Structural Regulation

Philippines Set to Lift Moratorium on New Online Lenders on 1 Aug

10/07/2026

The SEC is ending its nearly five-year freeze on new online lending platforms, introducing a strict new framework with higher capital requirements and enhanced consumer protection rules.

Reporting & Disclosures

Australia Merges Standard-Setters to Form New Reporting Body

10/07/2026

Australia has overhauled its financial reporting landscape, merging three key bodies into a single entity responsible for accounting, audit, and new sustainability standards.

Conduct, Culture & Accountability

BSP Proposes New Financial Consumer Protection Framework

09/07/2026

The BSP has drafted rules to establish a distinct supervisory and enforcement regime for financial consumer protection.

Structural Regulation

APRA Consults on Overhaul of Superannuation Reporting Standards

09/07/2026

APRA is seeking feedback on changes to streamline superannuation data reporting, finalising its transition to the APRA Connect platform.

Cybersecurity

BSP Issues Guidance on Cyber Risks Related to Frontier AI

09/07/2026

The BSP has urged financial institutions to strengthen their defences against emerging threats from advanced AI systems.

Emerging Prudential Risks

Korea FSS Flags Risks From Debt-Fuelled Investing and Incomplete Sales

09/07/2026

The FSS has directed firms to strengthen risk controls amid rising market volatility, highlighting concerns over leveraged investing, third-party risks in insurance, and inadequate consumer protection.

Payments & Settlements

BSP to Ask FIs to Explain Justification for Digital Transfer Fees

09/07/2026

The BSP is meeting with financial firms that have not complied with new rules on fair pricing for digital transfers, warning of potential future sanctions.

Operational Risk

New Zealand FMA Flags Operational Resilience Weaknesses in Insurers

09/07/2026

A thematic review by the FMA has found significant gaps between policy and practice, particularly in technology, outsourcing, and governance.

Fraud, Scams & Cybercrime

Australia Launches Taskforce to Combat Rise in Online Gambling Scams

09/07/2026

A new multi-agency fusion cell will target 'scambling', a scam type disproportionately impacting First Nations communities, with reported losses tripling.