Latest Releases & Jurisdiction Updates Explore What's New from AsiaVerify

Every Entity. No Limits.

Data Feed API is the upgraded replacement for AsiaVerify’s legacy file transfer delivery method. Built for data, compliance, and analytics teams that need structured China company data at scale, it replaces the friction of SFTP and direct file delivery with a modern, API-first model — without sacrificing dataset coverage.

440 million registered entities in China. Verified, structured, and delivered directly into your systems.

Key Improvements: 

• From File Transfers to API-First Delivery: The previous delivery method — SFTP and direct file transfer — has been discontinued. Data Feed API replaces it with direct API access and CSV bulk upload on the same Unified API authentication your team already uses. Same underlying dataset. Significantly less integration overhead.
• Structured, Consistent Output: Legacy file delivery offered limited control over schema consistency, making downstream data operations harder to maintain at scale. Data Feed API delivers structured, standardised company records designed for enrichment, screening, and periodic refresh workflows — with a consistent schema your systems can rely on.
• Full Coverage Map via Index File: Previously, coverage gaps were only discovered at runtime — after they had already affected onboarding or monitoring outcomes. The Index File gives teams a complete directory of ~400 million company names and IDs, enabling portfolio mapping before enrichment jobs are run.
• Predictable Cost at Scale: Per-file and per-call pricing models create budget uncertainty and incentivise rationing at high volumes. Data Feed API replaces this with a fixed annual subscription covering all ~440 million registered companies in China — full coverage, no per-call trade-offs.

Why it matters: Data Feed API modernises how teams access China company data at scale. By replacing legacy file delivery with a governed, API-first model, it removes the manual overhead, coverage uncertainty, and cost unpredictability that made large-scale enrichment and screening programmes difficult to maintain.

Smarter KYB Due Diligence Across Asia

KYB Complete is AsiaVerify’s automated KYB risk assessment solution designed to help compliance, procurement, and risk teams verify and assess Asian third parties with greater speed and confidence.

Key Improvements:

1. More Complete Due Diligence: Combine registry data, UBO insights, AML checks, and risk assessment in one report.

2. Instant Risk Assessment: Eliminate manual research and reporting with instant due diligence that integrates seamlessly into your existing processes.
   

3. Consistent, Audit-Ready Reports: Enable clearer decisions with standardised, defensible KYB risk reports.

Why it matters: KYB Complete delivers instant, comprehensive KYB risk assessments, helping teams strengthen third party due diligence across Asia.

Enhanced KYB for MAS‑Ready Compliance

Singapore Basic Plus is the upgraded KYB report that helps compliance teams meet the Monetary Authority of Singapore’s (MAS) updated customer due diligence requirements. This report enriches every shareholder and major individual with essential details, including nationality, residential address, ID type, and ID number, sourced directly from ACRA’s peopleDetails service. This unified approach reduces manual effort, accelerates onboarding, and ensures accurate, reliable reporting.

Key Improvements:

1. Complete MAS CDD Compliance: Access all required data points to meet MAS regulations effective 1 July 2025.

2. Streamlined Onboarding: Eliminate multiple manual ACRA searches, saving time and reducing operational risk.

3. Consistent, Audit-Ready Reports: All individuals in the business structure are enriched consistently for cleaner, more reliable KYB packages.

Why it matters: Singapore Basic Plus delivers a streamlined, audit-ready KYB solution that significantly improves compliance efficiency.

Now Live: South Korea KYB Coverage

We’ve expanded our jurisdictional footprint. South Korea is now our 14th supported APAC market. KYB products are available via both the Portal and API, enabling access to verified business data and ownership insights.

Philippines KYB Now Enhanced with Direct SEC Integration

We have upgraded our Philippines KYB data source, now live on the AsiaVerify API and Portal.

The new connection delivers quicker results and enhanced stability by directly integrating with the Philippines Securities and Exchange Commission (SEC).

Key Improvements:

1. Faster results: Company verification responses are now immediate, instead of taking up to three working days.
2. Greater reliability: The new SEC connection guarantees consistent uptime and more dependable data delivery.
3. Improved data access: Clients can now verify Philippine entities with the same accuracy and speed as our other major markets.

Why it matters: This enhancement strengthens AsiaVerify’s KYB coverage across Southeast Asia, helping teams onboard partners and assess risk with greater confidence.

Indonesia KYB Enhancements for Unified API

Introducing an enhanced Indonesia KYB offering for all Unified API clients.

What’s new:

1. Faster response times, so you can review results and make decisions faster

2. New “LITE” report option for clients who don’t need the full detail every time

Why it matters: Indonesia is one of the more challenging markets when it comes to verifying entities. These improvements will provide clients with greater control over report depth and turnaround time, enabling teams to work more efficiently while remaining compliant.

Hong Kong Sole Trader Business Verification Now Available

We have expanded data coverage in Hong Kong, introducing verification for sole traders. Broader access for Hong Kong is now available to both new and existing clients, and can be accessed via API integration, or through the AsiaVerify Portal, delivering more flexibility when verifying businesses in Hong Kong.

Why it matters: Sole traders comprise a significant portion of Hong Kong’s business landscape, but they can be challenging to verify. This update provides compliance teams with a more reliable method for conducting checks on sole proprietorships, thereby reducing onboarding risk and strengthening the verification process