Operational Risk

Cybersecurity

Indian Banks on High Alert Amid Tensions With Pakistan

By Editors | 11/05/2025

Indian banks have been directed to bolster cybersecurity and protect the country’s digital payments infrastructure.

Credit Risk

Chinese Banks Directed to Improve Services for Small, Micro Businesses

By Editors | 11/05/2025

NFRA is calling on lenders to enhance the quality of financial services provided to small and micro enterprises.

Credit Risk

Vietnam to Present Draft Law in May to Address Bad Debts

By Nithya Subramanian | 08/05/2025

Banks are currently facing legal and operational obstacles in recovering bad debts. The new law could help streamline recoveries.

Capital Adequacy

FSC Approves Woori’s Acquisition of Tongyang, ABL Life Insurance

By Nithya Subramanian | 08/05/2025

The approval comes with strict conditions aimed at ensuring Woori strengthens its internal controls and maintains sound capital management.

Operational Risk

Hong Kong IA Authorises HSBC to Establish Captive Insurer

By Sanday Chongo Kabange | 07/05/2025

The new entity, Wayfoong (Asia) Limited, will be the first captive insurer set up by a multinational enterprise based in Hong Kong.

Operational Risk

RBNZ Publishes Stress Test Results for Insurers

By Sanday Chongo Kabange | 07/05/2025

RBNZ said policyholder claims would be met in the “seismic” scenario that was tested, demonstrating the resilience that is built into the system.

Structural Regulation

SEBI Consults on Framework for Orderly Exit of KYC Registration Agencies

By Nithya Subramanian | 06/05/2025

KRAs would be required to develop a Standard Operating Procedure to ensuring continuity of services in the event of voluntary exit or involuntary cessation of operations.

Payments & Settlements

China Updates Rules for Bank Card Clearing Institutions

By Editors | 04/05/2025

The new rules clarify governance, risk management, information sharing, and reporting management requirements of bank card clearing institutions

Credit Risk

Korea FSS to Commence Inspections of Asset Managers in Mid-May

By Editors | 04/05/2025

The on-site inspections are expected to focus on the appropriateness of collateral assets, credit risk, fees for synthetic ETFs, and arrangements with liquidity providers.