AI, Technology & Data

Cloud & Infrastructure

ASIC Registry Upgrade Project to Include “Director ID Linking”

By Thisanka Siripala | 10/04/2025

As part of its RegistryConnect programme, ASIC is working on linking the director ID register with the Companies Register.

Cloud & Infrastructure

GLEIF Certifies Hong Kong Firm as Qualified vLEI Issuer

By Editors | 10/04/2025

Certizen Technology’s qualification represents another significant milestone in the development of the vLEI ecosystem, said GLEIF CEO Alexandre Kech.

Fraud, Scams & Cybercrime

Multinational Firm Scammed by Deepfake Tech in Singapore

By Nithya Subramanian | 09/04/2025

Singapore and Hong Kong police teamed up to recover over USD 499,000 lost to a scam involving deepfake video technology and digital manipulation.

Fraud, Scams & Cybercrime

HK Police Calls on FIs to “Embrace” Innovation in Fight Against Financial Crime

By Manesh Samtani | 09/04/2025

“Today’s threats demand tomorrow’s solutions,” said HKPF Director of Crime & Security Keith Yip, speaking at a joint HKMA-GCFFC event.

Cybersecurity

China Proposes Revisions to Strengthen Cybersecurity Law

By Manesh Samtani | 09/04/2025

Penalties can be imposed for the sale or provision of network equipment that hasn’t been properly tested and certified.

Cloud & Infrastructure

Korea FSS Summons Kiwoom Securities to Explain Trading Outages

By Thisanka Siripala | 08/04/2025

Executives from over ten securities firms were called in to discuss measures to ensure stable IT system operations.

Emerging Prudential Risks

India’s Financial Regulators Need Greater Independence: Report

By Nithya Subramanian | 08/04/2025

Report by the IMF and World Bank raises concerns over the MOF’s ability to overturn regulatory decisions, including those by RBI.

Fraud, Scams & Cybercrime

Singapore Ransomware Attack Exposes Data of Bank Customers

By Nithya Subramanian | 08/04/2025

A ransomware attack on a printing service provider has exposed the personal information of over 11,000 DBS and Bank of China customers.

Conduct, Culture & Accountability

New Zealand’s CoFI Implementation Starts Well, Says FMA

By Thisanka Siripala | 08/04/2025

The FMA issued a report presenting findings from a review of 38 fair conduct programmes from FIs operating in New Zealand.