Structural Regulation

Australian Broker Petra Capital Fined for Data Errors Hindering Surveillance

05/02/2026

The penalty follows a system change that made single clients appear as multiple entities in regulatory reports.

Fraud, Scams & Cybercrime

ASIC Urges Super Funds to Address "Serious Gaps" in Scam Defences

05/02/2026

A review found superannuation funds lag major banks on scam warnings, prompting calls for urgent action to adopt new standards.

Operational Risk

RBNZ Directs Deposit Takers to Enhance Risk Management Practices

05/02/2026

Thematic review uncovered weaknesses, particularly at smaller and non-bank entities, in areas such as setting and using risk appetites, internal audit and risk monitoring and reporting.

Cryptocurrency

Coinbase Accuses Australian Banks of 'Systemic Debanking'

04/02/2026

Coinbase has urged lawmakers to legislate transparency measures, arguing current bank practices threaten competition and innovation in the country.

Operational Risk

New Zealand FMA Identifies Operational Risks at P2P Lending Firms

04/02/2026

A thematic review identified weaknesses in outsourcing due diligence, technology frameworks, and business continuity testing.

Supervision & Enforcement

Australia Unveils Sweeping Audit and Consultancy Reforms

04/02/2026

The reforms include a 100-fold increase in fines for promoting tax exploitation schemes and a plan to merge key standards bodies.

Anti-Money Laundering

Taiwan Proposes New Anti-Fraud Reporting Mechanism for Banks

04/02/2026

The proposals include a new reporting channel to prosecutors and expand the definition of suspicious accounts to combat financial crime.

Cybersecurity

HKMA Unveils Blueprint to Tackle AI, Quantum Risks in Banking

04/02/2026

The plan includes a new cybersecurity baseline and a quantum readiness index to address risks in advanced technology adoption.

Cryptocurrency

Hong Kong Pushes Ahead with Strict Crypto Tax Reporting Rules

04/02/2026

Legislative proposals confirm per-account penalties and personal liability for directors, despite industry warnings of unworkable compliance burdens.