Payments & Settlements

Australia Proposes Sweeping Reforms to Card Payments and Surcharges

15/07/2025

The RBA has unveiled plans to ban most card surcharges and slash domestic and cross-border interchange fees in a major industry shake-up.

Emerging Prudential Risks

RBNZ Urges Banks to Study Risks Arising From Ageing Population

15/07/2025

The central bank is urging financial institutions to prepare for gradual but significant changes driven by an ageing population.

Payments & Settlements

RBNZ to Open New Phase of ESAS Applications in September

15/07/2025

The next phase of ESAS applications may include payment service providers, overseas deposit takers and operators of designated FMIs.

CBDCs

HSBC Completes DLT Tests Under HKMA's e-HKD Project

15/07/2025

HSBC has completed experiments on DLT interoperability and privacy tech, as a survey shows strong public demand for transaction privacy.

Emerging Prudential Risks

HKMA Calls for Enhanced NBFI Monitoring to Counter Stability Risks

15/07/2025

HKMA’s Darryl Chan has called for agile regulation and international cooperation to manage threats from global fragmentation, innovation, and market volatility.

Structural Regulation

New Zealand FMA Launches Review into Financial Advice Access

15/07/2025

The FMA is examining barriers to advice, including subdued digital innovation, compliance costs, and adviser confidence under the new regime.

Capital Adequacy

SFC Consults On Capital Rule Overhaul for OTC Derivatives Dealers

15/07/2025

The SFC is consulting on Basel III-aligned rules, creating new categories for dealers and introducing the first capital treatments for virtual asset derivatives.

Credit Risk

AFCA Refines Responsible Lending Approach After Industry Feedback

14/07/2025

AFCA has updated its approach to responsible lending, clarifying loss calculations and serviceability assessment processes following consultations in 2023.

Fraud, Scams & Cybercrime

Australian Court Dismisses Appeal By Unlicensed Lenders

11/07/2025

Cigno Australia and BSF Solutions were found to have charged over AUD 70 million in fees on AUD 34 million in loans through an unlawful model in a case brought by ASIC.