Operational Risk

Conduct, Culture & Accountability

Korea FSS Reveals Results of Probe into Shinhan Trading Losses

By Mark Johnston | 10/02/2025

Shinhan Investment Corp, when acting as an ETF liquidity provider, engaged in speculative futures trading and lost KRW 130 billion.

Cybersecurity

S. Korea Finalises Rule Changes to Bolster Cyber Resilience

By Mark Johnston | 10/02/2025

The revisions provide financial institutions greater decision-making autonomy and strengthen the role of CEOs and directors in overseeing cybersecurity matters

Payments & Settlements

CPMI Addresses Challenges of Extending RTGS Operating Hours

By Manesh Samtani | 09/02/2025

CPMI says operators can implement changes to extend RTGS operating hours in conjunction with other modernisation efforts such as ISO 20022 migration

Operational Risk

China to Improve Regulatory System for Trust Companies

By Manesh Samtani | 06/02/2025

State Council guidelines call for stricter market entry regulations for trust companies as well as improved corporate governance and risk management

Supervision & Enforcement

China Updates Regulatory Ratings Framework for Financial Leasing Companies

By Editors | 02/02/2025

The revised framework seeks to enhance compliance, corporate governance effectiveness, and the use of technology by financial leasing companies.

Conduct, Culture & Accountability

Australia to Introduce Mandatory Service Standards for Super Funds

By Thisanka Siripala | 02/02/2025

The standards will focus on improving how death benefit payouts are handled, how insurance claims are processed and how super funds communicate with members​

Conduct, Culture & Accountability

APRA Publishes New Data on Super Fund Expenditures

By Thisanka Siripala | 31/01/2025

The data shows that Hostplus spending on sponsorships in the 2024 financial year made up 43% of what all super funds spent collectively.

Capital Adequacy

IAIS Sets Out Work Priorities in New 2025-2026 Roadmap

By Thisanka Siripala | 30/01/2025

Following the adoption of the Insurance Capital Standard at the end of 2024, the IAIS will shift focus to implementation and addressing risks in the industry.

Capital Adequacy

EU Launches Stress Test Exercise to Assess Bank Resilience

By Mark Johnston | 24/01/2025

Banks submitting “overly optimistic” projections will face “additional scrutiny throughout the quality assurance phase, potentially including on-site visits”.