Anti-Bribery & Corruption

China Probes Former Top Anti-Graft and Securities Official

07/06/2026

The investigation into Li Xiaohong, who once led the securities regulator's disciplinary arm, signals a deepening of China's financial sector anti-corruption crackdown.

Operational Risk

Korea FSS Scrutinising Toss After KRW 2.1 Billion Payment Glitch

07/06/2026

The FSS has ordered system fixes and may conduct an on-site inspection following a major duplicate payment error.

Credit Risk

Malaysia Launches MYR 10bn Guarantee Schemes for SME Lending

07/06/2026

Credit Guarantee Corporation will risk-share with financial institutions to broaden financing access for SMEs, focusing on long-term growth and resilience.

Structural Regulation

India Tightens Silver Import Regime to Ease Pressure on Rupee

05/06/2026

The government has moved silver imports to a ‘restricted’ category, requiring specific authorisation to curb record-level shipments and ease currency pressure.

Capital Adequacy

Indonesian Banks Call for Directed Consolidation Blueprint

05/06/2026

Indonesia's banking association has told a parliamentary committee that a clear, government-led roadmap with incentives is needed to drive sector consolidation.

Fraud, Scams & Cybercrime

Sri Lanka Central Bank Calls for Joint Action on Financial Scams

05/06/2026

Regulator launches a national campaign, warning that rising fraud erodes trust in the financial system and undermines economic resilience.

Payments & Settlements

Australia's Eftpos to Implement Zero-Surcharge Limit from October 2026

05/06/2026

AP+ has confirmed a zero-surcharge limit for eftpos transactions, aligning with the RBA’s broader review.

Payments & Settlements

RBA to Launch Broad Review of Payments Regulation, Tackle Quantum Risk

05/06/2026

The central bank will consult on new payments rules and system-wide cryptographic standards amid emerging risks from quantum computing.

Anti-Money Laundering

Belgian Prosecutors Probe Wise Over AML Control Failures

05/06/2026

The fintech's European subsidiary is under an advanced investigation for alleged AML control failures, including inadequate customer identification and activity monitoring.