Payments & Settlements

China Pilots Unified QR Code Gateway to Streamline Foreign Payments

18/09/2025

The PBOC-led initiative aims to standardise access for overseas e-wallets, with nearly 2 million transactions processed in its initial phase.

Structural Regulation

BSP Proposes Stiffer Penalties in Reporting Governance Overhaul

18/09/2025

The BSP has drafted new rules linking penalties to asset size and shortening submission deadlines for regulatory reports.

Stablecoins

Kazakhstan Firm Launches World's First Offshore CNY Stablecoin

18/09/2025

AnchorX, a licensed stablecoin issuer in Kazakhstan, has debuted its “AxCNH” stablecoin, aiming to streamline payments for 'Belt and Road' nations.

Structural Regulation

APRA Finalises Updates to Bank Naming Rules

18/09/2025

APRA has confirmed rules on the use of ‘credit co-operative’ and ‘offshore banking unit’ but will delay a decision on expanding exemptions for foreign wholesale fundraising.

Anti-Money Laundering

China Issues New AML Rules for Notary Institutions

18/09/2025

New rules from the Ministry of Justice and PBOC bring notaries under the scope of China's recently revised AML law.

Credit Risk

HK Property Firms Propose HK$20 Billion Fund to Avert Crisis

18/09/2025

The CRECCHKI has warned that a 'vicious cycle' of bad loans and forced sales threatens systemic financial risk, proposing a fund to buy distressed CRE assets.

Supervision & Enforcement

HKMA Signs Pact with MAS To Boost Banking Supervision

18/09/2025

The agreement between the HKMA and MAS aims to strengthen information sharing and mutual assistance for the supervision of cross-border banking operations in both jurisdictions.

Fraud, Scams & Cybercrime

Singapore Introduces New Measures Against Scam Mules

18/09/2025

The new framework to be implemented starting next month aims to curb soaring scam losses by restricting financial and mobile access for individuals facilitating fraud.

PEPs & Sanctions

China Drafts New Rules to Tighten Dual-Use Export Licensing

17/09/2025

The proposed measures from the MOFCOM would introduce stricter 'one licence, one declaration' rules and clarify penalties for violations.