Fraud, Scams & Cybercrime

Korean State Banks Hit by KRW 196bn in Misconduct Losses Since 2017

07/09/2026

The series of major external fraud cases raises questions about internal control effectiveness and executive accountability.

PEPs & Sanctions

US Sanctions Turkish Bank in Widening Iran Crackdown

07/09/2026

The US designated a Turkish bank for its role in helping Iran move funds, escalating a campaign that puts foreign FIs at higher risk of secondary sanctions.

Trading & Investment

India's NSE Revamps Pre-Open Session to Align with Closing Auction

07/09/2026

NSE has restructured its pre-open session, restricting market orders and aligning the opening mechanism with the closing auction process.

Conduct, Culture & Accountability

Korea’s Mutual Finance Federation Overhauls Consumer Protection

07/09/2026

KFCC is proactively revamping its sales, advertising, and internal control processes to align with consumer protection laws.

Conduct, Culture & Accountability

New Zealand FMA CEO Resigns As Conduct Probe Continues

07/09/2026

Samantha Barrass has left the FMA with immediate effect as an inquiry into her conduct is merged with a wider government-led review of the regulator’s workplace culture.

Stablecoins

BOK Warns of FX Risks if Stablecoin, Crypto Markets are Liberalised

07/09/2026

New BOK report finds that the structure of crypto markets dictates how stablecoin shocks affect real-world exchange rates.

Anti-Money Laundering

Seoul Credit Co-op Chair Probed Over KRW 11bn Nominee Scheme

07/09/2026

The official allegedly used employee and relative names to evade taxes and now faces further allegations of embezzlement and workplace abuse.

Trading & Investment

China Tightens Tax Rules for Restricted Share Transfers

07/09/2026

New rules close insider tax loopholes for restricted share sales, clarifying the 20% rate and mandating stricter withholding obligations.

Structural Regulation

NYSE and KRX to Cooperate on Market Structure Reforms

07/09/2026

The two exchanges have signed an agreement to collaborate on market modernisation, including a shorter settlement cycle and longer trading hours, to enhance global investor access.