International

DeFi & Web3

$290m Crypto Hack Reveals DeFi Governance and Contagion Risks

By Manesh Samtani | 27/04/2026

An exploit attributed to North Korea triggered market contagion and a governance intervention, offering lessons for regulators on systemic risk.

Market Risk

EU Proposes Three-Year Relief from FRTB Capital Rules

By Manesh Samtani | 27/04/2026

European Commission consults on temporary measures to shield its banks from the full capital impact of new market risk rules.

Emerging Prudential Risks

HKMA Paper Calls for Enhanced Measures to Bolster Corporate Resilience

By Manesh Samtani | 26/04/2026

New paper urges policymakers to enhance monitoring, improve communication, and strengthen funding markets to help firms withstand economic shocks.

Emerging Prudential Risks

BIS Paper Calls for Bank-Like Prudential Rules for Crypto Intermediaries

By Manesh Samtani | 24/04/2026

New paper highlights systemic risks from crypto firms acting as financial intermediaries and recommends comprehensive prudential oversight and cross-border cooperation.

Cybersecurity

India, Japan Scrutinise Anthropic’s ‘Mythos’ AI Model Over Cyber Risks

By Nithya Subramanian | 24/04/2026

Regulators from India, Japan, Hong Kong, Australia and Korea are among those holding talks with banks amid fears the advanced AI could accelerate cyberattacks.

Emerging Prudential Risks

BIS Paper Highlights Systemic Risks from Fund Hedging Behaviour

By Manesh Samtani | 23/04/2026

New BIS bulletin finds speculative currency hedging by equity funds can amplify market shocks, posing risks to financial stability.

Nature & Biodiversity

ISSB to Develop Nature-related Guidance for Financial Disclosures

By Manesh Samtani | 23/04/2026

The board will issue a Practice Statement to guide nature reporting, a move that follows significant pushback from sustainability leaders who advocated for a mandatory standard.

Stablecoins

BIS Urges Global Cooperation on Stablecoin Rules to Avert Risks

By Manesh Samtani | 21/04/2026

BIS General Manager Pablo Hernández de Cos warns that divergent national frameworks could lead to market fragmentation and enable harmful regulatory arbitrage.

Data Privacy

EU Approves Global Use of GDPR Certification for Data Transfers

By Manesh Samtani | 21/04/2026

The decisions approve an updated Europrivacy seal for global use and endorse it as a formal mechanism for international data transfers.