The amendment would make it easier for victims of account coercion scams to lift account suspensions more quickly.
February 5, 2024Consistent regulatory approach globally and technical standardisations across different blockchains will be key to widespread adoption of stablecoins.
January 24, 2024AUSTRAC will scrutinise the banking, gambling and remittance sectors, as well as crypto firms, payment platforms and non-bank lenders.
December 13, 2023PBOC and SAFE propose to simplify registration, currency conversion and account management requirements for foreign institutional investors.
November 11, 2023The seven are being charged under the "most complex AFP-led money-laundering investigation in the nation’s history".
October 26, 2023India and Singapore are planning to expand the number of Indian banks participating in the PayNow-UPI linkage launched in February.
October 20, 2023The FSC is working on plans to boost exports of Korean financial infrastructure to overseas markets such as in Southeast Asia.
August 29, 2023Treasury will work with APRA and the four major banks to design and scope a voluntary data collection on de-banking.
June 29, 2023The RBI removed a requirement for Indian residents to repatriate funds that lie idle for 15 days in GIFT City bank accounts. Restrictions on interest-bearing accounts also relaxed.
April 27, 2023Fusion Bank promises SMEs a "hassle-free" account opening experience and a six month exemption on fees for new accounts.
March 23, 2023