Operational Risk

Bangladesh Bank Appoints Observer to Islami Bank Amid Unrest

12/06/2026

The move follows significant deposit withdrawals and industry-wide concern over instability at the country’s largest private bank, triggered by a controversial leadership change.

Fraud, Scams & Cybercrime

Thailand Arrests Two Japanese Linked to Cambodia Scam Networks

12/06/2026

Two suspected leaders of scams targeting Japanese nationals were detained in Thailand, exposing cross-border operations involving forced recruitment and significant financial losses.

Anti-Bribery & Corruption

Former PBOC Beijing Chief Under Investigation After New Appointment

12/06/2026

Chao Kejian, a former senior central bank official, was reportedly taken away by authorities less than a month after becoming chairman of a PBOC-owned firm.

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.