AI Risk & Governance

Korea Launches First AI Assessment Framework for Finance

14/08/2026

Korea's Financial Security Institute has developed a specialised framework to assess the safety and trustworthiness of AI in finance.

Reporting & Disclosures

Australia Court Fines Fiducian A$7.3m for ESG Fund Greenwashing

14/08/2026

The investment manager was penalised for misleading statements and governance failures related to a fund marketed as 'ethical' but holding fossil fuel investments.

Structural Regulation

Prop Trading Firms Won't Receive Carried Interest Tax Breaks, Hong Kong Clarifies

14/08/2026

The government has clarified that its new tax concession bill will not apply to proprietary trading firms, refuting recent media speculation.

Cryptocurrency

Korea Finalises Tougher VASP Rules, Mandates On-site Audits

14/08/2026

New rules effective 20 August expand shareholder scrutiny, mandate pre-approval for major changes, and set a 200 percent debt-to-equity ratio.

Trading & Investment

HKEX to Float Discussion Paper on Extending Trading Hours

13/08/2026

HKEX is moving ahead with discussions on longer trading sessions despite broker concerns, amid growing competition from global peers.

Anti-Money Laundering

Korea to Abolish Crypto Travel Rule Threshold, Tighten VASP Oversight

13/08/2026

Regulators will expand the travel rule to all crypto transfers and impose stricter financial and operational requirements on virtual asset service providers.

Anti-Money Laundering

New Zealand DIA Adopts ‘Stewardship’ Approach to AML Supervision

13/08/2026

Senior DIA official John Sneyd says the agency’s intelligence-led strategy is based on stewardship, partnerships, and a shared objective: defeating organised crime.

Stablecoins

StanChart-backed Venture Launches Regulated HKD Stablecoin

13/08/2026

Anchorpoint has begun a phased rollout of its licensed stablecoin, with licensed exchanges HashKey and OSL joining as initial distributors.

Operational Risk

RBNZ Proposes Prudential Levy to Fund Financial Regulation

13/08/2026

The RBNZ has detailed plans for an industry-funded levy to recover NZD 70 million annually for its supervisory costs.