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Reporting on regulatory approaches, ethical considerations, and risk management for AI technologies deployed in financial services and markets.

AI Risk & Governance
South Korea Details Major Regulatory Overhaul, KRW 100 Trillion Fund in AI Push
By Mark Johnston | 25/08/2025
The new economic strategy will relax criminal liabilities for “well-meaning business owners” while strengthening civil and monetary liabilities.

Anti-Money Laundering
Hong Kong Banks Target Laundering Through Business Accounts
By Nathan Lynch | 25/08/2025
Hong Kong banks are seeking to balance financial crime prevention with the need to support business growth and SMEs operating in the city.

Fraud, Scams & Cybercrime
RBI to Soon Issue Guidelines on AI Use for Mule Detection
By Nithya Subramanian | 21/08/2025
Banks will be required to use AI verification to detect and block mule accounts to help curb online scams and strengthen financial system security.

AI Risk & Governance
Malaysia Set to Finalise National AI Action Plan, says Minister
By Nithya Subramanian | 21/08/2025
The National AI Action Plan will seek to balance security with privacy, guided by transparency, privacy-by-design, and human oversight principles.

Trading & Investment
Guangzhou Unveils Reforms to Boost Nansha's GBA Hub Ambitions
By Manesh Samtani | 20/08/2025
Guangzhou unveils 88 measures to bolster Nansha as a GBA financial hub, focusing on cross-border cooperation, innovation, and regulatory enhancements.

Conduct, Culture & Accountability
ASIC Directs Life Insurers to Improve Product Design, Sales Practices
By Sanday Chongo Kabange | 20/08/2025
ASIC has found that claims disputes have doubled since 2018, demanding better product design and sales practices amid threats of enforcement action.

AI Risk & Governance
HKMA Warns of Looming AI and Green Finance Skill Gaps
By Manesh Samtani | 19/08/2025
A new joint report by the HKMA highlights critical skill shortages and calls on banks to prioritise collaborative upskilling to remain competitive.

AI Risk & Governance
Hong Kong Insurance Authority Launches Initiative to Boost AI Adoption
By Editors | 19/08/2025
The new programme aims to foster collaboration between insurers and tech firms, guiding responsible AI use to establish the city as a regional hub.

AI Risk & Governance
BIS Launches New Project to Help Supervisors Assess AI Models
By Manesh Samtani | 19/08/2025
The BIS, HKMA, and FCA are developing a prototype to help supervisors assess the transparency and fairness of AI used by banks.

Market Abuse
SEBI Flags Surge in Enforcement, Difficult Dues in Annual Report
By Mark Johnston | 18/08/2025
SEBI's annual report reveals a spike in settlement pleas and inspections amid record capital raising and mounting unrecovered penalties.
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