Operational Risk

    News on frameworks, regulations, and major events related to risks arising from internal processes, systems failures, human errors, or external disruptions.

    Structural Regulation

    ASIC Updates Guidance on Financial Reporting and Audit Relief

    By Sanday Chongo Kabange | 25/04/2026

    ASIC has reissued its regulatory guide on relief from financial reporting and audit rules, consolidating previous guidance and reflecting recent legislative reforms.

    AI Risk & Governance

    FSC Korea to Bolster Support Network for Vulnerable Groups With AI

    By Editors | 25/04/2026

    The FSC plans to expand its finance-welfare-employment support programme with AI tools, proactive alerts, and new products for small businesses and the uninsured.

    Liquidity Risk

    FSS Korea Warns Securities Firms on Promissory Note and IMA Risks

    By Editors | 24/04/2026

    The regulator called for stronger liquidity management, internal controls and investor protection as funding from the instruments surged to KRW 57.2 trillion.

    Cybersecurity

    India, Japan Scrutinise Anthropic’s ‘Mythos’ AI Model Over Cyber Risks

    By Nithya Subramanian | 24/04/2026

    Regulators from India, Japan, Hong Kong, Australia and Korea are among those holding talks with banks amid fears the advanced AI could accelerate cyberattacks.

    Conduct, Culture & Accountability

    Securities Association of China Expands Pay Clawbacks to Former Staff

    By Mark Johnston | 23/04/2026

    The SAC has revised remuneration rules for brokerages, mandating longer-term performance metrics and stricter deferral and clawback arrangements.

    Structural Regulation

    Australia FSC Sets New Governance Standard for Super Platforms

    By Sanday Chongo Kabange | 22/04/2026

    Industry body acts to strengthen oversight of investments and financial advisers on wrap platforms ahead of potential government regulation and following recent market failures.

    Credit Risk

    Private Credit Industry Debates Changes Amid Investor, Regulator Scrutiny

    By Nithya Subramanian | 22/04/2026

    Firms are considering longer lock-ups and flexible redemption caps as regulators across Asia Pacific seek greater disclosure.

    Credit Risk

    Australia Launches Dual-Track Response to SME Economic Shock

    By Sanday Chongo Kabange | 22/04/2026

    Government-backed zero-interest loans are being rolled out as major banks simultaneously adjust their own credit provisioning for at-risk sectors.

    Cybersecurity

    Singapore Regulator Urges Banks to Bolster Defences Over ‘Mythos’ Concerns

    By Nithya Subramanian | 21/04/2026

    Financial authorities in Singapore, Hong Kong, Australia and South Korea are taking action over cybersecurity risks posed by Anthropic's new AI model.

    Operational Risk

    China Imposes Lifelong Accountability for Government Investment

    By Mark Johnston | 21/04/2026

    New rules aim to curb reckless spending and manage debt risks by holding officials personally responsible for project decisions throughout their lifetime.

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