Supervision & Enforcement

MAS Revokes Sir Money Changer's Payment Licence

15/10/2026

The regulator has revoked money changer's licence after the firm allowed an unauthorised third party to operate under its name.

Fraud, Scams & Cybercrime

Beijing Police Launch Criminal Probe Into Wealth Manager CreditEase

15/10/2026

Chinese authorities have detained the founder of wealth management group CreditEase following the firm's admission of insolvency and product defaults.

Cybersecurity

Japan Tightens Cybersecurity Rules Following Widespread Data Breaches

15/10/2026

Japanese financial regulators and cybersecurity agencies have mandated stricter identity verification and third-party risk management following a surge in cyberattacks.

Structural Regulation

CSRC Gathers Industry Experts to Discuss Market Stability

15/10/2026

The regulator convened a symposium with industry experts to discuss market stabilisation, patient capital, and incremental policy reserves.

Fraud, Scams & Cybercrime

Australian Banks Deploy AI Bots to Disrupt Scammers

15/10/2026

The ABA has revealed new offensive AI tactics against fraudsters and a partnership to boost domestic capabilities.

Cybersecurity

Australian Court Fines Advice Firm Over Cybersecurity Failures

15/10/2026

ASIC has secured a major penalty against Fortnum for inadequate cyber risk management.

Climate Risk

Korea to Launch Global Verified Carbon Market Next Year

15/10/2026

Korea will launch a blockchain-backed Global Verified Carbon Market next year to trade international greenhouse gas reduction credits.

Conduct, Culture & Accountability

US Regulator Says Nine Major Banks Engaged in Debanking Practices

15/10/2026

The OCC has revealed that nine major banks restricted access to financial services based on customers' political beliefs, religious views, or lawful business activities.

Anti-Money Laundering

US Regulators Fine BofA $1.2bn for AML and Sanctions Failures

15/10/2026

Bank of America faces historic fines after regulators uncover systemic AML failures, a culture prioritising revenue over compliance, and multiple sanctions breaches.