Resolution & Recovery

FSC Korea Conditionally Approves Lotte Insurance Recovery Plan

29/05/2026

The insurer must implement a plan to strengthen capital over 18 months, with regulators warning of revocation if undisclosed conditions are not met.

Data Privacy

BNM Revises Financial Product Disclosure Standards

29/05/2026

The central bank is mandating simpler product disclosure sheets, new digital standards, and stricter consent rules for sharing marketing data.

Structural Regulation

Australia's Insurers Call for Structural Overhaul of Compensation Scheme

29/05/2026

The Insurance Council of Australia argues against cross-subsidising the scheme, stating the sector responsible for misconduct should bear the escalating costs.

Anti-Bribery & Corruption

Basel Institute on Governance Joins Anti-Corruption Push in Forest Carbon Markets

29/05/2026

The new initiative led by Transparency International will develop anti-corruption guidelines and strengthen governance in forest carbon markets, with a focus on Indonesia, Ghana and Cameroon.

Credit Risk

RBI Assessing Corporate Risks From Middle East Conflict

29/05/2026

The central RBI has held discussions with rating agencies to gauge potential borrower stress and the possible need for temporary regulatory relief.

Credit Risk

Sri Lanka Central Bank Tightens Gold, Vehicle Lending Rules

29/05/2026

New macroprudential measures introduce a loan-to-value cap for gold-backed credit and tighten existing limits for vehicle financing.

Trade Based Money Laundering

Taiwan Offers TWD 4.8 Million Reward to Combat Tariff Evasion

29/05/2026

The Customs Administration is offering substantial rewards for information on 'country of origin washing' as it ramps up enforcement to protect its trade reputation amid ongoing US-China trade tensions.

Trading & Investment

Philippines Eases Single-Issuer Limit for Unit Investment Trust Funds

29/05/2026

The BSP has raised the exposure limit for unit investment trust funds to give fund managers greater flexibility and help develop local capital markets.

Supervision & Enforcement

India Approves Major Expansion for Financial Crime Agency

28/05/2026

The ED will see its workforce grow by over 60 percent to tackle a rising caseload of money laundering and financial crime.