Cloud & Infrastructure

Korea Digitises Consular Power of Attorney for Financial Services

04/08/2026

The new system replaces international mail with a secure electronic process, initially involving seven major FIs to streamline banking for overseas nationals.

AI Risk & Governance

Koscom to Launch AI and English Data Services for Foreign Investors

04/08/2026

Koscom is launching new tools to reduce information asymmetry and support the government's capital market globalisation policy.

Anti-Money Laundering

Hitachi and 17 FIs Complete Crypto AML Pilot Project in Japan

04/08/2026

The pilot was completed under the FSA's fintech hub, aiming to create a collaborative model for monitoring crypto transactions.

Cryptocurrency

Hong Kong Opens Retail Access to XRP via Licensed Exchange OSL

04/08/2026

OSL Digital Securities has begun offering XRP trading to retail investors, expanding its regulated digital asset offerings.

Cryptocurrency

Korea Finalises 22% Crypto Tax for 2027 Despite Opposition

03/08/2026

The government has confirmed the long-delayed tax will proceed, despite parliamentary opposition and concerns over its impact on declining trading volumes.

Payments & Settlements

Cambodia, Philippines in Talks to Link QR Payment Systems

03/08/2026

The collaboration aims to streamline cross-border retail payments and promote the use of local currencies for trade and tourism between the two nations.

Fraud, Scams & Cybercrime

Thailand Caps Digital Transfers for Youth Accounts to Fight Fraud

03/08/2026

The BOT is imposing new daily limits on bank and e-money accounts for under-18s to curb their increasing use as mule accounts for financial crime.

Trading & Investment

Korean FSS Clarifies Rules for Stock Repatriation Scheme

03/08/2026

The FSS has clarified key tax rules for its Reshoring Investment Account scheme amid signs the programme's momentum is slowing.

Liquidity Risk

Philippine Central Bank Sets Deadline for Foreign Borrowing Plans

03/08/2026

The BSP has reminded resident entities to submit their foreign borrowing plans for late 2026 and all of 2027 by 30 September.