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AML / KYC
AUSTRAC Fines Revolut Payments for Late IFTI Reporting
By Sanday Chongo Kabange | 03/09/2025
AUSTRAC said Revolut Payments self-disclosed the reporting failures and subsequently implemented remedial controls.

Fintech / Regtech
Korea to Pilot CBDC for KRW 110 Trillion Subsidy Programme
By Editors | 03/09/2025
BOK will partner with select commercial banks willing to invest in the CBDC project and related technology and infrastructure.

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.
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