Big Picture

Big Picture

Korea to Overhaul Corporate Crime Laws, Ease “Breach of Trust” Penalties

By Mark Johnston | 19/09/2025

The government plans to reform thousands of economic criminal penalties to spur investment and remove “regulatory spider webs” hindering business.

Fintech / Regtech

BNM Paper Proposes Hybrid Shariah Framework for Modern Money

By Manesh Samtani | 13/08/2025

The exploratory academic paper on the nature of money was widely misinterpreted by crypto-focused news outlets as a central bank endorsement of specific private digital assets.

Crypto / Digital Assets

Malaysia’s Tokenised Asset Market Could Hit $43bn by 2030: Report

By Nithya Subramanian | 10/08/2025

A new report projects strong growth in Malaysia’s tokenised asset market and calls for a national effort to build a robust digital asset ecosystem.

Capital / Liquidity

Regulators Favour Indirect Public Backstops for Bank Resolution: BIS Paper

By Sanday Chongo Kabange | 02/08/2025

A new BIS paper shows a move towards temporary public loans to resolution funds, which are then recouped from the financial industry to protect taxpayers.

Big Picture

ASEAN Needs Stronger Voice in Sustainability Reporting: ACCA

By Manesh Samtani | 30/07/2025

A new report calls for coordinated advocacy and ISSB alignment to manage risks, ease the reporting burden, and reflect the region's economic importance.

Fintech / Regtech

BCBS Paper Maps Out Path to Stronger Bank Supervision

By Nithya Subramanian | 29/07/2025

The paper identifies key drivers of supervisory effectiveness, including risk-based oversight, early intervention, and better use of technology to ensure banks address vulnerabilities promptly.

AML / KYC

Global AML Regime Delivers Intelligence Value but Fails on Core Goals, Study Finds

By Manesh Samtani | 25/07/2025

A new paper argues that the global AML system is failing to deter crime despite huge costs, with its main value being an intelligence tool.

ESG / Sustainability

NGFS Urges FIs to Embed Climate Adaptation into Transition Plans

By Sanday Chongo Kabange | 24/07/2025

The NGFS has provided a framework for financial institutions to manage physical climate risks, urging a shift from a mitigation-only focus.

Sanctions

UK OFSI Publishes Threat Assessment on Crypto Sector

By Nithya Subramanian | 24/07/2025

The report finds that crypto firms are likely under-reporting sanctions breaches and remain vulnerable to illicit flows from designated entities in Russia, North Korea and Iran.