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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.

Data Privacy
Australia Proposes Major Overhaul of CDR and Digital ID Standards Process
By Sanday Chongo Kabange | 01/05/2026
The proposals aim to create a more predictable, transparent, and less burdensome standards development lifecycle for regulated entities.

Cybersecurity
New Zealand FMA Releases Data Revealing Digital Surge in Advice Market
By Sanday Chongo Kabange | 01/05/2026
Regulatory returns data released by the FMA shows a 10 percent rise in financial advice providers and a 90 percent jump in the number of clients receiving digital advice.

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.

Data Privacy
China Overhauls Rules for Online Fundraising, Banning Commercial Ads
By Manesh Samtani | 30/04/2026
New measures introduce stricter governance, operational requirements, and data retention rules for platforms facilitating charitable donations and personal appeals.

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.
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