Liquidity Risk

BSP Ends Covid Relief Measure on Reserve Requirements

02/07/2023

Banks can no longer count loans granted to MSMEs and large enterprises towards their compliance with reserve requirements.

Fraud, Scams & Cybercrime

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.

Cryptocurrency

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.

Trading & Investment

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.

Cloud & Infrastructure

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.

Anti-Money Laundering

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.

Supervision & 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.

KYC & CDD

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.

Cloud & Infrastructure

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.