AML / KYC

GLEIF and Finternet Lab Partner on Digital Identity Infrastructure

23/05/2025

GLEIF and Finternet Lab are collaborating to advance trusted, interoperable digital identity and transaction systems.

Securities / Derivatives

Korea Securities Depository Launches Repo Market Information Platform

22/05/2025

KSD launches “RP Inside” to monitor KOFR’s underlying repo market, aiming to boost transparency and inform investment decisions.

Crypto / Digital Assets

ASIC Seeks High Court Ruling on Crypto ‘Financial Products’

22/05/2025

ASIC challenges Block Earner ruling, seeking High Court clarity on the regulatory scope of crypto “financial products.”

Securities / Derivatives

SHFE Considers Opening Nickel Contract to Foreign Participants

21/05/2025

The move aims to boost liquidity and international participation in China’s nickel market, while offering an alternative to the LME contract.

AML / KYC

China Steps Up Scrutiny of Global Investment Income

21/05/2025

Chinese tax authorities are intensifying efforts to collect taxes on global investment income, focusing on residents with offshore accounts and undeclared earnings.

Market Infrastructure

Bangladesh Shifts to Market-based Exchange Rate

20/05/2025

Bangladesh has adopted a more flexible, market-driven exchange rate to bolster its FX reserves and meet conditions set by the IMF.

Enforcement

China NFRA Standardises Administrative Inspections of FIs

20/05/2025

The NFRA will establish a dedicated online platform to disclose information about administrative inspections to enhance transparency and public oversight.

Market Infrastructure

China State Council Sets Out Legislative Priorities for 2025

20/05/2025

China’s 2025 legislative plan includes a strong focus on financial stability alongside key revisions to banking and trade laws.

Fintech / Regtech

BOK Seeks to Build AI Benchmark for Tailored LLM Evaluation

19/05/2025

BOK seeks contractor to build AI benchmark for LLMs, aiming to improve performance in economics and finance.