AML / KYC

HK & Mainland Police Arrest Three for Face Spoofing and Money Laundering

17/10/2025

The three members of a cross-border syndicate allegedly used pre-recorded videos to bypass facial recognition systems at digital banks.

ASX to Overhaul Governance Body After Principles Stalemate

17/10/2025

ASX says it will take direct responsibility for corporate governance principles, replacing a 19-member council with a smaller expert advisory group.

Securities / Derivatives

ISDA Urges Japan to Address Inefficiencies in Derivatives Market

17/10/2025

A new report from ISDA highlights that removing barriers like low automation and uneven liquidity is key to Japan's global asset management goals.

Enforcement

Hong Kong AFRC Fines PwC, Two Auditors Over Deficient Audits

16/10/2025

The AFRC says the sanctions relate to multiple, pervasive audit deficiencies in the 2010 and 2011 audits of Hong Kong-listed Dynasty Fine Wines Group Limited.

AML / KYC

AUSTRAC to Get Additional Powers to Combat Crypto ATM Crimes

16/10/2025

New legislation will empower AUSTRAC to restrict or prohibit high-risk products and give banks new tools to disrupt money mule accounts.

ESG / Sustainability

Finance Sector Risks Losing Public Trust Over AI Ethics, Report Warns

16/10/2025

A new report by the ACCA and the CISI urges action on skills and governance, highlighting risks from 'black box' algorithms, audit automation and undisclosed data sharing.

ESG / Sustainability

ASEAN Banks' Climate Pledges Undermined by Gaps in Fossil Fuel Policy

16/10/2025

A new report shows progress on governance and targets, but slow implementation of coal phase-out policies and weak restrictions on oil and gas financing.

Fintech / Regtech

Japan FSA Mandates Phishing-Resistant MFA for Online Brokers

16/10/2025

New rules require default phishing-resistant authentication for key operations and ban login links in emails to combat rising fraud.

Securities / Derivatives

HKEX Clearing Arm Invites Firms to Join 'Authorised Brokers' Panel

16/10/2025

HKSCC is selecting up to 10 firms for a three-year term to execute transactions on its behalf. Applicants must have at least HKD 100 million in liquid capital and China Connect capabilities.