Anti-Bribery & Corruption

Hong Kong ICAC Charges Three Former HSBC Staff for Bribery Scheme

31/07/2026

The former relationship managers allegedly accepted payments to help customers referred by an insurance agent to bypass queues for opening bank accounts.

Fraud, Scams & Cybercrime

New Zealand FMA Flags Significant Increase in Mortgage Fraud

31/07/2026

FMA chief executive outlines priorities, citing a 20-fold rise in mortgage fraud complaints and a growing advice gap for retirees.

Stablecoins

Korea's Coupang, Woori Bank Pilot Stablecoin in Real-time Payments

31/07/2026

Coupang, Woori Bank and others are testing KRW-denominated stablecoins for real-time settlement ahead of the establishment of Korea's new digital asset framework.

Credit Risk

Korea to Launch New Credit Scoring Model for Small Businesses

31/07/2026

Sixteen banks will pilot an AI-based model using non-financial data to improve loan access for small business owners.

Fraud, Scams & Cybercrime

BSP Warns Philippine Banks of Scam Liability

31/07/2026

The central bank confirmed that FIs must now reimburse scam victims if their anti-fraud systems fail to meet new legal standards.

Operational Risk

ASIC Uncovers Widespread Failings in Bank Mortgage Offset Accounts

30/07/2026

Customers were overcharged millions in interest due to systemic errors, prompting ASIC to order banks to strengthen controls and remediate affected clients.

Cloud & Infrastructure

Korea FSS Issues New Rules on Third-Party IT Risk Management

30/07/2026

New guidelines make boards ultimately responsible for IT outsourcing risks, mandating a new control framework and lifecycle management for vendors.

Cybersecurity

Hong Kong Flags Third-Party Cyber Risk After System-Wide Mapping

30/07/2026

A joint exercise by four regulators finds no major new systemic risks but highlights concentration in certain third-party service providers, warranting closer supervision.

Capital Adequacy

New Zealand Finalises Bank Capital Rules After Industry Pushback

30/07/2026

The RBNZ has amended its approach to farm and SME lending risk weights and introduced a transition period following industry consultation.