International

AML / KYC

Financial Crime Fighters Set to Gather in Hong Kong

By Manesh Samtani | 28/03/2025

The HKMA and GCFFC are bringing together financial crime fighters from around the world amid an increasingly complex threat landscape.

Fintech / Regtech

Navigating the Regulation of Generative AI in Financial Services

By Mary Leung | 27/03/2025

Mary Leung discusses how AI is being regulated in the financial services industry and the approaches different jurisdictions are pursuing.

Big Picture

Off-exchange Derivatives Present Risks to Investors: WFE Paper

By Nithya Subramanian | 27/03/2025

WFE calls for measures to avoid the development of an off-exchange derivatives market that is opaque and less fair to investors.

Sanctions

China Issues Regulations for Anti-foreign Sanctions Law

By Manesh Samtani | 27/03/2025

Individuals or entities placed on an anti-sanctions list can be denied entry into China, restricted from doing business in the country, and have their assets within China seized or frozen.

AML / KYC

FATF Calls for Greater Public-Private Collaboration at Mumbai Forum

By Manesh Samtani | 27/03/2025

FATF President Elisa de Anda Madrazo said public authorities and the private sector “play on the same team” in the fight against financial crime.

ESG / Sustainability

SBTi Consults on Revisions to Corporate Net Zero Standard

By ESG Investor | 26/03/2025

The standard setter emphasises internal decarbonisation, action-based targets as part of revamped net zero standard for corporates.

Sanctions

US Commerce Dept Adds Over 50 Chinese Firms to Entity List

By Manesh Samtani | 26/03/2025

This is to prevent “foreign adversaries” from using US tech and goods for high-performance computing, hypersonic and ballistic missiles, military aircraft training, and UAVs.

Sanctions

Crypto Industry Seeking More Guidance on Sanctions Implementation

By Manesh Samtani | 25/03/2025

A lack of guidance for the virtual asset industry is undermining the effectiveness of sanctions, according to roundtable participants.

Market Infrastructure

EU Adopts Amended BMR, Easing Access to Foreign Benchmarks

By Manesh Samtani | 25/03/2025

The amended BMR will ensure benchmarks published in Asia and other third countries can continue to be used in the EU to hedge interest rate and FX risks.