Trending

AML / KYC

Hong Kong SFC Mandates Stricter AML Controls to Combat 'Layering'

By Sanday Chongo Kabange | 18/11/2025

The SFC expects firms to implement bank account registration, withdrawal holding periods, and enhanced monitoring to counter a new money laundering trend.

AML / KYC

Taiwan Cabinet Approves Draft Law to Mandate FI, VASP Anti-Fraud Cooperation

By Mark Johnston | 18/11/2025

Amendments establish four mechanisms, including cross-industry data sharing and tech platforms, to combat financial crime.

Crypto / Digital Assets

Japan to Reclassify 105 Cryptoassets as Financial Products

By Sanday Chongo Kabange | 17/11/2025

The move would bring tokens like Bitcoin under the Financial Instruments and Exchange Act, introducing new disclosure rules and a potential tax cut.

AML / KYC

Experts Question Practical Utility of New FATF Terror Finance Report

By Manesh Samtani | 17/11/2025

A new comprehensive FATF report on terrorist financing is a useful overview but lacks prioritisation and effectiveness analysis, experts say.

AML / KYC

Crypto Exchange Gemini Eyes Further Expansion in APAC Markets

By Manesh Samtani | 17/11/2025

Gemini is prioritising markets with clearer regulatory paths while localising products and navigating Asia's fragmented rulebooks, its APAC head says.

Crypto / Digital Assets

MAS to Launch SGD Testnet for Live Tokenised Settlement Trials

By Nithya Subramanian | 14/11/2025

MAS will launch a Singapore Dollar Testnet for tokenised settlements and expand cross-border projects under Project Guardian and BLOOM to advance interoperable digital finance.

Crypto / Digital Assets

MAS to Trial Tokenised Bills, Expand AI Initiatives

By Nithya Subramanian | 14/11/2025

MAS announced trials for tokenised MAS Bills settled in wholesale CBDC, finalised rules for stablecoins, and new AI governance initiatives.

Crypto / Digital Assets

Hong Kong Launches Live Pilot for Tokenised Deposits, Digital Assets

By Sanday Chongo Kabange | 14/11/2025

HKMA's new EnsembleTX project will test real-value settlement with major banks and asset managers, outlining a path to central bank money.

Fintech / Regtech

MAS Consults on New AI Risk Management Guidelines for FIs

By Nithya Subramanian | 14/11/2025

MAS proposes that FIs must maintain full AI inventories, conduct risk-materiality assessments and implement robust data, testing and monitoring controls across the AI life cycle.