Fintech / Regtech

Enforcement

Kakao Pay Facing Hefty Fine for Unauthorised Data Transfers

By Thisanka Siripala | 13/04/2025

Between April 2018 and May 2023, Kakao Pay transferred data to China’s Alipay belonging to approximately 40.45 million individuals

Securities / Derivatives

China: Stock Exchanges Finalise Rules on Programmatic Trading

By Manesh Samtani | 11/04/2025

The new rules will come into effect on 7 July, imposing reporting and risk control requirements on market participants and securities firms.

Big Picture

Regulatory Fragmentation Hindering Growth of Tokenised Finance – Report

By Thisanka Siripala | 10/04/2025

Regulatory fragmentation, cross-platform settlement and token contract standardisation are the key challenges to to widespread adoption of tokenised financial assets.

Fintech / Regtech

Evolving Indian Regulations: Future-Proofing the Banking Regulatory Ecosystem

By Manesh Samtani | 10/04/2025

Insights from a Nasdaq-led discussion, moderated by Regulation Asia, discussing regulatory change, the reporting ecosystem, data management practices, and related technology.

Big Picture

HKIMR Publishes Findings on GenAI Adoption Among Hong Kong FIs

By Sanday Chongo Kabange | 10/04/2025

75 percent of surveyed FIs have rolled out or implemented at least one GenAI use case or are currently piloting and designing use cases.

AML / KYC

ASIC Registry Upgrade Project to Include “Director ID Linking”

By Thisanka Siripala | 10/04/2025

As part of its RegistryConnect programme, ASIC is working on linking the director ID register with the Companies Register.

Fintech / Regtech

Cambodia Joins ASEAN Regional Payment Connectivity Initiative

By Nithya Subramanian | 10/04/2025

Malaysia and Cambodia also launched the second phase of cross-border QR payment linkage, expanding connectivity between the two countries.

Enforcement

Multinational Firm Scammed by Deepfake Tech in Singapore

By Nithya Subramanian | 09/04/2025

Singapore and Hong Kong police teamed up to recover over USD 499,000 lost to a scam involving deepfake video technology and digital manipulation.

Fintech / Regtech

China, Georgia Sign MoU on Central Bank Cooperation

By Editors | 09/04/2025

PBOC and the National Bank of Georgia will cooperate on monetary policy, fintech, payment systems, and securities market development.