Enforcement

AUSTRAC Freezes Assets Linked to Cryptocurrency Theft

27/05/2025

AUSTRAC has frozen property and funds tied to alleged cryptocurrency theft following a tip-off from the Luxembourg FIU.

AML / KYC

New Zealand Issues AML/CFT Guidance for Online Marketplaces

27/05/2025

The guidance outlines the new AML/CFT requirements that will apply to online marketplaces that directly handle payments or act as intermediaries.

AML / KYC

HKMA Issues Two Consultations on Rules for Stablecoin Issuers

27/05/2025

The first consultation proposes regulatory standards for stablecoin issuers seeking authorisation. The second proposes AML/CFT requirements.

Market Infrastructure

Hong Kong Opens Applications Under New Re-domiciliation Regime

26/05/2025

AXA has become the first company to announced plans to use the new regime to re-domicile from Bermuda to Hong Kong.

APRA Announces Benchmarks for Latest Super Fund Performance Test

23/05/2025

A new FAQ provides the benchmark representative administration fees and expenses for the 12 months to March 2025.

Fintech / Regtech

HKMA Links Commercial Data Interchange to Land Registry

22/05/2025

The linkage allows banks to search land and ownership information for property valuation, mortgage and loan assessments.

AML / KYC

BSP Issues Draft Reporting Rules for Trust Entities

22/05/2025

Trust entities will have to report additional details on their fiduciary and investment management activities, including data on client risk profiles.

AML / KYC

HK Police Busts Cross-Border Money Laundering Syndicate

22/05/2025

HKPF arrested 10 suspects linked to a money laundering operation involving stooge accounts in Hong Kong and Mainland China.

Capital / Liquidity

RBNZ Issues Depositor Compensation Scheme Transitional Standard

22/05/2025

The new standard sets out the mechanism deposit takers should use to gather alternate bank details that could be used for DCS payments.