FINTECH / REGTECH

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.

Enforcement

Philippines Launches Complaint Centre for Victims of Abusive Online Lenders

By Nithya Subramanian | 18/06/2025

The SEC also revoked the licences for 401 lending and financing companies, part of a wider crackdown on illegal and predatory lending practices.

Crypto / Digital Assets

South Korean Lawmakers Propose Stricter Stablecoin Rules

By Manesh Samtani | 18/06/2025

New “Digital Asset Innovation Act” proposes higher capital requirements for stablecoin issuers and the establishment of a new committee under the FSC.

Fintech / Regtech

RBI Issues New Framework for Electronic Trading Platforms

By Nithya Subramanian | 18/06/2025

Entities seeking RBI authorisation to operate ETPs must be incorporated in India and have a minimum net worth of INR 50 million.

Fintech / Regtech

China Tightens Rules on Futures Algo Trading Including HFT

By Manesh Samtani | 18/06/2025

New regulations aim to enhance oversight, manage risks, and ensure fair trading practices in China’s futures market.

Fintech / Regtech

Thailand to Invest in AI-Powered Anti-Scam Data System

By Nithya Subramanian | 18/06/2025

The upgraded system will be operational in 2026. Meanwhile, recent measures to strengthen scam prevention have reduced losses, said Prasert Jantararuangtong.

Crypto / Digital Assets

BNM Launches Digital Asset Innovation Hub to Boost Fintech

By Nithya Subramanian | 18/06/2025

Simultaneously, the CFIL, a collaborative platform to develop new financial solutions for climate-related projects is “open for business”.

Fintech / Regtech

RBI Simplifies KYC Rules for Low-Risk Customers

By Nithya Subramanian | 16/06/2025

Banks can use Business Correspondents to assist with collecting customer self-declarations regarding unchanged KYC details or address updates.

Big Picture

BIS Survey Finds Supervisory Use of Gen AI Still at Early Stage

By Thisanka Siripala | 16/06/2025

Outdated IT systems, data security concerns, and limited technical expertise are slowing adoption of GenAI at supervisory bodies.