Trending

Credit Risk

China Deepens SME Accounting Data Pilot to Boost Lending

By Editors | 02/09/2025

Regulators are tasking banks with using new standardised data to build credit models and innovate online loan products for small businesses.

Liquidity Risk

MAS Proposes Overhaul of Liquidity Risk Rules for Banks

By Nithya Subramanian | 01/09/2025

The draft guidelines call for stronger governance, stress testing, contingency plans and early-warning systems to address fast-moving liquidity risks in the digital era.

PEPs & Sanctions

Australian Sanctions Office Issues Suite of New Guidance Notes

By Manesh Samtani | 01/09/2025

The new guidance covers proliferation financing risk assessments, securities and investment, mining and machinery exports and the humanitarian sector.

Anti-Money Laundering

AUSTRAC Tables New AML/CTF Rules in Parliament

By Manesh Samtani | 01/09/2025

The new rules follow an extensive two-stage consultation process involving nine sector-specific industry working groups.

Fraud, Scams & Cybercrime

Korea to Expand Bank Liability for Voice Phishing Scams

By Manesh Samtani | 29/08/2025

New rules will force FIs to compensate victims even in cases where the victim was deceived into transferring the funds themselves.

Anti-Money Laundering

FATF Launches Toolkit to Bolster National Risk Assessments

By Editors | 29/08/2025

The new toolkit and updated guidance aim to help countries better identify and combat money laundering and terrorist financing threats.

Sustainable Finance

Net-Zero Banking Alliance Halts Activities After Mass Exodus

By Editors | 29/08/2025

The UN-backed climate group, hit by a political backlash in the US, will vote on abandoning its membership model after a wave of high-profile bank departures.

Anti-Money Laundering

FinCEN Issues Advisory Warning of Chinese Money Laundering Networks

By Manesh Samtani | 29/08/2025

FinCEN issues an alert for US banks detailing red flags and typologies used by Chinese money laundering networks to move illicit funds for drug cartels.

Conduct, Culture & Accountability

HK AFRC Fines Deloitte HKD 1.9M in Landmark Mainland China Data Case

By Editors | 29/08/2025

The action against Deloitte and two partners, part of a wider crackdown, marks the first case using audit papers obtained via a cross-border pact with China.