In 2023, the Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, ramped up its anti-counterfeiting measures,...

Hong Kong’s Accounting and Financial Reporting Council (AFRC) found no evidence supporting whistleblower allegations against PwC related...

The Philippines is not expected to be removed from the global grey money watchlist this year, according to Bangko Sentral ng Pilipinas...

Hong Kong’s pensions regulator has fined HSBC HKD24m (about USD3.1m) for offering incentives to unregistered intermediaries. The...

SCB X, an affiliate of Siam Commercial Bank, is set to apply for a virtual banking licence from the Bank of Thailand in September,...

The Ministry of Finance in Vietnam is set to release the final draft of a circular aimed at upgrading the country’s stock market and...

Futu Securities International (Hong Kong) has received a licence to offer virtual asset dealing services to both retail and professional...

Taiwan’s central bank announced it has no timetable for launching a digital currency, describing the process as “huge and complex”....

The Financial Supervisory Commission (FSC) of Taiwan has decided to maintain the overseas investment cap for local insurers at 45% of...

Singapore has passed legislative changes to improve transparency around nominee directors and shareholders, mandating companies to...

The Financial Services Commission of Korea has levied record fines totaling KRW27.17bn (USD19.5) against two UBS AG affiliates—formerly...

Singapore’s Deputy Prime Minister and Minister for Trade and Industry, Gan Kim Yong, who also chairs the Monetary Authority of Singapore...

Investors in Japan have filed a new lawsuit against Mitsubishi UFJ Financial Group’s brokerage unit over losses from Credit Suisse’s...

Major tax evasion incidents in Taiwan decreased to 915 last year, with unpaid taxes falling to NTD89.51bn (USD2.75bn), according to the...

A new regulation under the amended Law on Credit Institutions, effective July 1, reduces bank credit limits for major clients,...

The central banks of India, Malaysia, Thailand, Singapore, and the Philippines are collaborating under the Bank of International...

Secretary for Financial Services and the Treasury, Christopher Hui Ching-yu, urges employers and Mandatory Provident Fund (MPF) scheme...

Singapore will enhance its anti-money laundering laws, allowing the sale of seized assets before court cases conclude and extending...

China plans to establish a rescue fund worth hundreds of billions of yuan to prevent financial institution collapses due to the real...

Japan’s financial regulator penalised Mitsubishi UFJ Financial Group Inc.’s banking unit and two joint ventures for violating client...