MARKET INFRASTRUCTURE

Fintech / Regtech

Shanghai, Hong Kong Agree 38-Point Action Plan to Deepen Ties

By Editors | 19/06/2025

The action plan includes specific measures such as jointly developing financial products and connecting Hong Kong’s FPS with China’s IBPS.

Fintech / Regtech

“Perfect Storm” of Operational Risks Brewing: APRA

By Thisanka Siripala | 19/06/2025

APRA’s Chris Gower said geopolitics, cyber threats, and third-party reliance create operational resilience challenges for the financial sector.

Market Infrastructure

AIA, Aegon Secure Approval for Shanghai Insurance Asset Management Units

By Manesh Samtani | 19/06/2025

AIA and Aegon have gained approval to establish wholly foreign-owned insurance asset management subsidiaries in Shanghai. AIA Group and Aegon […]

Big Picture

Banking Sector Reports Fall in Operational Risk for 2024: ORX

By Editors | 18/06/2025

ORX report shows banking sector operational risk losses down in 2024, but external fraud and digitalisation trends warrant attention.

AML / KYC

FATF Publishes Updated R.16 Standard on Payment Transparency

By Manesh Samtani | 18/06/2025

The FATF said the will help combat fraud and illicit finance, balancing security with innovation and financial inclusion.

Crypto / Digital Assets

DTIF Urges Malaysia SC to Adopt DTI Standard in Tokenisation Framework

By Sanday Chongo Kabange | 18/06/2025

The DTI Foundation said the use of the ISO 24165 DTI standard in disclosures will enhance investor protection and market integrity.

Market Infrastructure

New Zealand FMA Makes Recommendations for NZX After Review

By Sanday Chongo Kabange | 18/06/2025

Only two recommendations were made, one around testing participant resilience and the other around assessing system recovery arrangements.

Market Infrastructure

Taiwan Relaxes Rules for Banks E Asset Management Zones

By Mark Johnston | 18/06/2025

Taiwan’s FSC is easing its branch licensing rules to incentivise FIs to establish operations in designated asset management zones.

Big Picture

WFE Issues Guidance on Transitioning to T+1 Settlement Cycles

By Nithya Subramanian | 17/06/2025

The guidance identifies lessons learned and key considerations for a successful transition to a T+1 settlement cycle.