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Data Privacy
Korean Police Probe Kakao Pay Over Data Transfer to Alipay
By Mark Johnston | 15/05/2026
The investigation follows a referral from the FSS, which has already fined Kakao Pay over KRW 12.9 billion for the breaches.

AI Risk & Governance
KRX Deploys AI for Market Surveillance and Index Operations
By Nithya Subramanian | 15/05/2026
Korea Exchange is deploying technology from its newly acquired startup, FairLabs, to automate disclosure analysis and strengthen its data business.

Payments & Settlements
RBI Overhauls Rules for Non-Bank Outward Remittances
By Nithya Subramanian | 15/05/2026
India’s central bank has removed a prior approval rule, placing full compliance responsibility for non-bank remittance partnerships on banks.

Cybersecurity
Japan Megabanks to Gain Access to Anthropic's Mythos AI to Bolster Cyber Defences
By Mark Johnston | 15/05/2026
New public-private working group will develop countermeasures as top banks prepare to use the powerful, restricted cybersecurity model.

Structural Regulation
Australia Proposes to Expand Central Bank's Information Sharing Powers
By Sanday Chongo Kabange | 14/05/2026
New regulations will allow the RBA to share protected information with domestic cyber security, border, and debt management agencies.

Structural Regulation
Australian Regulators Unveils Implementation Plan for Regulatory Reform Roadmap
By Sanday Chongo Kabange | 13/05/2026
Australian regulators have released an implementation plan with over 50 initiatives to improve efficiency, streamline data collection, and reduce duplication.

Structural Regulation
HKMA Launches Digital Platform for Senior Management Approvals
By Editors | 13/05/2026
The new platform will streamline the appointment process for senior bank roles, with paper-based submissions to be discontinued from 1 October 2026.

Anti-Money Laundering
Clarity Needed in FATF R16 Guidance to Prevent De-Risking: RUSI Analyst
By Manesh Samtani | 13/05/2026
Forthcoming guidance on the FATF’s revised Recommendation 16 must provide clear, practical rules to avoid harming financial inclusion.

Payments & Settlements
Malaysia, Indonesia Deepen Cooperation on Payments and Digitalisation
By Editors | 13/05/2026
The central banks have signed a new agreement to enhance collaboration on areas including payment systems, digitalisation, and financial stability.

Payments & Settlements
PBOC Drafts New Rules for Unified Bank Account System
By Editors | 13/05/2026
PBOC is seeking comment on draft rules for its new unified account management system, consolidating regulations and detailing data security requirements.
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