Market Infrastructure

Korea: KSD to Upgrade Data Systems for Non-Market Assets

23/06/2025

KSD will upgrade its Non-market Asset Investment Support Platform to adopt a new classification system covering 244 types of non-market assets.

Korea to Launch Govt-Backed Fund to Ease Real Estate Loan Strain

23/06/2025

A government-backed REIT will provide loans at below-market interest rates to help developers access cheaper financing and kickstart stalled developments.

AML / KYC

Australian Sanctions Office Issues Statement to Clarify its Role

23/06/2025

AUSTRAC’s remit moving forward will include ensuring regulated entities have policies in place to comply with targeted financial sanctions obligations.

ESG / Sustainability

Korea Lammaker Reintroduces Corporate Due Diligence Bill

23/06/2025

The legislation would impose binding obligations on large companies to identify and mitigate human rights and environmental harms in their global supply chains.

BOJ Study Examines Legal Consequences of AI Errors in Finance

20/06/2025

New BOJ report urges FIs to rethink contracts, customer protections, and governance before embedding AI into core operations.

Capital / Liquidity

South Korea to Establish ‘Bad Bank’ to Absorb Bad Loans

20/06/2025

The government fears widespread defaults when approximately KRW 50 trillion in pandemic-era loans for small businesses come due in September.

Fintech / Regtech

UBS, Pictet Suffer Data Leak Following Cyberattack on Vendor

20/06/2025

Both banks said client information was not affected by the cyberattack on Chain IQ, only employee-related data.

Capital / Liquidity

Korea Amends Rules to Support ABS Issuance by KODIT

19/06/2025

The Credit Guarantee Fund will be able to use its own accounts to purchase the unsold portion of its asset-backed securities.

AML / KYC

Singapore, Malaysia and Hong Kong Arrest 11 Suspects in Joint Scam Crackdown

19/06/2025

The authorities in Singapore, Malaysia and Hong Kong have arrested eleven individuals suspected of operating a transnational scam syndicate that […]