AI Risk & Governance

AI Risk & Governance

Philippine SEC Launches AI-Powered Chatbox for Public Queries

By Nithya Subramanian | 06/06/2025

SEC AInnovation is a multilingual platform that provides real-time answers to public queries on SEC rules and processes.

Anti-Money Laundering

BIS Innovation Hub Finds Promise and Limits in AI Project Hertha

By Manesh Samtani | 05/06/2025

Project Hertha used a simulated synthetic transaction dataset and showed that payment system analytics can help spot new financial crime patterns.

KYC & CDD

Singapore Sharpens Focus on Source of Wealth Due Diligence

By Manesh Samtani | 05/06/2025

New guidelines in Singapore call for more robust source of wealth checks in banking and wealth management, experts say.

AI Risk & Governance

Japan’s FSA Establishes New ‘AI Public-Private Forum’

By Editors | 04/06/2025

The forum aims to foster a secure environment for FIs to discuss their use of AI, share best practices, and address practical challenges.

Anti-Money Laundering

Banks Must Sharpen AI to Outmanoeuvre Money Mules: Experts

By Manesh Samtani | 02/06/2025

Financial crime experts discuss the challenges of identifying money mules, highlighting the need for dynamic AI and integrated strategies.

AI Risk & Governance

Japan FSA Taps AI to Parse Bank Disclosures and Identify Risk

By Editors | 02/06/2025

Japan’s FSA is using AI to distil bank disclosure reports, gather information, identify emerging trends, and improve monitoring activities.

Credit Risk

FSS Korea Urges Banks to Build Up Cushions Against Loan Losses

By Manesh Samtani | 01/06/2025

The FSS asked FIs to bolster their capital, better manage their NPLs, and ensure their infrastructure is prepared for AI […]

Structural Regulation

US Tightens Export Curbs to China, Targeting Chip Design Software

By Editors | 31/05/2025

The US is restricting sales of semiconductor design software to China, suspending existing export licences and imposing additional licence requirements.

Cybersecurity

HKMA Partners with University on Cybersecurity Innovation

By Sanday Chongo Kabange | 30/05/2025

HKMA and the HKUST Business School will jointly explore innovative suptech and regtech solutions, leveraging “cutting-edge” technologies such as the latest LLMs.