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Market Infrastructure
UK Proposes to Ban Ransomware Payments by Public Sector Bodies
By Manesh Samtani | 25/07/2025
The proposed ban in the UK comes nearly two months after mandatory reporting of ransomware payments came into effect in Australia.

Enforcement
IFTI Business: The Story Behind PayPal's Epic Enforceable Undertaking
By Nathan Lynch | 25/07/2025
The completion of PayPal’s Enforceable Undertaking with AUSTRAC brings to a close one of the most extraordinary chapters in AML/CTF supervision.

Fintech / Regtech
India Unveils New Rules for GIFT City TechFin and Ancillary Services
By Nithya Subramanian | 25/07/2025
New regulations require registration, compliance officers, and 'fit and proper' standards for firms offering technology and support services to financial institutions.

Fintech / Regtech
Hong Kong Developing New Rules to Support Elderly Banking Consumers
By Sanday Chongo Kabange | 25/07/2025
Regulators will issue elderly-friendly banking guidelines to improve the banking experience for seniors, and require banks to offer a "default no-online banking" option to customers.

Fintech / Regtech
PayPal Partners With India UPI and China Tenpay on Cross-border Payments
By Nithya Subramanian | 25/07/2025
New platform aims to simplify cross-border payments for nearly two billion users. NPCI's Ritesh Shukla said the initiative will significantly expand UPI’s global footprint.

Fintech / Regtech
China to Roll Out New SME Credit Assessment, Data Flow Models
By Editors | 25/07/2025
Multi-agency notice details a nationwide SME credit platform and new mechanisms for cross-border data transfer in key pilot zones.

Fintech / Regtech
Korea’s FSS to Impose "Severe Penalties" on Payment Firms Linked to Fraud
By Nithya Subramanian | 24/07/2025
Criminal investigations are underway after the FSS uncovered illegal activities at several payment gateway firms, including laundering of phishing funds and fraudulent loans.

Securities / Derivatives
KRX to Monitor Social Media and Online Forums
By Nithya Subramanian | 24/07/2025
New market surveillance rules taking effect this month will curb unfair trading based on undisclosed information.

Securities / Derivatives
Industry Majors Release Draft Framework for Public Blockchain Risk
By Manesh Samtani | 24/07/2025
A coalition including DTCC, Euroclear and major banks has launched a framework to help regulated firms manage non-financial risks on public blockchains.

Securities / Derivatives
Indonesia’s OJK Issues Rules on Internal Controls for Securities Firms
By Nithya Subramanian | 24/07/2025
The rules outline stricter requirements for underwriters, brokers, and regional securities firms, focusing on due diligence and IT governance.
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