Kiara kapoor

12/03/2026

Founder Secretary’s Thought of the Day | HRDS INDIA

“Hard work guided by purpose never goes unrewarded.”

Hard work becomes truly meaningful when it is guided by a clear purpose.

Effort driven by vision and dedication creates lasting impact, not just temporary success. When work is rooted in service, responsibility, and commitment to the greater good, it naturally leads to progress and fulfilment.

At HRDS INDIA, every initiative for tribal and marginalised communities is driven by this belief — that purposeful effort can transform lives and build a more inclusive society.

Because when hard work is aligned with purpose, its rewards are measured not only in results but in the lives it touches.

— HRDS INDIA

12/03/2026

South Korea’s Financial Services Commission (FSC) has announced that the National Assembly passed amendments to the Act on Reporting and Using Specified Financial Transaction Information on 29 January 2026, strengthening entry requirements for Virtual Asset Service Providers (VASPs). The revised law authorises the Korea Financial Intelligence Unit (KoFIU) to conduct criminal background checks on major shareholders during VASP registration reviews. Previously, such checks applied only to chief executives and executive officers. The scope of review will also expand to include offences related to narcotics trafficking, fair trade violations, tax crimes, specific economic crimes, and violations of virtual asset user protection rules.

The amendments also allow the KoFIU to assess the financial condition, organisational capacity, internal controls, and technological infrastructure of VASPs during registration and to impose conditions on approved entities to support anti-money laundering and user protection objectives. In addition, the law enables KoFIU to notify financial institutions about sanctions imposed on their former employees for violations of the Act. The revised law is scheduled to take effect six months after promulgation, expected around August 2026.

Source:
https://www.fsc.go.kr/eng/pr010101/86176

11/03/2026

The Financial Stability Board (FSB) has released its Work Programme for 2026.

The programme identifies continued monitoring of crypto-asset markets as a key area of work, with a specific focus on stablecoins. Following the completion of its global thematic review of crypto regulation in 2025, the FSB will examine potential vulnerabilities associated with stablecoins, particularly those arising from multi-jurisdictional stablecoin arrangements, and will organise supervisory discussions among regulators on the issue.

The work programme also notes that the FSB will continue monitoring developments in digital assets and assessing their implications for global financial stability. As part of this workstream, the organisation plans to publish a “Summary of targeted analysis of critical cross-border issues in digital assets” in October 2026.

Source:
https://www.fsb.org/uploads/P030226.pdf

FinancialRegulation GlobalFinance G20 FintechRegulation

11/03/2026

11/03/2026

Founder Secretary’s Thought of the Day | HRDS INDIA 🌿

“Commitment is proven through consistency, not declarations.”

Commitment is not defined by promises or statements — it is reflected in steady effort and responsible action over time.

Consistency demonstrates sincerity, builds trust, and transforms vision into lasting impact. Whether in leadership, governance, or social service, dedication is measured by the work that continues every day, even when recognition is absent.

At HRDS INDIA, our efforts to uplift tribal and marginalised communities are guided by sustained commitment and consistent service. True change is achieved when intentions are supported by continuous action.

Because commitment becomes meaningful when it is practised consistently.

—HRDS INDIA