Crypto / Digital Assets

SFC Imposes Stricter Custody Rules for Crypto Platforms

15/08/2025

The SFC has mandated new custody standards for licensed virtual asset trading platforms, citing global security failures and inadequacies found in local reviews.

Capital / Liquidity

HK Banks Can Manage Commercial Property Risks, HKMA Chief Affirms

15/08/2025

Eddie Yue highlighted banks' strong capital and profitability as buffers against rising loan defaults driven by the stressed CRE sector.

Fintech / Regtech

BSP Orders Removal of Gambling Links from Banking Apps

15/08/2025

The BSP has given financial institutions 48 hours to remove access to gambling sites from their mobile apps.

Fintech / Regtech

New Zealand FMA Set to Issue Guidance on AI, Tokenisation

15/08/2025

The FMA is developing principles for AI use and a discussion paper on tokenisation to foster responsible innovation.

Crypto / Digital Assets

HKMA, SFC Issue Warning Against Speculation Amid Stablecoin Hype

15/08/2025

The HKMA and SFC have cautioned investors against irrational decisions based on speculation over stablecoin licensing, stressing a high bar for approval.

Enforcement

ASIC Sues Mercer Super Over Alleged Reporting Failures

15/08/2025

ASIC alleges Mercer Super failed to report investigations into serious member service issues, including for deceased members.

Fintech / Regtech

RBI Committee Proposes AI Governance Framework for Financial Sector

15/08/2025

High-level committee calls for mandatory board policies, AI audits, and public disclosures to govern the use of artificial intelligence.

Capital / Liquidity

Korea Overhauls Small Business Debt Fund as Applications Surge

14/08/2025

The FSC is relaxing eligibility rules and boosting support for the “New Start Fund” after on-site consultations with business owners.

Enforcement

NZ Govt Intervenes to Prevent FMA Litigation Funding Shortfall

14/08/2025

The move will enable the FMA to retain costs awarded to it by the courts. The regulator warned in June that its litigation funding was at risk of being fully depleted.