Fraud, Scams & Cybercrime

Korea Probes Fraudulent Tech Credit Reports Tied to KRW 157 Billion in Bank Loans

14/10/2026

South Korean police are investigating suspected fake technology credit evaluations that led to over KRW 150 billion in corporate bank loans.

Payments & Settlements

Swift Appoints New Supervisory Board to Accelerate Strategic Work

14/10/2026

Swift has announced a 15-member Supervisory Board to govern the cooperative, navigate emerging technologies, and strengthen cross-border payment resilience.

Fraud, Scams & Cybercrime

Evergrande Liquidators Face Counter-Suit in Hong Kong

13/10/2026

China Evergrande Group’s liquidators and a former business associate have launched competing multi-billion dollar lawsuits in Hong Kong.

Credit Risk

Japan to Open Bank Data to Researchers for Evidence-Based Policy

13/10/2026

Japan will grant academics access to detailed banking data this fiscal year to identify hidden credit risks and improve financial oversight.

Supervision & Enforcement

Australian Court Fines Insurer in First-Ever Good Faith Penalty

13/10/2026

The Federal Court has penalised Hollard Insurance Partners for severe claim-handling delays that left a family's home uninhabitable.

Payments & Settlements

Australian Banks Defends Payment Costs Over Surcharging Ban

13/10/2026

The ABA has highlighted that banks are absorbing AUD 900 million in fee reductions amid the new surcharging reforms.

Capital Adequacy

Vietnam Secures First Investment-Grade Rating From Japan’s R&I

13/10/2026

Japan’s R&I has upgraded Vietnam to BBB-, lowering risk weights for qualifying banks and supporting Hanoi's broader capital market and regulatory ambitions.

PEPs & Sanctions

OFAC Penalises Logistics Firm for China-Linked Sanctions Breaches

13/10/2026

Pegasus Worldwide Logistics has agreed to pay $175,015 for violating counter-narcotics sanctions involving a designated Chinese supplier.

PEPs & Sanctions

US Sanctions ICC, Raising Risks for Banking and Technology Access

13/10/2026

US exemptions provide a six-month reprieve for certain transactions, as Japan, Canada and European governments reaffirm support for the court and consider countermeasures.