Payments & Settlements

Philippines Lifts Digital Fee Freeze, Sets New Pricing Rules

22/06/2026

The BSP has ended its five-year freeze on digital transfer fees, introducing a new framework that requires cost-based, transparent pricing and new AML duties for payment operators.

AI Risk & Governance

Korea Finalises Detailed AI Rulebook for Finance

22/06/2026

Regulators have released detailed guidelines for AI, mandating a risk-based framework, human-in-the-loop for high-risk systems, and specific measures for financial stability.

Payments & Settlements

RBA Demands Faster Implementation of Governance Enhancements for RITS

22/06/2026

Australia’s high-value payment system faces scrutiny over governance and risk management, with the central bank highlighting slow progress on key reforms.

Fraud, Scams & Cybercrime

New ASIC Chair Warns Banks on Systemic Failures, Scams and AI Governance

22/06/2026

New ASIC Chair Sarah Court has warned banks against 'bungling the basics' while outlining key enforcement priorities including scams, financial hardship and AI governance.

Alternative Markets

Australia Proposes New Capital Gains Tax Concession for Startups

21/06/2026

The Treasury has opened consultation on a new tax break for investors in innovative start-ups, designed to run alongside broader capital gains tax reforms set to begin in 2027.

Resolution & Recovery

RBNZ Launches Final Consultations on New Deposit Taker Regime

19/06/2026

The RBNZ is seeking feedback on the final tranche of technical standards and a new crisis preparedness policy package under the Deposit Takers Act.

KYC & CDD

Hong Kong Passes Bill to Bolster Tax Transparency Rules

19/06/2026

The new law mandates registration for FIs, enhances record-keeping, and raises penalties to align with global tax transparency standards.

Structural Regulation

Hong Kong Proposes Banking Licence Fee Hikes of Up to 24 Percent

19/06/2026

Hong Kong's government has proposed increasing various banking licence fees, expecting minimal impact on firms and the city's competitiveness.

Credit Risk

ASIC Puts Australian Private Credit Funds on Notice Over Valuations

19/06/2026

ASIC has warned the private credit sector to ensure its upcoming asset valuations are accurate and realistic amid tightening market conditions.