Cybersecurity

Korea Orders Lenders to Overhaul Security After Hacks

18/05/2026

The FSS has directed moneylending firms to strengthen cybersecurity following a series of hacking incidents and customer data leaks.

Credit Risk

Korea to Liquidate Bad Bank After ‘Predatory Finance’ Rebuke

18/05/2026

Financial authorities have ordered the sale of a 23-year-old delinquent debt portfolio following sharp criticism from the country’s president.

Stablecoins

Japan Blockchain Foundation to Issue Trust-Type JPY Stablecoin

18/05/2026

The ‘EJPY’ stablecoin is designed to be compliant with Japan's legal framework for electronic payment instruments.

Structural Regulation

FinTech Alliance.PH Backs Proposal on BSP Oversight for Online Lenders

18/05/2026

The proposal is aimed at streamlining compliance, reducing regulatory arbitrage, and creating clearer policies for the fast-growing digital lending sector.

Structural Regulation

ASX Appoints Euronext Veteran Anthony Attia as New CEO

15/05/2026

ASX has named a new chief with deep European market infrastructure experience to lead its transformation efforts.

Fraud, Scams & Cybercrime

Hong Kong Freezes HKD 8.9 Billion in Assets Linked to Prince Group Founder

15/05/2026

Hong Kong’s High Court has granted a restraining order against assets tied to alleged fraud, impacting numerous financial accounts.

Structural Regulation

Australia Boosts ASIC Funding for Managed Funds Oversight After High-Profile Collapses

14/05/2026

ASIC will receive new funding to enhance supervision of managed investment schemes, following recent high-profile collapses and a review of the sector.

Structural Regulation

Australia Proposes Capital Gains Tax Overhaul in Federal Budget

14/05/2026

The 2026-27 federal budget introduces significant tax reforms, replacing the capital gains discount with indexation and a minimum tax, while also curtailing negative gearing benefits.

Structural Regulation

Korea FSS Tackles Complex Fund Disclosures With New Task Force

14/05/2026

The regulator has launched a task force to create a standardised risk template for fund prospectuses following a damning consumer survey.