Fintech / Regtech

Enforcement

BNM Fines Three Lenders for Regulatory Breaches

By Nithya Subramanian | 31/07/2025

The fines were imposed for breaches involving deficient AML controls, delayed sanctions screening, and banking service outages.

Fintech / Regtech

BSP Mandates New Digital Reporting Mechanism for Liquidity, Deposits

By Manesh Samtani | 31/07/2025

Financial institutions face staggered deadlines to adopt the new PRIME system for submitting key reports in XML format as the regulator overhauls its data collection.

AML / KYC

India to Roll Out Biometric Authentication for UPI Transactions - Reports

By Editors | 30/07/2025

The NPCI is introducing fingerprint and face ID verification to curb fraud, with the RBI mandating transaction caps for the new feature.

Crypto / Digital Assets

Bank of Korea Forms New Crypto Unit to Oversee Stablecoins

By Editors | 30/07/2025

BOK is creating a dedicated team to monitor the market and shape policy as commercial banks prepare to launch won-pegged stablecoins.

Fintech / Regtech

Bursa Malaysia to Issue New Cybersecurity Rules by October

By Nithya Subramanian | 30/07/2025

Bursa Malaysia will issue cybersecurity guidelines by October as part of its response to unauthorised trading incidents that occurred in April.

Fintech / Regtech

Bangladesh to Restart Digital Bank Licensing in August

By Editors | 30/07/2025

The central bank will invite new applications, demanding significant investment capacity, following a review of a previously criticised licensing process.

Capital / Liquidity

Korea’s Financial Sector Steps Up Oversight of Business Loans

By Nithya Subramanian | 30/07/2025

Korean regulators and financial institutions have agreed to strict monitoring of small business loans and warned of further action if housing markets overheat again.

Fintech / Regtech

Philippines Drafts Tiered Capital Rules for Digital-Centric Banks

By Sanday Chongo Kabange | 30/07/2025

The BSP says the new framework links prudential requirements to digitalisation levels, with top-tier banks facing potential mandatory conversion to a digital bank licence.

Crypto / Digital Assets

Korean Card Companies Race to Secure Role in Stablecoin Future

By Nithya Subramanian | 30/07/2025

Card firms are forming a task force, filing trademarks and engaging with regulators to ensure their participation in the emerging digital currency ecosystem.