural Regulation

Korea Urged to Ease Card Regulations to Boost Competition

11/05/2026

Academics argue that Korea's strict leverage and business scope rules put domestic card firms at a disadvantage against big tech and hurt consumers.

Trading & Investment

Hong Kong Pushes Gold Hub Ambitions with Futures Relaunch

11/05/2026

Hong Kong is set for a fresh attempt at launching gold futures, backed by a government-led push to build a complete trading and physical settlement ecosystem.