AI Risk & Governance

Fraud, Scams & Cybercrime

Philippine Bankers Association Developing New Scam Blocking Protocol

By Sanday Chongo Kabange | 04/09/2025

The new protocol will incorporate AI and big data analytics to facilitate real-time alerts and fund blocking once scam-related activity is reported.

Stablecoins

South Korea's Kbank to Develop Stablecoin-based Payment Services

By Sanday Chongo Kabange | 04/09/2025

The internet-only bank aims to develop stablecoin-based cross-border payment and remittance services, eyeing expansion in Asia and the Middle East.

Data Privacy

South Korea Releases Guidelines on Personal Data Use in AI

By Editors | 02/09/2025

New framework details legal basis, risk management, and governance for organisations developing or using GenAI systems.

AI Risk & Governance

RBA Deploys AI Tool to Enhance Economic Surveillance, Wage Forecasting

By Manesh Samtani | 28/08/2025

The RBA has revealed that it is using a machine learning system to extract firm-level insights from liaison data for regulatory analysis.

Trading & Investment

ASIC Proposes Rule Revamp to Enhance Algo Trading Oversight

By Manesh Samtani | 28/08/2025

ASIC proposes defining ‘trading algorithms’, mandatory testing, real-time monitoring and harmonised rules for securities and futures markets.

Anti-Money Laundering

Wolfsberg Group Publishes Three-Pillar Framework for Effective Monitoring

By Manesh Samtani | 28/08/2025

Wolfsberg is calling on financial institutions to move from legacy transaction screening to AI-enabled models with tailored governance.

Data Privacy

Hong Kong to Create Mainland Data Flow Mechanism in AI Push

By Sanday Chongo Kabange | 26/08/2025

Financial Secretary Paul Chan has announced plans for secure cross-border data transfer as HKIC launches new AI talent initiatives.

Data Privacy

S. Korea Considers E-commerce Sales, User Reviews for SME Credit Scoring

By Mark Johnston | 26/08/2025

The FSC is planning to create a new model incorporating alternative data from platforms like Naver and Coupang to improve lending access for small firms.

Sustainable Finance

China Issues New Rules to Steer Finance Towards Forestry Sector

By Editors | 26/08/2025

Regulators have unveiled measures expanding the scope of forest-related collateral, promoting carbon sink finance, and calling for new insurance products.