BIG PICTURE

Big Picture

Report Urges Swift Action to Cement Hong Kong’s Status as Web3 Hub

By Manesh Samtani | 23/06/2025

New report by Web3 Harbour and PwC outlines several key enablers for Hong Kong to become a global financial centre for Web3 and digital assets.

Big Picture

FSB Flags Vulnerabilities in Non-Bank Commercial Real Estate Investors

By Manesh Samtani | 20/06/2025

FSB identifies liquidity mismatches, leverage, and valuation opacity as key vulnerabilities in non-bank commercial real estate investors.

Big Picture

Reforms Urged to Boost Hong Kong as Alternative Investments Hub

By Manesh Samtani | 19/06/2025

FSDC report urges Hong Kong to adopt regulatory reforms to boost alternative investment funds and the startup ecosystem.

Big Picture

Banking Sector Reports Fall in Operational Risk for 2024: ORX

By Editors | 18/06/2025

ORX report shows banking sector operational risk losses down in 2024, but external fraud and digitalisation trends warrant attention.

AML / KYC

Singapore Bolsters Financial Crime Defences Ahead of FATF Review

By Manesh Samtani | 18/06/2025

Singapore is ramping up AML efforts amid rising fraud and scams, aiming for improved effectiveness ratings in the FATF assessment.

Big Picture

WFE Issues Guidance on Transitioning to T+1 Settlement Cycles

By Nithya Subramanian | 17/06/2025

The guidance identifies lessons learned and key considerations for a successful transition to a T+1 settlement cycle.

Big Picture

WFE Issues Guidance on Transitioning to T+1 Settlement Cycle

By Nithya Subramanian | 17/06/2025

The guidance identifies lessons learned and key considerations for a successful transition to a T+1 settlement cycle.

Big Picture

BIS Survey Finds Supervisory Use of GenAI Still at Early Stage

By Thisanka Siripala | 16/06/2025

Outdated IT systems, data security concerns, and limited technical expertise are slowing adoption of GenAI at supervisory bodies.

Big Picture

UK Regulators Told to Learn from Singapore’s Pro-Business Model

By Thisanka Siripala | 16/06/2025

A House of Lords committee said Singapore’s faster approvals and pro-business culture should guide UK reforms to enhance competitiveness and growth.