Emerging Prudential Risks

Sri Lanka Tightens Rules on Finance Company Structures

22/08/2026

The new directions consolidate existing rules and introduce stricter limits on investments in subsidiaries and non-core business activities.

Supervision & Enforcement

SEBI Bars Merchant Banker From New Assignments for One Month

21/08/2026

The firm was found guilty of multiple compliance failures, including misleading disclosures and key staff lacking required certifications.

Cloud & Infrastructure

BSP to Help Finance Rural Bank Shift to Cloud Core Banking

21/08/2026

The BSP will provide technical and financial support to help rural banks migrate from legacy IT to modern, cloud-based core banking systems.

KYC & CDD

Bangladesh Mandates Bank Accounts for Foreign Workers

21/08/2026

The new directive requires foreign nationals with valid work permits to receive salaries through the banking system, subject to KYC compliance.

Trading & Investment

BSE Partners With MSCI to Explore Launch of Index Derivatives

21/08/2026

BSE will explore launching futures and options linked to MSCI’s global benchmarks, subject to regulatory approval, to enhance market access.

Structural Regulation

Korea to Ease FX Regulations for Foreign Banks

21/08/2026

The government will double the reporting threshold for foreign currency borrowing to at least USD 100 million as part of its financial hub ambitions.

Fraud, Scams & Cybercrime

HK Police Launch Fraud Probe Into ZD Group Over IPO Schemes

21/08/2026

An estimated HKD 1 billion in investor funds is frozen, exposing a grey financing chain for IPOs and prompting a police investigation.

Structural Regulation

FSC Korea Unveils New Three-Year Financial Hub Strategy

21/08/2026

The plan focuses on innovation, infrastructure, and capital market reforms, while a formal review of Jeonbuk as a third hub begins.

Fraud, Scams & Cybercrime

Australia, Thailand to Deepen Cooperation on Financial Crime, Scams

21/08/2026

The two nations will strengthen collaboration between law enforcement and FIUs to tackle sophisticated cross-border criminal operations.