KYC & CDD

Korea to Automate Customer Information Updates Across Financial Firms

25/08/2026

A new system, set for 2027, will allow customers to update name and ID changes at all financial firms by visiting just one institution.

Payments & Settlements

Hong Kong Enables Cross-Border Annuity Payouts in Yuan

25/08/2026

HKMC Annuity has launched a service allowing retirees on the Chinese Mainland to receive monthly annuity payments directly in renminbi.

Clearing & Post-Trade

ESMA Proposes New Reporting Rules for Third-Country CCP Activity

25/08/2026

The new annual reporting framework under EMIR aims to increase supervisory visibility of EU firms’ exposures to foreign CCPs.

Supervision & Enforcement

Japan FSA to Create New Inspection Office After Scandals

25/08/2026

The move marks a shift in regulatory focus, strengthening oversight of financial institutions following a series of misconduct cases at regional credit cooperatives.

Cryptocurrency

Crypto Firm Gate Launches Japanese Stock Trading with USDT Settlement

25/08/2026

Gate will offer around 300 Tokyo-listed equities, allowing users to trade directly with USDT without a traditional brokerage account.

Conduct, Culture & Accountability

China Suspends Zhongtai Securities Branch in Rare Disciplinary Action

25/08/2026

The CSRC has barred the brokerage's Hunan operations from opening new accounts for three months, citing severe and widespread internal control failures across the region.

Credit Risk

Bangladesh Unveils Five-Year Plan to Overhaul Ailing Banking Sector

25/08/2026

The government has launched a multi-phase strategic framework to tackle record NPLs, weak governance, and restore confidence in the financial system.

Credit Risk

India’s ICMAI Issues Handbooks for Expected Credit Loss Rules

25/08/2026

The guidance is intended to help banks and finance professionals prepare for the ECL framework, which becomes effective from April 2027.

Fraud, Scams & Cybercrime

Cambodia Details Anti-Scam Crackdown Results, Vows Sustained Effort

25/08/2026

A year-long campaign has closed over 600 scam centres and charged more than 4,000 suspects, with officials insisting the crackdown is a long-term commitment.