-
AI a double-edged sword in financial fraud, UK minister warns
Incidents of financial fraud are rising in the UK, and online scams are more common than ever. Ministers are calling for using AI to address the challenge.
-
Lack of secure archive and other failings lead to fine for investment adviser in France
Carat GP and its two directors have incurred a fine of €2.5m. The firm and one of its directors have also been barred by the AMF.
-
JPMorgan Chase fined record €45m by German regulator for AML failures
Wall Street’s largest bank has been accused of delays in SAR submissions in relation to anti-money-laundering and terrorist financing obligations.
-
Switzerland seeks to balance stablecoin regulation with growth
The country has a strong history of stable and secure traditional banking; now, it wants to take that reputation into new tech and decentralized finance.
-
Major cloud services providers to come under remit of UK regulators next year
MPs have accused the government of being too slow to bring critical third-party service providers under the remit of UK regulators but ministers insist work is underway.
-
Hong Kong’s Fintech 2030 strategy to focus on AI, data, and tokenization
Key objectives include establishing next-gen infrastructure, AI adoption, enhancing tech resilience, and making tokenization part of mainstream finance.
-
OpenAI deal will allow UK firms to store their data on British soil
UK government sees the deal as a litmus test to assess and enable AI adoption across the public sector data – but concerns remain over sovereignty and competition.
-
Asia-Pacific in focus: October 2025 at a glance
Our monthly roundup of the latest developments from the world of financial regulation in the Asia-Pacific region.