Operational Risk

BCBS Issues New Report Offering Guidance on ICT Risk Management

03/06/2026

New report finds change control, systems design, and third-party dependencies are key sources of non-malicious ICT incidents at banks.

Conduct, Culture & Accountability

Australia Launches Review of Corporate and Tax Whistleblower Protections

03/06/2026

The statutory review will examine the effectiveness of 2019 reforms and consider key divergences between the corporate and tax frameworks, including penalties and access to justice.

Trading & Investment

Hong Kong and Kazakhstan Deepen Ties with Finance and Tech Pacts

03/06/2026

A high-level Hong Kong delegation has signed seven agreements in Astana, aiming to boost cooperation in technology, finance, and trade.

CBDCs

Macau Joins mBridge CBDC Platform to Boost Cross-Border Payments

02/06/2026

Macau's central bank has become a full participant in the multilateral project, authorising eleven local banks to use the platform for transactions.

Custody & Infrastructure

HK Lawmakers Discuss Rule Proposals for Virtual Assets, Finfluencers

02/06/2026

Lawmakers are considering new licensing regimes for a range of virtual asset services, while the SFC plans a comprehensive review of financial influencer conduct.

Conduct, Culture & Accountability

KPMG Australia CEO and Audit Head Resign Amid Whistleblower Scandal

02/06/2026

The firm has admitted to mishandling allegations of client data misuse, prompting an investigation by the corporate regulator and a review of its internal culture.

Supervision & Enforcement

Korea FTC to Revive ‘Grim Reaper’ Unit, Introduce Break-Up Powers

02/06/2026

The regulator is launching a major overhaul, introducing structural remedies and personal fines for executives, and probing an alleged insurance cartel.

Operational Risk

HKMA Directs Banks to 'Sustain and Uplift' Operational Resilience

02/06/2026

The regulator has outlined its expectations for firms to treat operational resilience as ‘business as usual’ following a multi-year implementation phase.

Fraud, Scams & Cybercrime

Korea Expands Account Freezing Powers to Combat New Phishing Scams

02/06/2026

New guidelines will allow financial institutions to suspend accounts linked to romance and investment fraud, closing a key regulatory gap.