Operational Risk

Cybersecurity

Korea FSS Penalises Major Insurer for IT Governance Failures

By Editors | 09/02/2026

Insurer fined KRW 124 million for widespread failures, including unencrypted customer data, system errors, and unauthorised employee access to information

Liquidity Risk

APRA Reduces Liquidity Add-On Requirements for Macquarie Bank

By Mark Johnston | 05/02/2026

APRA has cut the bank's NCO add-on from 25% to 15% and removed its ASF adjustment, but a A$500 million capital overlay remains.

Structural Regulation

Taiwan Approves BNP Paribas, Chang Hwa for Kaohsiung Wealth Hub

By Editors | 05/02/2026

The approvals bring the total number of approved banks in the pilot zone to 20, a key initiative to build an Asian asset management hub.

Operational Risk

RBNZ Directs Deposit Takers to Enhance Risk Management Practices

By Sanday Chongo Kabange | 05/02/2026

Thematic review uncovered weaknesses, particularly at smaller and non-bank entities, in areas such as setting and using risk appetites, internal audit and risk monitoring and reporting.

Operational Risk

New Zealand FMA Identifies Operational Risks at P2P Lending Firms

By Sanday Chongo Kabange | 04/02/2026

A thematic review identified weaknesses in outsourcing due diligence, technology frameworks, and business continuity testing.

Conduct, Culture & Accountability

New Zealand FMA Issues Warning to Japanese Insurer for Overcharging Customers

By Sanday Chongo Kabange | 03/02/2026

Aioi Nissay Dowa Insurance overcharged more than 5,000 customers due to system failures, prompting a regulatory call for better industry-wide controls.

Operational Risk

HKMA Orders HSBC to Probe Root Cause of Hours-Long Outage

By Editors | 02/02/2026

Hong Kong's largest bank suffered a multi-hour system failure, prompting the HKMA to demand an investigation.

Conduct, Culture & Accountability

Australian Finance Sector Unites to Combat Abuse of Financial Products

By Sanday Chongo Kabange | 29/01/2026

A new industry-wide alliance aims to provide tools for over 200 lenders to proactively prevent the misuse of financial products.

AI Risk & Governance

ASIC Flags AI, Cyber, and Superannuation Failures as Key 2026 Risks

By Sanday Chongo Kabange | 28/01/2026

ASIC highlights growing threats from technology, poor superannuation fund operations, and increased market risk in its key issues outlook.