Market Risk

HKMA Directs Banks to Enhance Interest Rate Risk Management

13/02/2025

The HKMA says AIs must strengthen the management of interest rate risk, emphasising CARs disclosure and usage of behavioural models.

Fraud, Scams & Cybercrime

CBA, Telstra Expands Fraud Detection Collaboration

12/02/2025

CBA and Telstra’s expanded pact will implement a new anti-scam technology to help protect customers from identity theft.

Capital Adequacy

HKMA Consults on Amendments to Banking Capital Rules

12/02/2025

The amendments to certain definitions or provisions aim to enhance clarity and align with the Basel framework.

Payments & Settlements

Australian Banks Agree to Pause Rural Branch Closures

12/02/2025

Banks to pause rural branch closures until 2027 and also make their services available via Australia Post.

Conduct, Culture & Accountability

Australia Updates Education Requirements for Financial Advisers

11/02/2025

The reforms will create a more sustainable education pathway and help address the current supply shortage of financial advisers.

Operational Risk

APRA Accepts Court Enforceable Undertaking from Cbus

11/02/2025

APRA accepted a CEU from Cbus and simultaneously launched a new probe into the firm for possible SIS Act breaches.

Structural Regulation

Hong Kong FSDC Signs Pact with Kuwait Capital Markets Authority

08/02/2025

The MoU focuses on mutual cooperation, information exchange, and the promotion of innovative financial products and services.

Sustainable Finance

Hong Kong to Develop Operational Guidance for Transition Finance

07/02/2025

This year, Hong Kong regulators will also launch an official “green fintech map” and a “transition finance knowledge hub”.

Fraud, Scams & Cybercrime

BSP Issues Draft Rules Authorising FIs to Freeze Suspicious Funds  

06/02/2025

FIs will be able to temporarily hold “disputed funds” while they initiate a process to validate the legitimacy of the transaction.