Structural Regulation

India's New Bankers' Books Evidence Act to Take Effect 1 October

16/09/2026

India is set to implement a new law modernising the use of banking records as evidence and raising the bar for summoning bank officials.

Cryptocurrency

Japan FSA Issues Warning to Unregistered Crypto Lender Bit Hills

16/09/2026

The FSA has warned BVI-based Bit Hills Inc., operator of the CryptoPawn platform, for providing yen-denominated loans without registration.

Cybersecurity

Revolut Suffers Data Breach After Social Engineering Attack

15/09/2026

Revolut has confirmed a data breach affecting nearly 700 customers after being tricked by fraudulent government information requests, prompting a regulatory investigation.

Resolution & Recovery

Bangladesh Scraps 'Buy-Back' Clause in Bank Resolution Law

15/09/2026

Parliament repealed a provision allowing former owners of failed banks to regain control, closing a loophole that drew widespread criticism.

KYC & CDD

Indonesia Earmarks IDR 11 Trillion for Mass Bank Account Programme

15/09/2026

The government plans to open 200 million new bank accounts from October to boost financial inclusion, but regulators are stressing the need for oversight.

AI Risk & Governance

China Proposes BRICS AI Framework Amid Cautious Reception From India

15/09/2026

China has pitched an open-source AI ecosystem for emerging nations, but deep-seated political mistrust and data security concerns are cited as hurdles for cooperation.

PEPs & Sanctions

Cambodia Revokes Licence of UK-Sanctioned Payment Firm

15/09/2026

The NBC has withdrawn the licence of a payment services provider sanctioned by the UK for its alleged links to illicit activities.

Conduct, Culture & Accountability

Australia Tribunal Affirms Five-Year Ban for Adviser in Flawed Model

15/09/2026

Australia’s Administrative Review Tribunal has upheld a five-year ban on a financial adviser, reinforcing that personal obligations cannot be outsourced to unlicensed third parties.

Anti-Bribery & Corruption

Former Swiss Banking Chief Convicted in CHF 82 Million Bribery Scheme

15/09/2026

Pierre Mirabaud, ex-head of the Swiss Bankers Association, received a suspended sentence for bribing a Kuwaiti official to secure client funds for his family’s bank.