AML / KYC

Australia Launches New National Anti-Scam Centre 

02/07/2023

A ‘fusion cell’ is being set up within the NASC, led by the ACCC and ASIC, to target the effective disruption of investment scams.

Crypto / Digital Assets

RBNZ to Develop Monitoring Capabilities for Crypto Markets

02/07/2023

The RBNZ is not planning to introduce a regulatory framework for cryptoassets until global best practice becomes clearer.

Market Infrastructure

Thailand Launches Fully Digitalised Platform for Corporate Bond Issuance

02/07/2023

The DIF Web Portal is an end-to-end system covering the process of issuance, filing, subscription, payment and delivery for corporate bonds.

Fintech / Regtech

MAS Launches New SME Support Project with Rwanda Central Bank

30/06/2023

The project aims to solve data unavailability challenges that prevent SMEs from accessing financing from banks.

AML / KYC

NZ Court Fines Tiger Brokers for AML Failures

30/06/2023

Tiger Brokers ordered to pay NZD 900,000 penalty for multiple AML/CFT breaches between April 2019 and January 2020.

Enforcement

ASIC Directs Super Funds to Consolidate Duplicate Member Accounts

29/06/2023

ASIC warned it will take enforcement action against trustees who do not comply with their obligations to identify and merge duplicate member accounts.

AML / KYC

Australia Commits to Taking Action to Address Debanking

29/06/2023

Treasury will work with APRA and the four major banks to design and scope a voluntary data collection on de-banking.

Fintech / Regtech

Malaysia SC Launches New Initiative to Boost Islamic Fintech

28/06/2023

The ‘FIKRA ACE’ initiative consists of an accelerator programmme, a networking platform, and a platform for collaborations.

Market Infrastructure

ASX CHESS Replacement Project Under Continued Scrutiny

28/06/2023

ASIC chair Joe Longo said ASX had an “engagement problem” and that officials were working to boost oversight of the CHESS replacement project.