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Reporting on regulatory requirements, enforcement actions, and best practices to safeguard financial institutions and markets against cyber threats, data breaches, and vulnerabilities through proactive measures.

Fraud, Scams & Cybercrime
Hong Kong Reports HKD 5 Billion in Scam Losses So Far in 2025
By Sanday Chongo Kabange | 13/10/2025
The Security Bureau has revealed that mainland students are a key target, as HKPF partners with tech firms and universities on new prevention measures.

KYC & CDD
SEBI to Allow Digital KYC for NRIs, AI-Powered Surveillance for HFT
By Nithya Subramanian | 13/10/2025
Addressing market manipulation and HFT, SEBI is set to introduce a sophisticated, AI-driven predictive surveillance system alongside mandatory "air gap" cybersecurity protocols.

Operational Risk
ASIC Warns of 'Significant' Gaps in Offshore Outsourcing Controls
By Sanday Chongo Kabange | 13/10/2025
A review by ASIC has found serious weaknesses in how financial advice licensees and fund managers oversee offshore providers, exposing consumers to harm.

AI Risk & Governance
BIS Urges Greater Collaboration Among Central Banks on AI
By Manesh Samtani | 13/10/2025
New report details AI use in AML and supervision, but warns of data governance, concentration, and cyber security challenges.

AI Risk & Governance
India, UK Launch Fintech Corridor Linking GIFT City and London
By Nithya Subramanian | 13/10/2025
The collaboration is expected to boost cross-border innovation, deepen capital market ties, and promote collaboration in fintech, AI, and digital public infrastructure.

Cybersecurity
SEBI Preparing for Quantum Safe Financial Sector by 2029
By Nithya Subramanian | 12/10/2025
SEBI has an action plan and capacity-building measures to protect against future quantum threats, including replacing current encryption standards.
AI Risk & Governance
MAS Launches AI Knowledge Hub for Financial Sector
By Nithya Subramanian | 10/10/2025
The knowledge hub, launched under the PathFin.ai programme, is part of a broader push to strengthen responsible AI adoption and workforce upskilling in the financial sector.

Emerging Prudential Risks
Emerging Vulnerabilities in Banking Require Vigilance: AMRO
By Nithya Subramanian | 10/10/2025
AMRO financial stability report urges greater vigilance on lending, cross-border exposures, and digital finance risks.

Cloud & Infrastructure
China Issues New Cloud Computing Standardisation Roadmap
By Manesh Samtani | 10/10/2025
The plan aims to create over 30 new national and industry standards, with a focus on security, data, and financial sector applications.

Payments & Settlements
India Mandates Biometric UPI Payments, Shifts Liability to Banks
By Mark Johnston | 10/10/2025
Regulators have approved new biometric authentication methods for India’s UPI payments system, making banks fully liable for any safeguard failures.
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