AI, Technology & Data

AI Risk & Governance

BNM Proposes AI Governance Framework for Financial Sector

By Nithya Subramanian | 05/08/2025

New discussion paper proposes responsible innovation through transparency, accountability, and ethical data use while mitigating risks such as bias, opacity, and misuse.

AI Risk & Governance

GenAI Can Enhance Risk Modelling for CCPs: JSCC Paper

By Sanday Chongo Kabange | 05/08/2025

A working paper from the JSCC found that GenAI was able to identify new, plausible stress events that are not fully captured in existing data sets.

AI Risk & Governance

Indonesia Set to Finalise AI Regulation, Launch Data Watchdog

By Manesh Samtani | 04/08/2025

Indonesia will issue a presidential decree on AI governance and establish its national data protection authority within August.

Data Privacy

Bank Indonesia to Commence Trial of New 'Payment ID' System

By Nithya Subramanian | 04/08/2025

A limited trial will begin on 17 August to streamline financial data integration while adhering to strict personal data protection laws.

Structural Regulation

China Sets Unified Rules for Financial Market Infrastructure

By Manesh Samtani | 04/08/2025

New measures unify supervision across key systems, establish a framework for systemically important platforms, and set strict data residency requirements.

Cybersecurity

Korea to Introduce Punitive Fines for Financial Cybersecurity Breaches

By Manesh Samtani | 03/08/2025

Regulators plan sector-wide inspections, blind penetration tests, and new rules to strengthen CISO authority following a major ransomware attack.

Trading & Investment

China Eyes Capital Market Reforms and Targeted Stimulus

By Editors | 02/08/2025

Politburo holds off on major stimulus but pledges to boost capital market attractiveness and roll out targeted consumption support.

Structural Regulation

Malaysia Flags Pension System Overhaul, Digital Finance Push in New Plan

By Editors | 02/08/2025

The 13th Malaysia Plan earmarks MYR 430 billion in public development funds, proposes a monthly pension option, and outlines a new venture capital roadmap.

Payments & Settlements

MAS Confirms End-2026 Phase-Out for Corporate Cheques

By Nithya Subramanian | 01/08/2025

MAS has finalised its roadmap to stop processing corporate cheques from 2027, introducing new e-payment solutions and a new system for remaining users.