Market Abuse

China Jails Former Huatai Manager for Insider Trading

03/06/2026

Five-year prison sentence and multi-million yuan fine follow a separate market ban and penalty imposed by the CSRC in 2024.

PEPs & Sanctions

Bank of Korea Ordered to Pay Damages to Iran’s Bank Mellat

03/06/2026

A court ruled that BOK breached its contract by suspending services, rejecting fears of US secondary sanctions as justification.

Operational Risk

Korea FSS Sanctions Hanwha Life Over Major IT Failures

02/06/2026

The insurer has been fined and issued a warning for system outages, financial errors, and reporting lapses linked to a new platform rollout.

Payments & Settlements

Cambodia and Rwanda Announce Cross-Border Payment Cooperation

02/06/2026

The central banks of Cambodia and Rwanda have announced a payment linkage initiative to modernise systems and boost financial connectivity.

Capital Adequacy

Hong Kong SFC Fines XHK for Violating Capital and Client Money Rules

02/06/2026

The Hong Kong broker was penalised for significant breaches of liquid capital requirements and client money rules following a self-initiated report.

Structural Regulation

US Treasury Offers Relief to Sovereign Investors on Tax Rules

02/06/2026

The move provides grandfathering protection for existing investments and a transition period, following concerns from sovereign wealth funds over proposed changes to US tax rules.

Emerging Prudential Risks

FSB Flags AI and Geopolitical Conflict as New Financial Stability Risks

02/06/2026

The FSB has warned of new vulnerabilities, including from frontier AI models, alongside persistent risks in sovereign debt and private credit markets.

Reporting & Disclosures

Japan to Overhaul Corporate Disclosure Rules to Cut Overlap

02/06/2026

The move aims to reduce the reporting burden on listed companies by streamlining securities reports and business reports from the fiscal year 2027.

PEPs & Sanctions

OFAC Fines Global Advisory Firm for Russia Sanctions Breach

02/06/2026

The US consulting firm indirectly extended prohibited debt to a sanctioned Russian bank in connection with a civil litigation case in Singapore.