Cybersecurity

Hong Kong Concludes Expanded Cyber Resilience Drill

05/11/2026

Hong Kong has completed a 60-hour cybersecurity drill to test the incident response capabilities of government departments and private entities.

AI Risk & Governance

HSBC to Establish New AI Institute in Hong Kong in Q1 2027

05/11/2026

HSBC will establish an AI and emerging technology institute in Hong Kong as regulators develop governance frameworks for AI agents.

Cryptocurrency

BOK to Conduct First Review of Virtual Assets Risks at Domestic FIs

05/11/2026

The BOK has launched its first review of crypto risks across 31 banks and brokerages amid delayed legislation.

Payments & Settlements

Korea: Woori Bank Executes First Offshore Won Transaction

05/11/2026

South Korea’s push to internationalise its currency has yielded its first offshore won transaction through Woori Bank's Singapore branch.

Tokenisation

Hong Kong Banks Achieve Real-Time Tokenised Liquidity Management

05/11/2026

Ant International and banking partners have successfully executed live cross-bank tokenised deposit transfers to unlock round-the-clock liquidity access.

Alternative Markets

Korea Sets Out Investment Mandates for Second National Growth Fund

05/11/2026

The FSC has detailed investment requirements and risk management strategies for the second tranche of its national growth fund.

Capital Adequacy

RBNZ Authorises Revolut to Provide Banking Services in New Zealand

05/11/2026

The RBNZ has registered Revolut as the country's first digital bank following a two-year application process.

KYC & CDD

India Post, UTI Mutual Fund Extend KYC Partnership Beyond Remediation

05/11/2026

The new agreement moves beyond an earlier initiative to address pending KYC requirements, using India Post’s postal network to strengthen ongoing verification and investor access nationwide.

Structural Regulation

Korea to Overhaul Pension Rules with Mandatory External Funding

05/11/2026

The proposed reforms will phase in funding requirements for all workplaces, introduce fund-type pension schemes and ease investment restrictions to improve retirement savings returns.