Emerging Prudential Risks

IMF Urges Central Banks to Tackle AI Financial Stability Risks

27/07/2026

The IMF outlines key priorities for supervisors, including stronger oversight, better data, and deeper international cooperation on AI

Structural Regulation

Korea REITs Association Seeks Short-Selling Exemption for Listed REITs

27/07/2026

The industry body has formally petitioned regulators, citing price distortion from excessive short selling in the low-liquidity market and calling for differentiated rules.

PEPs & Sanctions

US Sanctions Transnational Network Financing Hamas via Asia, Europe

27/07/2026

OFAC sanctioned a network spanning Indonesia, Turkey and the UK for financing Hamas through sham charities and an underground crypto-fiat money exchange.

Fraud, Scams & Cybercrime

Australian Ponzi Scheme Victims to Recover 40 Percent of Losses

27/07/2026

Liquidators have finalised the estate of fraudster Melissa Caddick, with victims of the AUD 23 million scheme receiving partial compensation.

Fraud, Scams & Cybercrime

Singapore Police, US FBI Ink Pact to Combat Financial Crime

27/07/2026

The agreement formalises cooperation on tackling cross-border scams, cyber-fraud and money laundering, building on recent successful joint operations.

AI Risk & Governance

Korea: KDIC Taps AI Firm to Overhaul Data and Build GenAI Services

27/07/2026

The project is the first phase of a three-year AI transformation roadmap for the KDIC, focusing on data governance and risk management.

Supervision & Enforcement

ASIC Increases Enforcement Action Against SMSF Auditors

27/07/2026

ASIC has taken action against 64 auditors in the past financial year, citing serious breaches of professional obligations.

Liquidity Risk

China Restricts Offshore Loan Structure for Property Developers

27/07/2026

China’s economic planner is reportedly curbing a popular refinancing tool to tighten oversight of foreign debt and encourage earlier risk management.

Reporting & Disclosures

Philippines SEC Adopts IFRS Sustainability Standards and New PFRS

27/07/2026

The SEC has approved the adoption of IFRS S1 and S2, alongside a host of new financial reporting standards, amendments, and interpretations.