Prudential Risk

Operational Risk

Australia Court Fines Westpac A$26 Million for Hardship Notice Failures

By Sanday Chongo Kabange | 28/05/2026

The Federal Court of Australia has penalised Westpac for “grossly negligent” system failures that left vulnerable customers without assistance for years.

Structural Regulation

Australia Finalises Three-Tiered Prudential Framework for Banks

By Sanday Chongo Kabange | 28/05/2026

APRA has formalised a three-tiered framework for banks, creating a new top tier and raising the threshold for 'significant' institutions to enhance proportionality.

Credit Risk

India’s Private Credit Boom Faces Pressure as Yields Compress

By Blake Evans-Pritchard | 28/05/2026

Regulators watch for risks as intensifying competition push lenders towards more liquidity-linked deals.

Credit Risk

FSS Korea Names 42 Conglomerates as Main Debtor Groups

By Editors | 28/05/2026

The FSS places 42 groups under closer watch, with main creditor banks set to assess their financial stability and sign restructuring agreements.

Credit Risk

Vietnam Proposes Digital Assets, Data-Driven Lending for SMEs

By Editors | 27/05/2026

A draft law aims to help SMEs access credit by using intangible assets as security and by piloting a regulatory sandbox for data and cash flow–based lending.

Capital Adequacy

Bangladesh Issues New Rules Linking Bank Dividends to Paid-Up Capital

By Nithya Subramanian | 27/05/2026

The central bank has introduced a BDT 20 billion paid-up capital threshold for cash dividends, aiming to bolster the sector's capital base.

Cybersecurity

Supervisory Scrutiny Can Drive Cybersecurity Spending at Banks

By Manesh Samtani | 27/05/2026

BIS paper shows the ECB's 2024 cyber stress test prompted underinvesting banks to significantly boost their cybersecurity spending.

Climate Risk

NGFS Urges Action on Extreme Weather as Financial Risks Mount

By Manesh Samtani | 27/05/2026

New report highlights severe economic and financial stability risks in Asia-Pacific, urging regulators to improve data and supervision.

Credit Risk

SBV Licenses Korean Firm as Fourth Credit Information Provider

By Editors | 27/05/2026

The SBV has licensed a subsidiary of South Korea's NICE Information Service, which plans to introduce advanced risk management systems.