Operational Risk

AI Risk & Governance

FSC Korea Details Sweeping AI Framework for Financial Sector

By Manesh Samtani | 23/12/2025

The FSC has launched AI support platforms and outlined plans to streamline data rules and issue new risk management guidelines for FIs.

Clearing & Post-Trade

HKEX’s OTC Clear Details 2026 Risk and System Upgrades

By Manesh Samtani | 23/12/2025

The clearing house will introduce new margin estimation tools, an optional client margin buffer, and an enhanced HKD settlement workflow.

Operational Risk

Taiwan Cooperative Bank Fined for Control Lapses After Cash Theft

By Mark Johnston | 22/12/2025

The FSC penalised the state-run lender after procedural violations by an employee resulted in the loss of client funds.

Cybersecurity

Philippine SEC Proposes Measures to Strengthen Cyber Resilience

By Sanday Chongo Kabange | 22/12/2025

Draft rules enhance board oversight, mandate dedicated security teams, and implement a five-day breach reporting requirement for capital market firms.

Operational Risk

Malaysia Central Bank Mulls Operational Resilience Overhaul for FIs

By Sanday Chongo Kabange | 19/12/2025

BNM has launched a consultation on a new resilience-first approach, citing rising digital and third-party risks.

Structural Regulation

ASIC Clarifies Tech Resilience Rules for Market Operators, Participants

By Sanday Chongo Kabange | 19/12/2025

ASIC has updated its guidance to simplify compliance, clarify rules on outsourcing critical services, and define major event reporting.

Fraud, Scams & Cybercrime

New Zealand Enhances Audit Rules on Fraud and Going Concern

By Manesh Samtani | 19/12/2025

The XRB has introduced significant revisions, including new reporting requirements, to increase auditor focus and transparency on fraud and going concern.

Conduct, Culture & Accountability

Australia Cracks Down on Super Platform Trustees for Governance Failures

By Sanday Chongo Kabange | 18/12/2025

Equity Trustees and Netwealth face strict new conditions over weak investment oversight. Netwealth to pay over AUD 100m in compensation.

Anti-Money Laundering

Australia Regulators Hit Bendigo Bank with Capital Charge, Probe AML Failings

By Sanday Chongo Kabange | 18/12/2025

APRA and AUSTRAC have imposed a capital add-on and launched an enforcement investigation into the bank's risk management.