FINTECH / REGTECH

Fintech / Regtech

Singapore Director Pleads Guilty to Multi-Million Dollar AI Trading Scam

By Nithya Subramanian | 02/09/2025

Ong Kai Min has pleaded guilty to cheating investors in a bogus AI trading scheme that raised nearly SGD 4 million, with funds diverted for personal and business use instead of trading as promised.

Fintech / Regtech

South Korea Releases Guidelines on Personal Data Use in AI

By Editors | 02/09/2025

New framework details legal basis, risk management, and governance for organisations developing or using GenAI systems.

Fintech / Regtech

Japan Post Bank to Launch Tokenised Deposits for 120M Accounts

By Editors | 02/09/2025

The financial giant will use the DCJPY network starting in fiscal 2026, enabling instant settlement for blockchain-based securities.

Fintech / Regtech

China Deepens SME Accounting Data Pilot to Boost Lending

By Editors | 02/09/2025

Regulators are tasking banks with using new standardised data to build credit models and innovate online loan products for small businesses.

Fintech / Regtech

RBA Flags Private Market Risks, Digital Currency Assessment in New Plan

By Editors | 02/09/2025

The RBA's corporate plan highlights financial stability risks from non-bank lending and outlines key work on a potential CBDC.

AML / KYC

Australia's AML/CTF Rules Seek Simplicity As FATF Deadline Looms

By Nathan Lynch | 02/09/2025

The Australian government has released the final version of the long-awaited AML/CTF Rules, ushering in the biggest change to the regime in two decades, writes Nathan Lynch.

Securities / Derivatives

Hong Kong Details Progress on Green Finance, ISSB Roadmap

By Manesh Samtani | 01/09/2025

Christopher Hui outlined Hong Kong's market leadership, a 2028 timeline for ISSB adoption, and plans for more tokenised government green bonds.

Securities / Derivatives

Taiwan FSC Details Widespread AML and Security Flaws at VASPs, Banks

By Editors | 01/09/2025

The FSC has published examination findings for H1 2025, revealing significant deficiencies in customer due diligence and cybersecurity.

Crypto / Digital Assets

BNM to Release Tokenisation Discussion Paper in 2025

By Nithya Subramanian | 01/09/2025

Malaysia’s MOF said BNM is working with industry experts and regulators to test tokenised deposits, ringgit-backed stablecoins and wholesale CBDCs.