Trending

Fintech / Regtech

MAS Rolling Out Four Pronged Responsible AI Adoption Strategy

By Nithya Subramanian | 17/07/2025

Chia Der Jiun unveiled a four-pronged strategy to promote responsible AI adoption in financial services, and said MAS has completed its Quantum Key Distribution sandbox trial

AML / KYC

PBOC Proposes to Update Reporting Rules for Suspicious Transactions

By Manesh Samtani | 17/07/2025

The PBOC has launched a consultation to align rules with a new AML law, introducing non-site inspections and extending record-keeping requirements.

Market Infrastructure

HKEX Consults on T+1 Settlement Cycle for Cash Equities Market

By Sanday Chongo Kabange | 17/07/2025

HKEX has initiated a market-wide consultation on shortening its settlement cycle, highlighting significant operational challenges for global firms.

AML / KYC

MAS Mandates 2FA for All Online Financial Accounts, Tightens Exemptions

By Manesh Samtani | 17/07/2025

MAS updates guidance to make two-factor authentication mandatory for all customers, shifting from a client-based to an access-based exemption model.

Securities / Derivatives

Japan Cautiously Considering Move to T+1 Equities Settlement

By Manesh Samtani | 16/07/2025

FSA study group urges a cautious approach while monitoring regional peers, highlighting risks of settlement fails and time zone challenges for foreign investors.

Securities / Derivatives

Shanghai Exchange Launches ‘Growth Tier’ for Unprofitable Tech Firms

By Editors | 16/07/2025

New STAR Market tier for pre-profit tech companies goes live with 32 firms, featuring distinct delisting rules and enhanced investor risk warnings.

ESG / Sustainability

China Extends Green Finance Project Catalogue to Cover Loans

By Editors | 16/07/2025

The updated green finance catalogue unifies project standards for loans and bonds, expanding its scope to cover new industries.

Market Infrastructure

Australia Proposes Sweeping Reforms to Card Payments and Surcharges

By Sanday Chongo Kabange | 15/07/2025

The RBA has unveiled plans to ban most card surcharges and slash domestic and cross-border interchange fees in a major industry shake-up.

Enforcement

Singapore Penalises Law Firms Over Role in Money Laundering Case

By Editors | 15/07/2025

MinLaw has fined two firms and referred one lawyer for disciplinary action as part of a wider crackdown on professional enablers.