Operational Risk

Credit Risk

Korea to Liquidate Bad Bank After ‘Predatory Finance’ Rebuke

By Sanday Chongo Kabange | 18/05/2026

Financial authorities have ordered the sale of a 23-year-old delinquent debt portfolio following sharp criticism from the country’s president.

Emerging Prudential Risks

Private Credit Boom in APAC Prompts Fears of ‘Circular Risk’

By Blake Evans-Pritchard | 18/05/2026

The boom is increasing banks’ indirect exposure to the same corporate borrowers they once financed directly.

Emerging Prudential Risks

India Launches Maritime Insurance Pool to Boost Trade Security

By Nithya Subramanian | 16/05/2026

The government-backed pool aims to reduce reliance on foreign insurers and ensure trade continuity for Indian vessels amid rising geopolitical risks.

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.

Anti-Money Laundering

Taiwan Hits Taichung Bank With Record Fine, Capital Add-On for AML Failures

By Sanday Chongo Kabange | 14/05/2026

The FSC imposed a TWD 32 million penalty and a Pillar 2 capital charge following the discovery of widespread internal control and KYC deficiencies.

Resolution & Recovery

RBNZ Sets Out Timeline for New Deposit Takers Regime

By Sanday Chongo Kabange | 13/05/2026

The central bank has detailed key deadlines for consultations, relicensing, and the first levies under the new Deposit Takers Act.

Credit Risk

Hong Kong Banks Abandon Patient Approach to Tackle Bad Debt - Report

By Sanday Chongo Kabange | 12/05/2026

Lenders are reportedly expanding specialist teams and forcing liquidations to manage a HKD 200 billion pile of soured commercial property loans.

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.

Credit Risk

FSC Korea Urges Brokers to Curb Risk and Boost Venture Funding

By Editors | 11/05/2026

The regulator has criticised the ‘me-too’ strategies and windfall profits, while announcing plans to expand SME-focused brokers and support for venture exit markets.