AML / KYC

Taiwan Indicts 62 in Laundering Probe Linked to Prince Group

05/03/2026

Prosecutors allege the Cambodia-based conglomerate used shell companies and underground remittances to launder funds and disrupt Taiwan's financial order.

ESG / Sustainability

Philippines Finance Group, State Bank Launch ESG Guide

05/03/2026

The guide provides practical advice on integrating ESG principles, with state-owned LANDBANK to distribute it to farmers and cooperatives.

AML / KYC

Korea Revamps AML Evaluation to Reward Proactive Risk Management

05/03/2026

The updated framework will introduce qualitative assessments and risk-based penalties to encourage voluntary improvements by financial institutions.

Enforcement

Hong Kong AFRC Fines Mazars, Grant Thornton for Audit Archiving Failures

05/03/2026

The firms were sanctioned for widespread and systemic breaches of the 60-day audit file archive requirement and related quality control deficiencies.

AML / KYC

AUSTRAC Warns of 'Integrated' APAC Crime System, Calls for Regulatory Rethink

05/03/2026

AUSTRAC says old rules are misaligned with new, industrial-scale, cross-border criminal ecosystems operating at unprecedented speed.

Fintech / Regtech

Philippine Rural Banks Warn New Rules Could Stifle Inclusion

05/03/2026

An industry group is urging the BSP to rethink proposed prudential rules, arguing that steep capital requirements and geographic limits could harm digitalisation.

Market Infrastructure

Hong Kong, Macao Regulators Sign Revised Cooperation Pact

05/03/2026

The agreement between the HKMA and AMCM expands collaboration beyond banking supervision to include financial infrastructure linkage and information exchange within the GBA.

Capital / Liquidity

Philippines Central Bank Reviews Lifting Maturity Cap for Salary Loans

05/03/2026

The move aims to ease borrower debt burdens and provide repayment flexibility amid slowing national credit growth and calls from public sector employees.

Fintech / Regtech

Philippines to Reopen Online Lending Market, Slashes Rate Cap

04/03/2026

The SEC will end a three-year ban on new online lenders from 1 April, aiming to boost competition and enhance credit data infrastructure.