Fraud, Scams & Cybercrime

Brunei Fortifies Defences Against Online Scams with New Watchdog Portal

12/08/2026

The government announces a multi-pronged strategy, including the Scamwatch portal, to fast-track reporting, enhance enforcement, and protect the public from rising financial cybercrime.

Cybersecurity

Australia’s Bendigo Bank Agrees to A$8m for BEAR Breaches

12/08/2026

APRA has penalised the bank for cybersecurity and governance failures that led to a 2023 cyber attack.

Market Risk

HKMA Expands Substituted Compliance Scope for Margin Rules

12/08/2026

The move aligns Hong Kong’s list of comparable jurisdictions with BCBS members, broadening substituted compliance for non-centrally cleared derivatives.

Supervision & Enforcement

ASIC Financial Services Bannings Hit Five-Year High

12/08/2026

The regulator is increasingly using swift administrative powers to remove high-risk operators, with director disqualifications also more than doubling year-on-year.

Clearing & Post-Trade

Korea to Build Central Infrastructure for Unlisted and Fractional Shares

12/08/2026

The KSD is building a new platform to enable next-day settlement and cross-brokerage trading for OTC markets, with completion targeted by year-end.

Fraud, Scams & Cybercrime

Taiwan Banks Double Fraud Detection Precision With AI Alliance

12/08/2026

An eight-bank consortium, guided by the FSC, has successfully used federated learning to enhance fraud detection without sharing customer data.

Trading & Investment

KRX Plan for After-Hours ETF Trading Faces Industry Backlash

12/08/2026

Asset managers have voiced strong opposition to the plan, citing significant pricing and liquidity risks that could destabilise the market.

AI Risk & Governance

New Zealand Regulator Probes Use of AI in Financial Advice

11/08/2026

The regulator is seeking industry input through targeted surveys to understand the risks, opportunities, and regulatory implications of using AI in the sector.

Anti-Money Laundering

Hong Kong Police Dismantle Sophisticated HKD 600 Million Triad Laundering Ring

11/08/2026

An undercover operation has dismantled a highly organised syndicate, leading to 147 arrests and revealing a complex, multi-layered money laundering methodology.