
Sanday Chongo Kabange is an experienced multimedia journalist and a contributor to Regulation Asia. He focuses on compliance, regulatory and legal issues for financial services.

Operational Risk
ASIC Criticises Australian Banks Over Mortgage Offset Failings
30/07/2026
ASIC review found systemic failures in how banks manage mortgage offset accounts, leading to significant financial harm for customers.

Cloud & Infrastructure
Korea FSS Issues New Rules on Third-Party IT Risk Management
30/07/2026
New guidelines make boards ultimately responsible for IT outsourcing risks, mandating a new control framework and lifecycle management for vendors.

Cybersecurity
Hong Kong Flags Third-Party Cyber Risk After System-Wide Mapping
30/07/2026
A joint exercise by four regulators finds no major new systemic risks but highlights concentration in certain third-party service providers, warranting closer supervision.

Capital Adequacy
New Zealand Finalises Bank Capital Rules After Industry Pushback
30/07/2026
The RBNZ has amended its approach to farm and SME lending risk weights and introduced a transition period following industry consultation.

Cloud & Infrastructure
Korean FIs Respond to Rule Relaxations by Adopting Copilot
30/07/2026
Relaxed rules for using cloud and AI services have enabled FIs to accelerate the adoption of generative AI for internal operations.

Conduct, Culture & Accountability
Australian Banks Told to Look Beyond Staff Error for Code Breaches
30/07/2026
New report reveals over 9,000 banking code breaches in six months, and calls on FIs to address systemic issues rather than blaming employees.

Fraud, Scams & Cybercrime
Hong Kong to Mandate Biometric Checks for MPF Withdrawals
29/07/2026
The move aims to combat fraud by requiring most members to use the 'iAM Smart' app for real-time facial identification when accessing retirement funds.

Stablecoins
BPI to Pilot Stablecoin Remittances Under Central Bank Coordination
29/07/2026
The bank is testing a stablecoin-based settlement system for cross-border payments in coordination with the BSP.

Fraud, Scams & Cybercrime
Thailand to Tighten Crypto Mining Imports After Major Electricity Theft Bust
29/07/2026
A crackdown on an illegal crypto mining operation causing THB 280 million in damages has prompted the prime minister to order a review of import controls for mining hardware.

Clearing & Post-Trade
ASX Finance Chief to Retire Amid Leadership Overhaul
29/07/2026
The departure adds to senior management turnover as the exchange navigates a critical technology rebuild under intense regulatory scrutiny.
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