Fraud, Scams & Cybercrime

Hong Kong MPFA Imposes Record 13-Year Ban on MPF Intermediary

13/10/2025

The sanction, the most severe of its kind, follows findings by the MPFA that the former AIA-attached agent forged client signatures and misused personal data.

KYC & CDD

HK Police Bust Syndicate Using AI to Trick Banks' Remote KYC Checks

13/10/2025

The HKPF says the syndicate used AI-altered identity documents to successfully open accounts remotely, prompting calls for banks to integrate with government digital ID systems.

Trading & Investment

Taiwan Drafts Rules to Allow Discretionary Mandates into Private Equity

13/10/2025

The FSC aims to grant asset managers more flexibility by opening discretionary accounts to private equity and certain offshore funds, subject to strict conditions.

Cloud & Infrastructure

Taiwan FSC Proposes to Tighten Outsourcing Rules for Insurers

13/10/2025

New draft regulations require prior regulatory approval from the FSC for material offshore IT outsourcing and establish data residency principles for cloud services.

Credit Risk

Hong Kong to "Regularise" Mainland Credit Data Sharing Scheme

13/10/2025

The move aims to help banks assess the creditworthiness of mainland individuals and firms, while new guidance is being drafted for using alternative data.

Structural Regulation

Philippine Bourse to Ease Disclosure Rules to Revive IPO Market

13/10/2025

The PSE plans to relax compliance requirements for smaller firms to address a tepid year for new listings and encourage flotations from SMEs.

Operational Risk

ASIC Warns of 'Significant' Gaps in Offshore Outsourcing Controls

13/10/2025

A review by ASIC has found serious weaknesses in how financial advice licensees and fund managers oversee offshore providers, exposing consumers to harm.

Emerging Prudential Risks

RBNZ Formalises Competition Test for Prudential Policymaking

13/10/2025

The RBNZ has issued guidelines to ensure competition is weighed against financial stability goals, following a critical review of the banking sector.

Emerging Prudential Risks

RBNZ Seeks External Experts for New Financial Policy Committee

13/10/2025

The RBNZ has begun recruiting up to two external members for its new policy-making body, seeking independent experts to challenge and guide financial stability decisions.