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Payments & Settlements
Australia Proposes Sweeping Reforms to Card Payments and Surcharges
By Sanday Chongo Kabange | 15/07/2025
The RBA has unveiled plans to ban most card surcharges and slash domestic and cross-border interchange fees in a major industry shake-up.

Anti-Money Laundering
Reputation and Personal Accountability: The Wider Impact of AML/CTF Breaches
By Nathan Lynch | 15/07/2025
Experts say holding executives personally accountable is the key to managing the deep reputational and operational fallout from AML/CTF failures.

Emerging Prudential Risks
New FSB Chair Targets Non-Bank Finance, Stablecoins in First Priorities
By Manesh Samtani | 15/07/2025
Andrew Bailey calls for renewed global cooperation to tackle risks from private finance and digital assets amid rising geopolitical fragmentation.

Structural Regulation
Taiwan Central Bank Warns Foreign Investors on Capital Control Breaches
By Editors | 15/07/2025
The central bank is stepping up enforcement to curb speculative inflows and manage a surging currency without direct market intervention.

PEPs & Sanctions
Malaysia Imposes Permit Requirement on US AI Chip Exports
By Editors | 15/07/2025
The move aims to close regulatory loopholes and prevent illicit trade amid US pressure to stop advanced semiconductors from reaching China.

Payments & Settlements
RBNZ to Open New Phase of ESAS Applications in September
By Sanday Chongo Kabange | 15/07/2025
The next phase of ESAS applications may include payment service providers, overseas deposit takers and operators of designated FMIs.

Conduct, Culture & Accountability
South Korea to Overhaul Rules on High-Risk Investment Sales
By Editors | 15/07/2025
Regulators will mandate stricter investor assessments and ban certain sales tactics to prevent the misselling of complex financial products.

Structural Regulation
India’s IFSCA Proposes Tighter Rules for Appointments to Boards of MIIs
By Mark Johnston | 15/07/2025
India’s IFSCA is proposing tighter rules for board appointments at financial market infrastructure institutions in GIFT City, aiming to bolster investor protection and global credibility.

KYC & CDD
China NFRA Issues Sweeping New Product Suitability Rules
By Editors | 15/07/2025
New regulations mandate five-tier risk ratings for products and investors, with strict penalties for mis-selling, effective from February 2026.

Structural Regulation
New Zealand FMA Launches Review into Financial Advice Access
By Sanday Chongo Kabange | 15/07/2025
The FMA is examining barriers to advice, including subdued digital innovation, compliance costs, and adviser confidence under the new regime.
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