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Fraud, Scams & Cybercrime
Korea to Halve Audit Cycle in Accounting Fraud Crackdown
By Editors | 28/05/2026
Financial regulators will slash the audit cycle for listed firms to combat accounting fraud and enable swifter delisting of struggling companies.

Conduct, Culture & Accountability
NSE India Bans YES Securities from Onboarding New Clients
By Editors | 28/05/2026
The stock exchange has also fined the YES Bank subsidiary a total of INR 200,000 for passing on margin-related penalties to its clients.

Credit Risk
Korean Regulators to Conduct 'Frequent Monitoring' of Private Credit Exposures
By Sanday Chongo Kabange | 28/05/2026
Regulators have announced enhanced monitoring of the rapidly growing asset class, citing global concerns, but assess the current risk to the financial system as manageable.

Trading & Investment
India’s NSE Partners With Steel Federation to Develop Derivatives Market
By Editors | 28/05/2026
The exchange will work with a steel industry body to design and launch new exchange-traded products for risk management in the country's growing steel sector.

Trading & Investment
TAIFEX to Refine Tick Sizes for High-Priced Stock Futures
By Editors | 28/05/2026
The exchange is amending its rules for single stock futures to create a more granular pricing structure, aiming to reduce trading costs and improve efficiency.

Tokenisation
Project Agora Finds No Legal Barriers to Tokenised Cross-Border Payments
By Manesh Samtani | 28/05/2026
BIS-led project involving seven central banks has concluded its prototype for tokenised payments is compatible with existing legal frameworks.

Supervision & Enforcement
FSC Taiwan Fines Taishin Bank TWD 14m Over Control Failures
By Nithya Subramanian | 28/05/2026
The FSC has penalised Taishin Bank for internal control failures and for not reporting misconduct by a wealth manager.

Operational Risk
Australia Court Fines Westpac A$26 Million for Hardship Notice Failures
By Sanday Chongo Kabange | 28/05/2026
The Federal Court of Australia has penalised Westpac for “grossly negligent” system failures that left vulnerable customers without assistance for years.

Structural Regulation
Australia Finalises Three-Tiered Prudential Framework for Banks
By Sanday Chongo Kabange | 28/05/2026
APRA has formalised a three-tiered framework for banks, creating a new top tier and raising the threshold for 'significant' institutions to enhance proportionality.

Cryptocurrency
Korea to Mandate Reporting for Cross-Border Crypto Transactions
By Sanday Chongo Kabange | 28/05/2026
New amendments to the Foreign Exchange Transactions Act will require virtual asset service providers to register and report all cross-border transfers to the central bank.
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