AI Risk & Governance

AI Risk & Governance

China Issues New Framework to Govern AI Agents

By Mark Johnston | 12/05/2026

New rules aim to balance innovation with security, setting clear guidelines for AI agent development and application across various key sectors.

Anti-Money Laundering

AUSTRAC Flags AI, Crypto Threats in Updated Risk Assessments

By Sanday Chongo Kabange | 12/05/2026

AUSTRAC has released updated risk assessments, highlighting the growing role of AI and crypto in illicit finance and detailing major AML reforms.

AI Risk & Governance

Japan FSA to Develop Shared AI Agent for Regional Banks

By Mark Johnston | 12/05/2026

The project aims to improve efficiency and ease staffing pressures by providing a centrally developed conversational AI for customer service at around 100 institutions.

Cybersecurity

IMF Warns of Systemic Risk from AI-Fuelled Cyberattacks

By Manesh Samtani | 11/05/2026

The IMF is urging a ‘resilience-first’ policy response as advanced AI models amplify cyber threats to the global financial system.

AI Risk & Governance

KOTEC Becomes Korea's First 'AI Ethics Compliant' Public Institution

By Mark Johnston | 11/05/2026

KOTEC will partner with the National Information Society Agency to establish an AI ethics framework and promote responsible adoption among SMEs.

Cybersecurity

Indian Banks Told to Prepare for ‘Mythos’ AI Cyber Threat

By Nithya Subramanian | 11/05/2026

India’s MOF has urged banks and insurers to strengthen cyber resilience against emerging AI threats targeting legacy systems.

Cybersecurity

China Proposes Overhaul of Key Cybersecurity Standards

By Mark Johnston | 09/05/2026

China’s national standards body has released five draft cybersecurity standards for consultation, proposing significant updates to vulnerability management and risk assessment frameworks.

Alternative Markets

Korea Deploys Growth Fund for AI, Launches Retail Offering

By Mark Johnston | 08/05/2026

A state-backed fund is injecting capital into ‘sovereign AI’ while a new retail tranche offers government loss protection to encourage public participation.

Cybersecurity

ASIC Calls for Urgent Cyber Uplift as AI Accelerates Threats

By Sanday Chongo Kabange | 08/05/2026

ASIC has issued an open letter directing licensees and market participants to strengthen their cyber defences against AI-accelerated threats.