OTHER ASIA PACIFIC

AML / KYC

Shedding Light on HSBC’s Use of Machine Learning in Transaction Monitoring

By Manesh Samtani | 14/04/2025

Olivier Franses talks to Regulation Asia about HSBC’s use of machine learning in transaction monitoring, the challenges of implementation, and the resulting benefits.

Fintech / Regtech

Cambodia Joins ASEAN Regional Payment Connectivity Initiative

By Nithya Subramanian | 10/04/2025

Malaysia and Cambodia also launched the second phase of cross-border QR payment linkage, expanding connectivity between the two countries.

AML / KYC

Nepal Reveals Surge in Transaction Reporting as it Battles FATF Greylist

By Nathan Lynch | 09/04/2025

Nepal’s efforts to combat financial crime have led to an increase in STR filings, led by banks but also including DNFBPs.

Market Infrastructure

Vietnam’s New Trading System to Go Live on 5 May

By Nithya Subramanian | 09/04/2025

The new trading system is currently in its final testing stage. It introduces features such as short-selling and faster settlement cycles.

AML / KYC

GLEIF Certifies Finema as First Southeast Asia-Based vLEI Issuer

By Thisanka Siripala | 08/04/2025

Finema’s designation as a Qualified vLEI Issuer is intended to address challenges faced by SMEs in Southeast Asia engaging in cross-border trade.

AML / KYC

APG Publishes Follow-up Report of Mongolia

By Editors | 07/04/2025

The report presents Mongolia’s progress to address technical compliance deficiencies and steps taken to enhance AML/CFT effectiveness.

Capital / Liquidity

Vietnam PM Urges SBV to Consider Basel III Adoption

By Nithya Subramanian | 07/04/2025

Prime Minister Pham Minh Chinh has asked the SBV to evaluate proposals for implementing Basel III banking standards and to step up reforms that support credit growth.

Market Infrastructure

Pakistan, Bangladesh, Sri Lanka to Cooperate on Capital Markets

By Nithya Subramanian | 07/04/2025

The alliance includes joint technology initiatives, collaborative product development, and possible cross-market listings.

Fintech / Regtech

Asian Central Banks to Jointly Establish Multilateral Payments Scheme

By Manesh Samtani | 07/04/2025

RBI, BNM, BSP, MAS and BOT aim to make the Nexus platform a scalable multilateral model for connecting instant payment systems globally.