Resolution & Recovery

US Federal Regulators Approve Resolution Plans of APAC Banks

25/05/2026

US agencies have reviewed the 2025 resolution plans of numerous foreign banks, finding no shortcomings in submissions from major APAC institutions.

Sustainable Finance

Singapore, World Bank Launch Programme to Bolster Carbon Markets

25/05/2026

The new initiative aims to build technical capacity and digital infrastructure to help developing nations participate in high-integrity carbon trading.

Conduct, Culture & Accountability

New Zealand FMA Chief Samantha Barrass to Step Down in 2027

25/05/2026

Samantha Barrass will not seek reappointment after a term overseeing significant regulatory expansion, including the new CoFI regime.

Custody & Infrastructure

Korea Tax Service to Overhaul Crypto Seizure System After Theft

25/05/2026

The National Tax Service is revamping its procedures for seizing and holding digital assets following a KRW 6 billion security breach.

Credit Risk

China Tightens Oversight of Bond Rating Terminations - Report

25/05/2026

Regulators are requiring credit rating agencies to report issuer-requested terminations amid concerns some firms are using the practice to avoid downgrades.

Payments & Settlements

Eurobank Launches Greece-India UPI Remittances

25/05/2026

The Greek lender has launched a near-real-time payment service from Greece and opened a representative office in Mumbai.

Market Risk

Bank Indonesia to Tighten Rules on Retail Forex Transactions

25/05/2026

The central bank is lowering the monthly limit for cash forex purchases without underlying documents as part of a package to support the rupiah.

Anti-Money Laundering

US Charges Chinese Nationals for Laundering Funds for Cartels

25/05/2026

Unsealed indictment details how two Chinese nationals used mirror transfers and trade-based schemes to launder funds for Mexican drug cartels.

Structural Regulation

SEBI Overhauls Monthly Reporting Framework for Mutual Funds

25/05/2026

The new format, effective June 2026, mandates granular reporting on systematic investment plans and aligns with updated fund categorisation rules.