Securities / Derivatives

IOSCO Publishes New Consultation Report on Artificial Intelligence

13/03/2025

The report identifies five key findings following engagement with IOSCO members and stakeholders and invites further feedback.

Securities / Derivatives

Geopolitics Seen as Biggest Driver of Derivatives Market Activity – FIA

13/03/2025

FIA President Walt Lukken said economics is taking a back seat to politics in terms of what will drive the derivatives markets.

AML / KYC

Korea Expands Crackdown on Financial & Cyber Crimes

13/03/2025

Special investigative teams, tougher penalties for deep fakes, and AI-driven fraud detection will be deployed to tackle cyber-enabled financial crime.

Big Picture

NIST Highlights Need for “Crypto Agility” in Face of Quantum Threats

13/03/2025

The report highlights slow algorithm transitions, risks of quantum computing, and the need for modular cryptographic systems.

Enforcement

Korea Identifies Stock Fraud Involving Convertible Bond Issuance

13/03/2025

South Korea’s financial watchdog exposes fraud ring behind fake capital raising and market rigging.

Capital / Liquidity

Korea to Remove Restrictions on Bank Investment in Kimchi Bonds

12/03/2025

South Korea will also raise the cap on financial institutions’ foreign exchange derivatives trading with domestic companies.

Crypto / Digital Assets

Japan’s Cabinet Approves Bill to Ease Crypto Regulations

11/03/2025

The bill establishes a new category for crypto intermediaries and enhances flexibility in stablecoin reserve management, among other things.

AML / KYC

KoFIU Says FIs are Not Meeting Obligations on AML Education

11/03/2025

KoFIU said many executives and board members of FIs are not meeting the recommended six-hour minimum AML training requirement.

Capital / Liquidity

Korea, Cambodia Sign Two New MoUs to Enhance Cooperation

11/03/2025

One of the MoUs is aimed at improving Cambodia’s policies on NPL management and deposit protection.