Conduct, Culture & Accountability

HKEX Renews CEO Bonnie Chan’s Contract for Second Term

18/08/2026

The reappointment, approved by the SFC, includes a 20 percent basic salary increase and extends Chan's leadership to early 2030.

Data Privacy

Korea to Phase Out Data Scraping in Shift to Secure APIs

18/08/2026

Regulators will allow a transitional period for financial firms to move away from data scraping, seeking to minimise disruption to digital financial services.

Payments & Settlements

HKEX to List First Shanghai FTZ Bond in Yuan Hub Defence

18/08/2026

The CNY 1.5 billion issuance is the first FTZ offshore bond to be listed on HKEX and settled through onshore infrastructure operated by ChinaClear.

Structural Regulation

Australia's FSC Proposes Major Overhaul of Advice Supervision

17/08/2026

New white paper recommends shifting from reactive enforcement to proactive, risk-based supervision of advice licensees, funded by a recalibrated ASIC levy.

AI Risk & Governance

New Zealand Consumers Demand Human Oversight for AI in Finance

17/08/2026

A new report shows New Zealanders are highly cautious of AI making financial decisions, demanding stronger governance, transparency, and human accountability from financial firms.

Sustainable Finance

Climate Bonds Initiative to Pilot Australian Taxonomy for Certification Scheme

17/08/2026

A new ‘equivalence’ methodology will allow Australian taxonomy-aligned projects to gain Climate Bonds Certification, boosting interoperability and green investment.

Cybersecurity

Australia to Test Cyber Defences of A$4.5 Trillion Super Sector

17/08/2026

Regulators and over 50 financial institutions will simulate a major cyber attack to test collective response and information sharing protocols.

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.