FINTECH / REGTECH

AML / KYC

Banks Need Both Tech and Talent to Combat TBML: Experts

By Manesh Samtani | 09/06/2025

While banks are innovating to tackle TBML, the complexity of trade means they must continue to rely on human experience […]

Enforcement

Hong Kong ICAC Charges Former Bank RM Over Fake Credit Letters

By Editors | 09/06/2025

The former bank relationship manager allegedly accepted $470,000 worth of Tether as a bribe to authenticate fake standby L/Cs and collateral letters.

Crypto / Digital Assets

Taiwan Crypto Exchange BitoPro Suffers $11.5m Hack

By Editors | 08/06/2025

The FSC’s Securities and Futures Bureau said Bito Group, the operator of BitoPro, must absorb the financial loss and cannot pass it on to users.

Crypto / Digital Assets

Hong Kong Official Outlines Vision for Virtual Asset Development

By Manesh Samtani | 06/06/2025

Christopher Hui outlines Hong Kong’s vision for virtual asset development, emphasising security, innovation, and a multi-pronged strategy for growth.

Fintech / Regtech

Philippine SEC Launches AI-Powered Chatbox for Public Queries

By Nithya Subramanian | 06/06/2025

SEC AInnovation is a multilingual platform that provides real-time answers to public queries on SEC rules and processes.

AML / KYC

Hong Kong Passes Bill to Facilitate Financial Crime Info-Sharing

By Sanday Chongo Kabange | 06/06/2025

The new law will enable banks to share personal account information for the purposes of detecting and preventing financial crime.

Fintech / Regtech

Korea Designates Koscom as MyData Brokerage Specialist Institution

By Thisanka Siripala | 06/06/2025

Koscom’s new status also allows it to support data transfer in fields beyond finance, such as telecommunications, healthcare, energy, welfare, and education..

AML / KYC

BIS Innovation Hub Finds Promise and Limits in AI Project Hertha

By Manesh Samtani | 05/06/2025

Project Hertha used a simulated synthetic transaction dataset and showed that payment system analytics can help spot new financial crime patterns.

Big Picture

Singapore Eyes Increased Financial Connectivity and Competitiveness

By Nithya Subramanian | 05/06/2025

Minister Chee Hong Tat discusses Singapore’s push to stay competitive by strengthening trust, deepening regional links, and streamlining financial regulations.