AI Risk & Governance

Cybersecurity

Korea's FSS to Intensify Cyber Drills, Introduce AI Red Teaming

By Mark Johnston | 04/05/2026

Regulators will double the frequency of unannounced mock hacking exercises and introduce new tests for vulnerabilities in generative AI services.

Credit Risk

China Expands Lending Programme for Tech Innovation and Equipment Upgrades

By Mark Johnston | 04/05/2026

China’s key financial authorities have expanded a re-lending programme to include R&D-intensive SMEs and new sectors like artificial intelligence.

Operational Risk

Philippines SEC Sets New Direction for Digital Lending Oversight

By Sanday Chongo Kabange | 01/05/2026

The regulator is advancing a preventive framework through proposed new guidelines to address rising consumer complaints and structural risks in the digital credit market.

Cybersecurity

India Bars Banks from Using Anthropic's ‘Mythos’ Over Security Fears

By Nithya Subramanian | 01/05/2026

The pre-emptive guidance comes as India negotiates with the US for equitable access to the powerful, unreleased cyber-attack model.

Fraud, Scams & Cybercrime

Digital Innovation Poses Risks to Consumer Financial Health: BIS Paper

By Manesh Samtani | 01/05/2026

New paper warns that the benefits of digital finance are emerging alongside new vulnerabilities, highlighting the crucial role of regulators.

AI Risk & Governance

Goldman Sachs Restricts Anthropic AI Access in Hong Kong

By Sanday Chongo Kabange | 30/04/2026

Goldman Sachs has blocked staff in Hong Kong from using Anthropic’s Claude AI models, highlighting the impact of US-China tech tensions on global finance.

AI Risk & Governance

Philippine Think Tank Calls for AI Governance to Boost Financial Inclusion

By Sanday Chongo Kabange | 30/04/2026

New study highlights a growing gap between digital adoption and financial inclusion, urging policy alignment on artificial intelligence and cybersecurity.

AI Risk & Governance

APRA Demands ‘Step-Change’ in AI Risk Management

By Sanday Chongo Kabange | 30/04/2026

The regulator has warned that firms' governance, risk management and assurance practices are failing to keep pace with the rapid adoption of AI.

Cybersecurity

Korea Urges Banks to Boost Security Investment Amid AI Threats

By Mark Johnston | 30/04/2026

The FSS governor has warned of emerging cyber threats from AI models as the country relaxes long-standing network separation rules for financial firms.