Fraud, Scams & Cybercrime

Korean Police Arrest Three Over KRW 12.3 Billion XRP Scam

10/08/2026

Seoul police have dismantled an alleged crypto investment fraud, freezing assets and issuing an international alert for a fourth suspect.

Operational Risk

Korea Considers Merger of KODIT and KOTEC in Policy Finance Overhaul

10/08/2026

Korea's government is exploring a merger between its two main credit guarantee funds to improve efficiency and reduce operational overlap.

Structural Regulation

Pakistan Finalises Managers for New Public Pension Scheme

10/08/2026

The government has signed agreements with 16 asset managers to operationalise its new defined contribution pension scheme for public sector employees.

Conduct, Culture & Accountability

New Zealand Finds Gaps in Consumer Understanding of Financial Products

10/08/2026

A biennial survey from New Zealand’s consumer watchdogs shows a rise in consumer problems and persistent gaps in understanding credit and BNPL contracts.

Emerging Prudential Risks

Korea Considers Expanding D-SIFI Rules to Insurers, Securities Firms

10/08/2026

Regulators are weighing plans to bring large insurers and securities firms into the D-SIFI regime, sparking industry concerns over potential capital burdens.

Market Risk

Korea Financial Chiefs Face Criminal Complaint Over Leveraged ETFs

09/08/2026

Top officials, including the FSC chair, are accused of rushing the approval of high-risk products without proper stress testing.

Structural Regulation

New Zealand Appoints James Miller as New FMA Chair

09/08/2026

Former NZX chair James Miller will lead the financial regulator as it faces an inquiry into its workplace culture.

Data Privacy

OJK Tightens Reporting and Governance for Fintech Lenders

08/08/2026

OJK has introduced new rules for online lenders, mandating stricter data reporting, governance, and data protection measures.

Payments & Settlements

Bangladesh's City Bank Among First to Go Live on New Cross-Border Rails

08/08/2026

City Bank is among the first globally to execute live transactions under SWIFT's new framework for retail cross-border payments.