BSP, IFC to Develop Movable Asset Financing in Philippines

22/04/2025

The BSP and the IFC will collaborate to develop Philippines’ movable finance market and improve credit access for MSMEs.

ESG / Sustainability

ACCC Proposes Conditions for Sustainable Finance Collaboration

22/04/2025

ACCC is seeking public input on authorising ASFI and industry participants to collaborate on sustainable finance.

Crypto / Digital Assets

Thailand SEC Revises Advertising Rules for Crypto, Digital Tokens

22/04/2025

The revised advertising rules improve the size and format of warning text, which should cover both cryptocurrency and digital token products.

NZ Banking Reform Group Urges FMA to Use New CoFi Powers Against Banks

16/04/2025

The Banking Reform Coalition wants the FMA to force banks to pass lower interest rates to consumers sooner.

AML / KYC

Westpac NZ to Pilot New ‘Basic’ Bank Account Service

15/04/2025

A basic bank account was one of the 2023 recommendations of a 14-month competition study by the Commerce Commission.

Enforcement

ASIC Sues Wiluna Mining Over 2022 Disclosure Breaches

15/04/2025

Wiluna Mining announced in June 2022 that it had raised A$57.3mn when only A$50.3mn of funds were actually received.

Crypto / Digital Assets

Philippine SEC Launches New Regulatory Sandbox for Crypto

15/04/2025

The SEC is inviting firms to apply to participate in testing products and services in a new crypto regulatory sandbox.

AML / KYC

HKMA Directs SVF Licensees to Implement Anti-Scam Measures

15/04/2025

SVF licensees are directed to use the measures set out in a December 2024 circular initially intended for authorised institutions.

AML / KYC

HKMA Unveils New Measures to Bolster E-Banking Security

15/04/2025

Banks must empower customers to adopt bound devices instead of SMS OTPs and deactivate higher risk e-banking functions.