AML / KYC

Hong Kong Reports HKD 5 Billion in Scam Losses So Far in 2025

13/10/2025

The Security Bureau has revealed that mainland students are a key target, as HKPF partners with tech firms and universities on new prevention measures.

Fintech / Regtech

RBNZ Completes ISO 20022 Upgrade of RTGS System

13/10/2025

The four-year RBNZ project, delivered with European paytech Nexi, brings the country’s high-value settlement system into compliance with global messaging standards.

Capital / Liquidity

New BOT Governor to Prioritise AMC Plan for Resolving Household Debt

13/10/2025

The central bank's new governor plans a state-backed asset management company to tackle small-ticket NPLs, funded by a bank levy.

Securities / Derivatives

Philippines SEC Considers Term Limits for PSE Broker Directors

13/10/2025

The proposal aims to level the playing field with non-broker and independent directors and increase opportunities for board participation.

Enforcement

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.

AML / KYC

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.

Securities / Derivatives

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.

Fintech / Regtech

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.

Fintech / Regtech

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.