Fintech / Regtech

Fintech / Regtech

Bank Indonesia Steps Up Oversight After Alleged BI-FAST Fraud

By Nithya Subramanian | 10/12/2025

Bank Indonesia is working with OJK to ensure recovery measures and security enhancements in affected institutions, while urging public to continue using BI-FAST.

AML / KYC

S. Korea to Unify Remittance Limits, Launch Real-Time FX Monitoring

By Mark Johnston | 10/12/2025

The Ministry of Economy and Finance will abolish the designated bank system in 2026, levelling the playing field for non-bank operators under a new oversight framework.

Market Infrastructure

APRA Proposes Easing Operational Risk Rules for Key Service Providers

By Sanday Chongo Kabange | 10/12/2025

The consultation seeks to exempt firms from some contractual requirements in CPS 230 for non-negotiable, market-mandated provider arrangements.

Fintech / Regtech

Japan Exchange Group Launches AI-Powered Disclosure Search Service

By Sanday Chongo Kabange | 10/12/2025

The new tool, developed by JPXI, aims to improve the analysis of corporate disclosures for investors and listed companies using generative AI.

Crypto / Digital Assets

Malaysian Royal Launches First Ringgit-backed Stablecoin

By Nithya Subramanian | 10/12/2025

RMJDT, issued by Bullish Aim on the Zetrix national blockchain, aims to boost cross-border ringgit use and attract foreign investment, marking a major step in Malaysia’s digital asset and Web3 strategy.

Fintech / Regtech

India’s Gujarat Police Crackdown on Cyber Fraud Networks

By Nithya Subramanian | 10/12/2025

Gujarat has rolled out Operation Mule Hunt, a state-level push to track scams from account operators to masterminds.

Securities / Derivatives

China to Expand ABS and REIT Markets into Strategic Sectors

By Manesh Samtani | 10/12/2025

Regulators plan to expand asset securitisation into new sectors like data assets and green energy, while strengthening oversight and risk management.

Sanctions

FinCEN Fines Paxful $3.5m for "Egregious" and "Wilful" AML Failures

By Manesh Samtani | 10/12/2025

The peer-to-peer crypto platform had "egregious" AML failures, enabling transactions linked to North Korea, ransomware, and terrorist financing.

Enforcement

CBA Pays Record Penalty for Breaching Consumer Data Right Rules

By Sanday Chongo Kabange | 10/12/2025

The penalty comes after CBA failed to enable data sharing for some business accounts, forcing customers to use less secure workarounds.