AI, Technology & Data

    AI Risk & Governance

    Hong Kong AFRC Issues AI Governance Guidance for Accountants

    By Sanday Chongo Kabange | 27/02/2026

    The AFRC has detailed the risks of AI use in the accounting profession and expectations around governance and accountability.

    Emerging Prudential Risks

    BCBS Consults on New Consolidated Framework for Banking Guidelines

    By Manesh Samtani | 27/02/2026

    The move aims to consolidate and streamline existing materials, cutting volume by 75%, without introducing new prudential expectations for banks.

    Cybersecurity

    MAS Tightens Incident Reporting Framework for Fund Managers, Trust Firms

    By Nithya Subramanian | 27/02/2026

    MAS has introduced stricter one-hour breach notifications and mandatory 24-hour and 14-day incident reporting requirements, seeking to strengthen standards across Singapore’s financial sector.

    AI Risk & Governance

    Korea Launches Automated Service for Requesting Lower Loan Rates

    By Sanday Chongo Kabange | 26/02/2026

    New service allows MyData firms to automatically request lower loan rates for consumers, aiming to boost uptake of an existing right.

    Fraud, Scams & Cybercrime

    Asia Pacific and the Shape of Fraud to Come

    By Bradley Maclean | 26/02/2026

    As scams become an industrial operation in Asia-Pacific, the region offers a glimpse into the future of global digital fraud.

    Cloud & Infrastructure

    Sri Lanka Launches Centralised Insurance Data Repository

    By Nithya Subramanian | 26/02/2026

    The IRCSL has launched a data repository in partnership with CRIB, aiming to enhance risk assessment, curb fraud, and modernise the insurance sector through unified, real-time data sharing.

    Payments & Settlements

    Philippines Tables Bill to Mandate Digital Payments for Government and Merchants

    By Sanday Chongo Kabange | 26/02/2026

    A sweeping bill advancing in the Philippine legislature seeks to mandate digital payments for both government and merchant transactions, creating a new multi-agency oversight body.

    Data Privacy

    Vietnam Weighs Linking Social Media Accounts to National ID System

    By Nithya Subramanian | 26/02/2026

    The initiative is aimed at curbing fake accounts, strengthening cybersecurity, and accelerating the country’s broader digital transformation goals.

    Structural Regulation

    India’s IFSCA Proposes New Framework for Electronic Trading Platforms

    By Nithya Subramanian | 25/02/2026

    The draft framework mandates USD 1 million minimum net worth and "fit and proper" management for GIFT City electronic trading platforms.

    AI Risk & Governance

    RBI Partners with Digital India to Launch Multilingual Banking AI

    By Nithya Subramanian | 25/02/2026

    The partnership will develop AI language models for banking, aimed at enhancing financial inclusion by enabling services in multiple Indian languages.

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