Anti-Money Laundering

New Report Details Crypto's Role in Chinese Underground Banking

13/08/2025

A new report details how Chinese underground networks use cryptocurrency to launder funds for North Korean hackers, cartels, and Triads.

Fraud, Scams & Cybercrime

Indonesia Pushes for Takedown Powers to Combat Illegal Lending

13/08/2025

The illegal lending market dwarfs the regulated sector, prompting calls for new rules to grant the communications ministry direct authority to block illicit platforms.

Reporting & Disclosures

Indonesia Mandates IFRS-Aligned Sustainability Reporting for 2027

13/08/2025

New rules adopt global ISSB standards, aiming to boost transparency on climate risk and access to green finance for listed companies and FIs.

KYC & CDD

Taiwan Mandates New Biometric and Video Rules for Remote Insurance Sales

13/08/2025

The FSC detailed stricter identity verification checks, video recording standards, and sets a maximum error-rate for biometric technology used in onboarding.

Structural Regulation

Taiwan Finalises New Rules for Offshore Securities Unit Client Funds

13/08/2025

The amendments allow Offshore Securities Units to use qualified foreign custodians for client funds to boost international competitiveness.

Anti-Money Laundering

Singapore Appoints Deloitte to Liquidate Assets in SG$3b Money Laundering Case

13/08/2025

The move follows the imposition of millions in penalties on financial institutions and a raft of new AML legislation.

CBDCs

Pakistan Taps Japan's Soramitsu for Digital Currency Pilot

13/08/2025

The central bank aims to boost financial inclusion and modernise payments with a pilot programme for a central bank digital currency.

Payments & Settlements

Indian Banks Propose Raising GST Threshold to Drive Digital Payments

12/08/2025

Lenders are advising policymakers to raise the GST registration threshold to prevent merchants from reverting to cash.

Alternative Markets

SEBI Proposes Lighter-Touch AIFs for Accredited Investors

12/08/2025

SEBI has issued proposals for a new fund category with fewer restrictions, signalling a long-term shift in how investor sophistication is measured.