AI, Technology & Data

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.

Cybersecurity

ASIC Sets Agenda on Super Oversight, AI Governance and Market Integrity

By Sanday Chongo Kabange | 27/08/2025

In its latest corporate plan, ASIC outlines its supervisory priorities focusing on superannuation, digital resilience and capital markets reform.

Structural Regulation

Vietnam's Da Nang Advances Financial Hub Plan with Expert Council

By Sanday Chongo Kabange | 27/08/2025

A 17-member body will guide strategy for the planned international financial centre, as a national regulatory decree on the project nears completion.

Fraud, Scams & Cybercrime

HKMA Adds 'Deepfake' Guidance to E-Banking Security Framework

By Sanday Chongo Kabange | 27/08/2025

The HKMA has expanded its e-banking security framework, adding a new component to tackle deepfake risks and detailing specific verification and customer education practices.

Structural Regulation

OJK Indonesia Rolls Out New System to Streamline Licensing Process

By Editors | 27/08/2025

From 1 September, OJK’s integrated SPRINT platform cuts steps and boosts digital checks for insurers, pension funds, lenders and venture capital.

Structural Regulation

Australian Super Funds Urges ASIC to Create Digital Disclosure Sandbox

By Sanday Chongo Kabange | 26/08/2025

Australia's industry body for super funds has called on ASIC to provide a safe testing environment for innovative communication methods like infographics and modular content.

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.

Cybersecurity

FSS Korea Calls on Securities Industry to Upgrade IT Controls

By Nithya Subramanian | 26/08/2025

The FSS has directed securities firms to strengthen their IT controls, saying action will be taken against companies responsible for major incidents.

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.