Fintech / Regtech

Visa, ANZ and Fidelity Pilot Tokenised Cross-Border Settlement

09/03/2026

Consortium of financial institutions tests atomic settlement for tokenised funds using e-HKD under the HKMA programme.

AML / KYC

Australia NASC Reports on Success of 'Romance Scam Fusion Cell'

09/03/2026

Report details new frameworks trialled by banks and digital currency exchanges to identify and block funds destined for romance scammers.

Korea Finalises Rules for New Listed Venture Capital Funds

09/03/2026

The new “Business Development Company” framework, effective from 17 March, aims to channel public funds into startups while including specific investor protection measures.

ESG / Sustainability

Philippines SEC Moves to Impose Term Limits on PSE Directors

09/03/2026

The regulator has approved a draft circular for public comment, citing corporate governance, while industry groups warn of negative consequences.

Fintech / Regtech

BSP Directs Banks to Shift to Biometrics, Phases Out SMS OTPs

09/03/2026

New draft rules require banks to adopt server-side biometrics for high-risk transactions to combat fraud, linking compliance to liability.

Securities / Derivatives

Australian Accounting Bodies Call for Stronger Safeguards Against Risky Funds

09/03/2026

Joint submission argues that ASIC needs stronger powers to block risky managed investment schemes before they launch, citing recent failures.

Securities / Derivatives

ASIC Revises Benchmark and Disclosure Rules for Hedge Funds

09/03/2026

The updated guide builds on a framework that was established over ten years ago in response to the collapse of Trio Capital, which had invested in overseas hedge funds.

AML / KYC

Hong Kong Insurance Authority Fines Three Brokers for AML Breaches

09/03/2026

The action follows an investigation that found deficiencies in customer due diligence and record-keeping, amid heightened regulatory scrutiny of the sector.

Enforcement

NZ Court Fines CBA-Owned ASB Bank for Overcharging Customers

09/03/2026

The court found that prolonged system and process failures led to thousands of customers being overcharged for banking and insurance products.