Other Asia Pacific

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    Enforcement

    Cambodian Central Bank Revokes Huione Pay’s Banking Licence

    By Nithya Subramanian | 12/03/2025

    Huione Pay is the banking arm of Huione Group, which allegedly facilitated $24bn in illicit transactions including through Telegram.

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    Fintech / Regtech

    Myanmar Central Bank Launches National QR Code Standard

    By Nithya Subramanian | 11/03/2025

    MMQR will make transactions more efficient and accessible, reduce dependency on cash, and better align with global trends.

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    Capital / Liquidity

    Bangladesh Bank Lowers Daily Cash Reserve Ratio Requirement

    By Editors | 10/03/2025

    The daily CRR requirement for commercial banks was lowered to 3.0% but the bi-weekly average CRR remains unchanged at 4%.

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    AML / KYC

    Asian Countries Taking on Trade-based Money Laundering Challenge

    By Nathan Lynch | 10/03/2025

    Nathan Lynch looks into the perennial challenge of TBML and the tools that Asian countries are deploying in response.

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    Crypto / Digital Assets

    Vietnam to Pilot State-run Platform for Trading Digital Assets

    By Thisanka Siripala | 06/03/2025

    Vietnam’s Ministry of Finance rejected an earlier proposal that would have allowed private firms to participate via a sandbox mechanism.

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    AML / KYC

    APG is Facing “Significant Resource Challenges”

    By Thisanka Siripala | 06/03/2025

    The APG says in its new strategic plan that there aren’t enough experienced and effective assessors to participate in mutual evaluations.

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    Fintech / Regtech

    Using AI in Regulatory Reporting and Change Management: Webinar Recap

    By Manesh Samtani | 06/03/2025

    Panellists from Nasdaq, Standard Chartered Bank and Regional Australia Bank discussed APAC’s transition to granular data reporting.

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    Fintech / Regtech

    Australia Announces Next Steps to Enhance CDR Regime

    By Sanday Chongo Kabange | 04/03/2025

    The Consumer Data Right regime will be expanded to non‑bank lending from mid‑2026 to promote greater competition and innovation in the market.

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    Capital / Liquidity

    Bangladesh Proposes New Bank Resolution Ordinance

    By Nithya Subramanian | 03/03/2025

    The central bank would be able to create bridge banks to manage the sale or liquidation of distressed financial institutions.

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    Securities / Derivatives

    ACLEDA Becomes Intermediary for Cambodian Government Bonds

    By Mark Johnston | 01/03/2025

    ACLEDA Bank is the first commercial bank in Cambodia authorised to act as an intermediary for government securities.

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