Fintech / Regtech

South Korea Launches Enhanced “MyData 2.0” Service

19/06/2025

“My Data 2.0” incorporates seven improvements announced in April 2024 including enhanced consumer protections.

Enforcement

ACCC Fines NAB Over CDR Data Quality Issues

19/06/2025

The ACCC said NAB’s payment of the penalties is the highest amount paid for alleged contraventions of the CDR rules to date.

Crypto / Digital Assets

DTIF Urges Malaysia SC to Adopt DTI Standard for Tokenised Products

18/06/2025

The DTI Foundation said the use of the ISO 24165 DTI standard in disclosures will enhance investor protection and market integrity.

Market Infrastructure

New Zealand FMA Gives NZX Top Marks in Latest Review

18/06/2025

Only two recommendations were made, one around testing participant resilience and the other around assessing system recovery arrangements.

APRA Proposes Updates to Naming Exemptions Under Banking Act

18/06/2025

APRA is proposing to remake two instruments under the Banking Act instruments and allow one to subset in October.

AML / KYC

Thailand Announces Five-Year Tax Exemption for Crypto Trading

18/06/2025

Thailand waives capital gains and VAT on crypto transactions for five years to “stimulate the digital asset economy”.

Philippines: New Rural Bank Emerges from Four-Entity Merger

18/06/2025

The BSP said Agribank has started operations, representing the combined entity following a merger of four agricultural rural banks.

Enforcement

SFC Suspends Licensed Rep Over Undisclosed Personal Dealings

18/06/2025

The Rifa Securities representative failed to disclose personal securities trading via another brokerage firm for three years.

Crypto / Digital Assets

HKMA Consults on New Return Templates for Reporting Cryptoassets

17/06/2025

HKMA said the revised return templates will help guide system developments of banks as they prepare to implement the BCBS standard.