AI, Technology & Data

Emerging Prudential Risks

China Puts Major Financial Legislation on 2026 Agenda

By Editors | 13/05/2026

The legislative plans signal a major focus on financial stability, market unification, and strengthening foreign-related and supply chain laws.

AI Risk & Governance

China Issues New Framework to Govern AI Agents

By Mark Johnston | 12/05/2026

New rules aim to balance innovation with security, setting clear guidelines for AI agent development and application across various key sectors.

Anti-Money Laundering

AUSTRAC Flags AI, Crypto Threats in Updated Risk Assessments

By Sanday Chongo Kabange | 12/05/2026

AUSTRAC has released updated risk assessments, highlighting the growing role of AI and crypto in illicit finance and detailing major AML reforms.

Fraud, Scams & Cybercrime

Indonesia, Australia Deepen Ties to Combat 'Systemic' Scam Risk

By Sanday Chongo Kabange | 12/05/2026

OJK reveals over 530,000 fraud cases, outlining a new four-pillar strategy and enhancing cross-border cooperation to tackle the growing threat.

AI Risk & Governance

Japan FSA to Develop Shared AI Agent for Regional Banks

By Mark Johnston | 12/05/2026

The project aims to improve efficiency and ease staffing pressures by providing a centrally developed conversational AI for customer service at around 100 institutions.

Cybersecurity

IMF Warns of Systemic Risk from AI-Fuelled Cyberattacks

By Manesh Samtani | 11/05/2026

The IMF is urging a ‘resilience-first’ policy response as advanced AI models amplify cyber threats to the global financial system.

AI Risk & Governance

KOTEC Becomes Korea's First 'AI Ethics Compliant' Public Institution

By Mark Johnston | 11/05/2026

KOTEC will partner with the National Information Society Agency to establish an AI ethics framework and promote responsible adoption among SMEs.

Cybersecurity

Indian Banks Told to Prepare for ‘Mythos’ AI Cyber Threat

By Nithya Subramanian | 11/05/2026

India’s MOF has urged banks and insurers to strengthen cyber resilience against emerging AI threats targeting legacy systems.

Operational Risk

Taiwan Mandates 'Three Chiefs' in Overhaul of Bank Internal Controls

By Editors | 10/05/2026

New rules introduce a 'three lines model', require dedicated compliance, risk and info-sec chiefs, and embed ESG and operational resilience.