Fintech / Regtech

    Enforcement

    BNM Fines Three Lenders for Regulatory Breaches

    By Nithya Subramanian | 31/07/2025

    The fines were imposed for breaches involving deficient AML controls, delayed sanctions screening, and banking service outages.

    Fintech / Regtech

    BSP Mandates New Digital Reporting Mechanism for Liquidity, Deposits

    By Manesh Samtani | 31/07/2025

    Financial institutions face staggered deadlines to adopt the new PRIME system for submitting key reports in XML format as the regulator overhauls its data collection.

    AML / KYC

    India to Roll Out Biometric Authentication for UPI Transactions - Reports

    By Editors | 30/07/2025

    The NPCI is introducing fingerprint and face ID verification to curb fraud, with the RBI mandating transaction caps for the new feature.

    Crypto / Digital Assets

    Bank of Korea Forms New Crypto Unit to Oversee Stablecoins

    By Editors | 30/07/2025

    BOK is creating a dedicated team to monitor the market and shape policy as commercial banks prepare to launch won-pegged stablecoins.

    Fintech / Regtech

    Bursa Malaysia to Issue New Cybersecurity Rules by October

    By Nithya Subramanian | 30/07/2025

    Bursa Malaysia will issue cybersecurity guidelines by October as part of its response to unauthorised trading incidents that occurred in April.

    Fintech / Regtech

    Bangladesh to Restart Digital Bank Licensing in August

    By Editors | 30/07/2025

    The central bank will invite new applications, demanding significant investment capacity, following a review of a previously criticised licensing process.

    Capital / Liquidity

    Korea’s Financial Sector Steps Up Oversight of Business Loans

    By Nithya Subramanian | 30/07/2025

    Korean regulators and financial institutions have agreed to strict monitoring of small business loans and warned of further action if housing markets overheat again.

    Fintech / Regtech

    Philippines Drafts Tiered Capital Rules for Digital-Centric Banks

    By Sanday Chongo Kabange | 30/07/2025

    The BSP says the new framework links prudential requirements to digitalisation levels, with top-tier banks facing potential mandatory conversion to a digital bank licence.

    Crypto / Digital Assets

    Korean Card Companies Race to Secure Role in Stablecoin Future

    By Nithya Subramanian | 30/07/2025

    Card firms are forming a task force, filing trademarks and engaging with regulators to ensure their participation in the emerging digital currency ecosystem.

    Crypto / Digital Assets

    Hong Kong Sets Out Details for New Stablecoin Licensing Regime

    By Sanday Chongo Kabange | 30/07/2025

    The HKMA has finalised its new rules for stablecoin issuers, which will take effect from 1 August 2025, with the first licences expected in early 2026.

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