AML / KYC

Korea to Legislate FI Responsibility in Financial Crime Crackdown

04/08/2025

FSC to introduce an AI detection platform and new powers for crypto exchanges as it holds firms liable for fraud prevention and relief.

BSP to Ease Bancassurance Cross-selling Regulations

04/08/2025

New guidelines will end the exclusive in-house model, allowing banks to partner with multiple third-party insurers to increase market access.

AML / KYC

India’s ED Summons Anil Ambani, Probes Yes Bank Loan Process

04/08/2025

Enforcement Directorate investigates alleged INR 30 billion loan fraud, focusing on procedural violations, a suspected quid pro quo, and related financial irregularities

ESG / Sustainability

Japan's TOCOM to Launch Chubu Power Futures in 2026

02/08/2025

TOCOM plans to launch monthly and fiscal year contracts for Japan's third-largest power market, citing price volatility and user demand.

Market Infrastructure

China Eyes Capital Market Reforms and Targeted Stimulus

02/08/2025

Politburo holds off on major stimulus but pledges to boost capital market attractiveness and roll out targeted consumption support.

Securities / Derivatives

Japan Mulls Tighter Rules on Bond Futures Trading to Curb 'Spoofing'

02/08/2025

Industry bodies are discussing new guidelines after Nomura was fined for the manipulative practice of placing fake market orders.

ESG / Sustainability

Malaysia Flags Pension System Overhaul, Digital Finance Push in New Plan

02/08/2025

The 13th Malaysia Plan earmarks MYR 430 billion in public development funds, proposes a monthly pension option, and outlines a new venture capital roadmap.

AML / KYC

Sri Lanka to Launch National Digital ID by April 2026

01/08/2025

The India-funded project will use the open-source MOSIP platform, with officials stressing adherence to international standards and robust data security protocols.

ESG / Sustainability

Taiwan Extends IFRS-Aligned Sustainability Rules to Banks, FHCs

01/08/2025

Following a similar move for brokers, Taiwan's regulator has proposed phased-in sustainability reporting for banks and financial holding companies from 2026.