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Fintech / Regtech
HKMA Links Commercial Data Interchange to Land Registry
By Sanday Chongo Kabange | 22/05/2025
The linkage allows banks to search land and ownership information for property valuation, mortgage and loan assessments.

ESG / Sustainability
Gprnt Launches Nationwide Utility for Sustainability Reporting
By Nithya Subramanian | 22/05/2025
SMEs can automatically convert utilities data into key sustainability indicators such as Scope 1 and 2 emissions, at no additional cost.

Fintech / Regtech
BSP Delays Rollout of FX Reporting System to Mid 2026
By Nithya Subramanian | 22/05/2025
Full implementation of the new ITRS has been deferred to allow time to “address emerging technical and report-related concerns”

Fintech / Regtech
Korean Insurance Agencies Suffer Data Breach, FSS Finds
By Nithya Subramanian | 22/05/2025
Two GAs experienced major data leaks. The breach was detected when hackers attempted to sell stolen information on the dark web.

Crypto / Digital Assets
Hong Kong Legislative Council Passes Stablecoin Ordinance
By Sanday Chongo Kabange | 21/05/2025
The ordinance, set to take effect later this year, will require issuers of fiat-referenced stablecoins to be licensed by HKMA to be offered in Hong Kong.

Big Picture
FS-ISAC Outlines Cyber Threats Facing FIs in 2025
By Manesh Samtani | 20/05/2025
New report highlights growing cyber threats facing the financial sector, driven by emerging technologies, scam networks, and geopolitical instability.

AML / KYC
GCFFC Establishes Innovation & Technology Experts Working Group
By Manesh Samtani | 20/05/2025
The Working Group will explore how data used to create a Digital ID could support FIs in fighting financial crime

Fintech / Regtech
HKMA Partners with Transport Bureau to Boost Trade Finance
By Sanday Chongo Kabange | 20/05/2025
Banks will gain access to real-time cargo status data, enabling them to assess clients’ operational performance more effectively.

Fintech / Regtech
ISDA Publishes Paper on Use of GenAI for CSA Digitisation
By Nithya Subramanian | 20/05/2025
GenAI can accurately extract and digitise legal clauses from credit support annexes, which can help to improve efficiency and reduce costs for the industry.

Fintech / Regtech
BOK Seeks to Build AI Benchmark for Tailored LLM Evaluation
By Editors | 19/05/2025
BOK seeks contractor to build AI benchmark for LLMs, aiming to improve performance in economics and finance.
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