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Conduct, Culture & Accountability
ASIC Sues Superannuation Trustee Over Shield Master Fund Losses
By Sanday Chongo Kabange | 27/08/2025
ASIC alleges Equity Trustees failed to properly vet the Shield Master Fund before offering it to thousands of members, compromising around AUD 160 million in savings.

Conduct, Culture & Accountability
Cambodia Partners With Singapore Institute to Upgrade Financial Sector Governance
By Sanday Chongo Kabange | 27/08/2025
The new director accreditation programme aims to professionalise boardrooms as the financial sector expands and faces more complex regulatory demands.

Operational Risk
APRA Consults on Updates to Prudential and Reporting Standards
By Editors | 26/08/2025
Proposed tweaks include revised terminology, online document access and retirement of pandemic planning guide, effective January 2026

Cybersecurity
FSS Korea Calls on Securities Industry to Upgrade IT Controls
By Nithya Subramanian | 26/08/2025
The FSS has directed securities firms to strengthen their IT controls, saying action will be taken against companies responsible for major incidents.

Credit Risk
India: State Lender Seeking Reform to Allow M&A Financing by Banks
By Nithya Subramanian | 26/08/2025
State Bank of India has made a formal request to the central bank to be able to finance M&A of listed companies

Credit Risk
FSC Korea, Banks Agree on Nationwide Credit Recovery Plan
By Nithya Subramanian | 26/08/2025
A working group led by Korea Credit Information Services is preparing to launch the programme on 30 September, restricting the use of delinquency records for millions of borrowers.

Data Privacy
S. Korea Considers E-commerce Sales, User Reviews for SME Credit Scoring
By Mark Johnston | 26/08/2025
The FSC is planning to create a new model incorporating alternative data from platforms like Naver and Coupang to improve lending access for small firms.

Clearing & Post-Trade
Cracking the European T+1 Code for APAC Firms
By Val Wotton | 26/08/2025
Europe's shift to T+1 settlement in 2027 presents unique challenges for APAC firms. Proactive automation, data harmonisation, and early preparation are crucial for successful adaptation.

Capital Adequacy
RBNZ Opens Consultation on Revised Capital Rules for Banks
By Manesh Samtani | 25/08/2025
The proposed revisions seek to balance financial stability with economic efficiency and competition.

Operational Risk
Third-Party Risk Takes Centre Stage in Australia
By Blake Evans-Pritchard | 25/08/2025
APRA’s new op risk framework compels financial institutions to pay closer attention to third-party concentration risk.
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