Prudential Risk

Credit Risk

South Korea Imposes New Curbs on Banks to Cool Property Market

By Manesh Samtani | 16/10/2025

New rules include tiered mortgage caps, higher risk-weights for banks, and expanded debt service ratio calculations to rein in household debt.

AI Risk & Governance

HKMA Announces Second Cohort of GenAI Sandbox Participants

By Sanday Chongo Kabange | 16/10/2025

The cohort includes 27 use cases from 20 banks, with a focus on AI governance and using AI to test systems against sophisticated fraud.

Structural Regulation

PBOC Overhauls Approval Rules for Sub-Treasury Agent Banks

By Mark Johnston | 15/10/2025

New measures effective from 1 January 2026, will standardise the application, supervision and review process for banks handling state treasury business.

Cybersecurity

Japan Launches Latest Cross Industry Cybersecurity Exercise with 177 Firms

By Sanday Chongo Kabange | 15/10/2025

This 10th annual exercise includes drills for data breaches, asset outflows, and a 'blind' scenario for banks to test industry resilience.

PEPs & Sanctions

China Sanctions Five US-based Subsidiaries of Korean Firm

By Mark Johnston | 15/10/2025

China's blacklisting of five US-based subsidiaries of Hanwha Ocean has sent a warning to third-country companies involved in the US-China industrial rivalry.

Conduct, Culture & Accountability

ASIC Expands Probe into Mortgage Broking Practices

By Sanday Chongo Kabange | 15/10/2025

ASIC has flagged new surveillances targeting misconduct in the credit sector, with a continued focus on financial hardship and debt collection.

Capital Adequacy

APRA Lifts Final A$500 Million Capital Add-On From Westpac

By Sanday Chongo Kabange | 15/10/2025

The move follows the bank's completion of a multi-year risk remediation programme required under a 2020 court enforceable undertaking.

Alternative Markets

Australia Braces for New Regulations in Private Credit Market

By Blake Evans-Pritchard | 15/10/2025

Industry favours a voluntary code, but new regulation for the private credit market could yet be on the cards, experts say.

Emerging Prudential Risks

New Zealand Eases LVR Restrictions for Mortgage Lending

By Sanday Chongo Kabange | 15/10/2025

The RBNZ will increase ‘speed limits’ for high loan-to-value lending in a first decision by its new Financial Policy Committee.