Fraud, Scams & Cybercrime

Korean Banks KRW 49 Billion Loan Fraud Sparks Regulatory Scrutiny

17/08/2026

Four major lenders have revealed snowballing losses from organised property loan schemes, placing their internal control systems under the microscope of the FSS.

Stablecoins

Hong Kong Tests Regulated Stablecoin for Insurance Payments

17/08/2026

The trial involved HashKey Exchange and insurer YF Life using the HKDAP stablecoin, testing a use case for the city’s new stablecoin regulatory framework.

Trading & Investment

ASIC Warns Online Brokers Over Risky Retail Products

17/08/2026

ASIC has flagged significant failings in how online brokers offer complex products, with some firms already halting activities.

Operational Risk

RBNZ Official Outlines Key Priorities for Prudential Regulation

17/08/2026

The newly appointed Assistant Governor for Financial Stability said the RBNZ is focusing on a forward-looking, evidence-based approach to supervision.

Trading & Investment

Hang Seng TECH Index to Overgo Major Overhaul

14/08/2026

The index compiler is consulting on expanding constituents and adding a sales growth criterion to better reflect the technology landscape.

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.