Anti-Money Laundering

Taiwan FSC Details Widespread AML and Security Flaws at VASPs, Banks

01/09/2025

The FSC has published examination findings for H1 2025, revealing significant deficiencies in customer due diligence and cybersecurity.

Trade Based Money Laundering

India's Enforcement Directorate Obtains First Interpol 'Purple Notice'

01/09/2025

The notice details a sophisticated TBML method using shell firms and forged documents to alert 196 member countries.

Cryptocurrency

BSP Extends Moratorium on New Crypto Licences Indefinitely

01/09/2025

The central bank cites consumer protection and financial stability risks, continuing a freeze that was set to expire this year.

Emerging Prudential Risks

Australia's Super Fund Performance Test Sees Few New Failures

01/09/2025

APRA's annual test finds only seven products failed, all on platforms, prompting industry criticism and calls for reform.

Stablecoins

Thailand Pivots from Public CBDC to Private Stablecoins

01/09/2025

The central bank has no plans for a public digital baht, shifting focus to wholesale applications and a sandbox for privately-issued stablecoins.

Conduct, Culture & Accountability

Korea: New FSS Chief Puts Banks on Notice Over Consumer Protection

01/09/2025

FSS Governor Lee Chan-jin has warned of strict penalties for misselling scandals and urged a shift away from "easy interest business".

Anti-Money Laundering

Sri Lanka Mandates Beneficial Ownership Disclosures, Bans Bearer Shares

01/09/2025

New Companies Act amendments aim to align with global AML standards and enhance corporate transparency ahead of a key FATF evaluation.

Tokenisation

Thailand Selects KuCoin for Launch of Tokenised Government Bond

31/08/2025

The THB 5 billion initiative aims to democratise access to sovereign debt for retail investors, with KuCoin joining a government-approved consortium.

Clearing & Post-Trade

RBA Board Criticises ASX 'Limited' Progress on Risk Management

30/08/2025

The Payments System Board flagged fundamental concerns with ASX's operational resilience and welcomed government plans for a stablecoin regime.