AI Risk & Governance

AI Risk & Governance

APEC Ministers Adopt Incheon Plan for AI and Financial Regulation

By Nithya Subramanian | 22/10/2025

Finance ministers from 21 APEC economies have endorsed a new five-year roadmap that puts AI innovation, digital finance resilience, and inclusive access at the centre of regional financial cooperation.

Reporting & Disclosures

BIS, HKMA Unveil AI Platform to Tackle Scope 3 Emissions

By Manesh Samtani | 20/10/2025

Project Symbiosis proof-of-concept uses AI to help firms and SMEs report Scope 3 data and access sustainable finance.

Supervision & Enforcement

Egypt and China Sign MoU to Bolster Banking Supervision Cooperation

By Mark Johnston | 17/10/2025

The agreement focuses on cross-border supervision, information sharing, and adopting new technologies for regulatory oversight between the two nations.

Custody & Infrastructure

MAS Launches BLOOM Initiative to Advance Settlement Capabilities

By Nithya Subramanian | 17/10/2025

Building on Project Orchid, the platform creates a unified digital settlement framework for seamless multi-currency transfer and tokenised asset redemption.

AI Risk & Governance

Finance Sector Risks Losing Public Trust Over AI Ethics, Report Warns

By Sanday Chongo Kabange | 16/10/2025

A new report by the ACCA and the CISI urges action on skills and governance, highlighting risks from 'black box' algorithms, audit automation and undisclosed data sharing.

AI Risk & Governance

India Enlists Accounting Body for Sovereign AI Model Development

By Mark Johnston | 16/10/2025

The ICAI will provide financial data from listed companies to support the nation's sovereign AI ambitions.

AI Risk & Governance

HKMA Announces Second Cohort of GenAI Sandbox Participants

By Sanday Chongo Kabange | 16/10/2025

The cohort includes 27 use cases from 20 banks, with a focus on AI governance and using AI to test systems against sophisticated fraud.

AI Risk & Governance

Malaysia Launches First Industry-Wide Skills Platform for Financial Sector

By Nithya Subramanian | 15/10/2025

The digital platform benchmarks workforce capabilities and accelerates upskilling across Malaysia’s financial sector in line with national talent goals.

Payments & Settlements

NPCI, Razorpay, OpenAI Team Up to Pilot ‘Agentic Payments’

By Nithya Subramanian | 14/10/2025

In this initiative, AI and UPI converge in a bid to make digital payments more intuitive and inclusive, enabling secure, user-authorised transactions powered by intelligent assistants.