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Enforcement
Banks to Refund Low-Income Customers for "Fee Harm", ASIC Says
By Sanday Chongo Kabange | 30/07/2025
ASIC has directed banks to overhaul product design and migration processes after uncovering widespread excessive fees for vulnerable customers.
Fintech / Regtech
South Korea to Combat Voice Phishing Scams with AI Platform
By Nithya Subramanian | 29/07/2025
The FSC has unveiled plans for a new AI-powered infrastructure that will enable real-time sharing and analysis of scam-related data across financial institutions, telecom companies and investigative authorities.
Fintech / Regtech
Singapore Launches Electronic Deferred Payments to Replace Cheques
By Nithya Subramanian | 29/07/2025
The ABS, with seven major banks, has rolled out two new EDP solutions to support businesses and individuals as corporate cheques are phased out starting 2026.
Trending
CSRC Proposes Major Overhaul of Corporate Governance Rules
By Manesh Samtani | 29/07/2025
The CSRC has released draft rules requiring performance-linked remuneration, clawback mechanisms, and stricter controls on the actions of major shareholders.
Fintech / Regtech
Hong Kong Pushes Data-sharing Infrastructure to Boost SME Trade Finance
By Manesh Samtani | 29/07/2025
The HKMA is advancing its Commercial Data Interchange (CDI) with new pilots in credit scoring and logistics data, aiming to streamline lending and cut costs for businesses.
Fintech / Regtech
Malaysia to Expand, Enhance National Scam Response Centre
By Nithya Subramanian | 28/07/2025
The expansion will bring the SC and Domestic Trade Ministry into the NSRC, and create 139 new positions within the centre.
AML / KYC
New Zealand Passes Law to Join Global Cybercrime Treaty
By Manesh Samtani | 28/07/2025
The legislation enables authorities to issue 'preservation directions' to companies and aligns New Zealand with the global Budapest Convention.
Enforcement
AUSTRAC Closes 2022 Enforceable Undertaking with NAB
By Sanday Chongo Kabange | 28/07/2025
AUSTRAC has cancelled the 2022 enforceable undertaking but says NAB must continue to improve its AML programmes.
Market Infrastructure
HKEX to Launch New Digital Issuer Platform Next Year
By Sanday Chongo Kabange | 28/07/2025
HKEX says the new secure web-based portal will become the mandatory channel for issuer submissions, enhancing compliance and market transparency.
ESG / Sustainability
Malaysia SC Signals Shift to Mandatory Corporate Governance Rules
By Manesh Samtani | 25/07/2025
The SC is reviewing its corporate governance code, with a new version due in 2026 that could introduce compulsory requirements for listed firms.
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