Credit Risk

Korea to End Tax Breaks for Perpetual Debt Collection

12/06/2026

New regulations will require financial institutions to let the statute of limitations expire on certain delinquent personal loans to qualify for tax deductions.

PEPs & Sanctions

China Sanctions Philippine Defence Chief Over South China Sea Remarks

12/06/2026

The measures prohibit entities in China from transacting with Secretary Gilberto Teodoro and his family, escalating regional maritime tensions.

Market Abuse

Korea Fines Former Broadcasting Employee Over KRW 1 Billion for Insider Trading

12/06/2026

A former disclosure officer and their relative have been fined for using non-public information, marking a significant application of a new penalty regime.

Anti-Money Laundering

Sri Lanka to Bolster AML Laws After Uncovering $85m Import Fraud

11/06/2026

Authorities have revealed a large-scale foreign exchange fraud involving bogus imports, prompting plans to strengthen AML legislation.

Payments & Settlements

Bangladesh Bank Gives Green Light for Banks to Join China's CIPS

11/06/2026

The regulator has signalled no policy objections for commercial banks wishing to integrate with the CIPS network to reduce US dollar reliance.

Payments & Settlements

Sri Lanka Mandates Faster Conversion of Export Proceeds

11/06/2026

The central bank has tightened foreign exchange rules, cutting the mandatory conversion timeline for exporters from 90 to 30 days.

Sustainable Finance

NSE India to Channel 10% of CSR Funds via Social Stock Exchange

11/06/2026

The move follows a key regulatory change from the MCA permitting CSR spending through listed social impact instruments.

Conduct, Culture & Accountability

Hong Kong Regulator Directs Insurers to Adopt New Rules on Commission

11/06/2026

The directive reinforces new HKMA rules on bancassurance commissions, creating a comprehensive framework to align intermediary and policyholder interests.

Sustainable Finance

Sri Lanka Moves to Operationalise Green Finance Taxonomy

11/06/2026

The initiative, supported by the EU, focuses on the practical application of the framework for financial institutions and corporations.