Markets & Infrastructure

KYC & CDD

Japan 's Nippon Life Uncovers Data Misuse as Regulator Intensifies Scrutiny of Insurers

By Nithya Subramanian | 18/09/2025

An internal review found staff seconded to banks accessed confidential sales information without authorisation, prompting the insurer to take disciplinary action.

Structural Regulation

FSC Korea Rejects All Bids for Fourth Internet Bank Licence

By Manesh Samtani | 18/09/2025

The FSC found all four applicants unsuitable for preliminary approval, citing weak capitalisation, unclear shareholder structures, and inadequate funding plans.

Structural Regulation

BSP Proposes Stiffer Penalties in Reporting Governance Overhaul

By Sanday Chongo Kabange | 18/09/2025

The BSP has drafted new rules linking penalties to asset size and shortening submission deadlines for regulatory reports.

Stablecoins

Korea-Japan Bank Consortium Completes Stablecoin Trial

By Manesh Samtani | 18/09/2025

A proof-of-concept remittance project found stablecoins cut costs, but highlighted South Korea's lack of a clear regulatory framework.

Credit Risk

China Deploys Financial Tools to Steer Credit into Service Sector

By Editors | 18/09/2025

The PBOC is using relending facilities and encouraging asset securitisation to boost credit supply for consumer-facing service businesses.

Structural Regulation

APRA Finalises Updates to Bank Naming Rules

By Sanday Chongo Kabange | 18/09/2025

APRA has confirmed rules on the use of ‘credit co-operative’ and ‘offshore banking unit’ but will delay a decision on expanding exemptions for foreign wholesale fundraising.

Cybersecurity

China Advances Legal Reforms on Cybersecurity, Bankruptcy, Green Finance

By Mark Johnston | 18/09/2025

Beijing’s top legislature is reviewing draft laws that will impose tougher cybersecurity penalties, overhaul corporate bankruptcy proceedings and establish a national carbon market.

Structural Regulation

India Unveils New Framework Allowing Bespoke Pension Plans

By Nithya Subramanian | 18/09/2025

The pension regulator will let fund managers design tailor-made schemes under the National Pension System, giving subscribers more choice and flexibility in retirement planning.

Cloud & Infrastructure

GLEIF and IOTA Partner to Embed Digital IDs in DLT-Based Trade

By Editors | 18/09/2025

The collaboration will use the Legal Entity Identifier on a distributed ledger to streamline supply chain compliance and secure trade finance.