Anti-Money Laundering

Hong Kong Insurance Authority Fines FWD Over AML Failures

29/09/2026

The IA has penalised FWD Life Insurance following an on-site inspection that uncovered multiple AML and CTF control deficiencies.

Tokenisation

ICMA Calls For Smart Contract Harmonisation In DLT Bond Markets

29/09/2026

New ICMA paper urges regulators and market participants to harmonise smart contract standards to scale DLT-based fixed income markets.

Fraud, Scams & Cybercrime

Indonesia Orders DANA to Investigate QR Credit Card Fraud

29/09/2026

The central bank has directed the digital wallet provider to rectify security weaknesses and reimburse affected consumers following unauthorised transactions.

Credit Risk

Chinese Banks Instructed to Exclude Vanke Loans From Non-Performing Books

29/09/2026

Chinese financial regulators have issued informal guidance to large banks, requesting they avoid classifying overdue Vanke loans as non-performing.

Structural Regulation

Philippine SEC Tightens Audit Rules for Government Contractors

29/09/2026

The SEC has expanded its oversight of major government contractors and elevated qualification standards for external auditors.

Credit Risk

Vietnam Agencies Ink Data Sharing Pact to Boost Credit Assessment

29/09/2026

The SBV and the Tax Department have launched a data-sharing framework to enhance credit risk management and support data-driven lending.

Trading & Investment

BOK Restructures Foreign Asset Entrustment to Boost Active Management

29/09/2026

BOK will shift approximately USD 1 billion from passive equities to global bonds to enhance the active management capabilities of domestic asset managers.

Credit Risk

AI Fund Losses Prompt Probes into Bank Exposures to Trading Firms

29/09/2026

Regulators are scrutinising global banks' intraday risk controls after the near-collapse of Situational Awareness, an AI-focused hedge fund.

Anti-Bribery & Corruption

China to Prosecute Former Hubei Securities Chief in Anti-Graft Crackdown

29/09/2026

Chinese authorities have expelled a veteran regional regulator from the CCP as parallel investigations target banking and insurance executives.