Operational Risk

Conduct, Culture & Accountability

APRA Imposes Licence Conditions on Super Trustee Over Related-Party Fees

By Sanday Chongo Kabange | 28/11/2025

APRA has acted on concerns about expenditure management and fees paid to the super fund's parent company, requiring an independent review.

Cybersecurity

GIFT City Regulator Proposes Tough Cybersecurity Rules for MIIs

By Nithya Subramanian | 26/11/2025

The draft guidelines mandate strict cyber-resilience standards, including tighter controls, mandatory audits and rapid breach reporting for MIIs operating in GIFT City.

Payments & Settlements

Swift Officially Ends Support for Legacy MT Messaging Standard

By Manesh Samtani | 25/11/2025

The end of the Swift MT coexistence period ushers in an era of richer data, though hurdles remain even for firms that switched to ISO 20022 on time.

Cybersecurity

FSC Korea Pledges to Overhaul Regulatory Framework for Payment Gateways

By Mark Johnston | 24/11/2025

FSC chairman warned of strict penalties for negligence regarding consumer data after a hacking incident at Lotte Card compromised millions of customers' personal data.

AI Risk & Governance

World Bank, ICMA Detail Work on New AI Tool to Streamline Bond Issuance

By Manesh Samtani | 24/11/2025

Project SHASTRA uses generative AI and ICMA's Bond Data Taxonomy to tackle post-trade inefficiencies and create a 'single source of truth'.

AI Risk & Governance

Dubai Regulator Flags Asia Trade, AI Governance as Key Priorities

By Manesh Samtani | 21/11/2025

DFSA’s Justin Baldacchino highlights increasing focus on new Asia-MENA trade corridors and the rising use of AI among regulated entities.

Operational Risk

BCBS Finalises Third-Party Risk Rules, Expedites Crypto Standard Review

By Sanday Chongo Kabange | 21/11/2025

The BCBS has approved final principles for third-party risk management and will fast-track a review of the cryptoasset standard.

Anti-Bribery & Corruption

Laos Central Bank to Crack Down on Misconduct, Embezzlement

By Nithya Subramanian | 20/11/2025

Laos’ central bank has uncovered over LAK 66.8 billion in embezzlement across four years, prompting it to strengthen oversight and enforce stricter discipline.

Resolution & Recovery

FSB Spotlights Bank Resolution Tools, Cross-border Hurdles for APAC

By Manesh Samtani | 18/11/2025

New paper outlines practices for using 'transfer tools' in bank failures, citing a Malaysian case study and ongoing cross-border challenges.