Operational Risk

Supervision & Enforcement

Australian Firms and Directors to Pay AUD 7 Million for Credit Act Breaches

By Sanday Chongo Kabange | 20/04/2026

The Federal Court of Australia has penalised two financial firms and their directors for operating a lending model designed to bypass consumer credit laws.

Cybersecurity

Korea Divided on Breach Reporting Law for E-commerce Firms

By Mark Johnston | 20/04/2026

A legislative proposal to mandate that e-commerce firms report security breaches to financial authorities faces resistance from the regulator and industry.

Capital Adequacy

Korea Eases Capital Rules to Free Up KRW 99 Trillion

By Mark Johnston | 20/04/2026

Regulators are easing rules for banks and insurers to channel funds into strategic industries and support companies impacted by Middle East instability.

Cybersecurity

Australian Super Funds Detail Four-Pillar Cyber Defence Plan

By Sanday Chongo Kabange | 20/04/2026

The AFSA has detailed its response to 2025 cyber attacks, including a threat intelligence platform, a response playbook, and sector-wide exercises.

Payments & Settlements

BSP Details Sweeping Reforms for Peso RTGS Payment System

By Sanday Chongo Kabange | 19/04/2026

The BSP is overhauling its RTGS system, introducing stricter rules for participants, extending operating hours, and bolstering cross–border links.

Operational Risk

BIS Paper Outlines Key Approaches for Bank Cyber Stress Tests

By Manesh Samtani | 19/04/2026

New FSI Brief details two distinct approaches for supervisors designing and implementing cyber resilience stress testing exercises for banks.

Credit Risk

Philippines Central Bank Offers Regulatory Relief Amid Energy Crisis

By Sanday Chongo Kabange | 17/04/2026

The BSP is allowing banks to grant loan grace periods and temporarily suspend some fees in response to rising energy prices.

Custody & Infrastructure

GBBC Expands Blockchain Risk Framework to Layer 2 Systems

By Manesh Samtani | 17/04/2026

Global working group released an updated framework to help FIs manage the non-financial risks of using public blockchains.

Operational Risk

New Zealand FMA Finds Operational Resilience Gaps in Derivatives Issuers

By Sanday Chongo Kabange | 17/04/2026

A thematic review highlighted weaknesses in outsourcing, business continuity, and technology security, despite a generally mature foundation among firms.