The Australian Securities and Investments Commission (ASIC) is urging immediate action from superannuation trustees to strengthen anti-scam and fraud practices after its latest review exposed significant gaps in communications for members.
The insurance industry will receive special attention as Dr Kabir Ahmed Sidhu has formally assumed charge as Chairman of the Securities and Exchange Commission of Pakistan (SECP), which is the primary regulator of Pakistan's corporate sector, capital markets, and non-banking financial institutions.
Thailand's insurance regulator, the Office of the Insurance Commission (OIC), has signed a Memorandum of Understanding (MoU) on data linkage for insurance with the Department of Energy Business at the Ministry of Energy.
Chair of the Australian Securities and Investments Commission (ASIC), Mr Joe Longo, has welcomed the appointment of Ms Sarah Court as incoming Chair. She will assume her new role on 1 June 2026.
On the advice of the Minister of Commerce and Consumer Affairs, the Governor-General has appointed Mr Steven Bardy as Deputy Chairperson of the Financial Markets Authority - Te Mana Tatai Hokohoko (FMA).
The Dubai Financial Services Authority (DFSA), the independent financial services and markets regulator of Dubai International Financial Centre (DIFC), has imposed a fine of $455,176 on reinsurance brokerage Ed Broking (MENA) for a number of contraventions of DFSA legislation, including engaging in misleading and deceptive conduct.
Indonesia's financial regulator, the Financial Services Authority (OJK), says that it ensures leadership continuity and the smooth execution of regulatory and supervisory duties in the financial services sector, as well as consumer and public protection, by appointing Acting/Replacement Members of the Board of Commissioners.
The Financial Regulatory Authority (FRA) has extended the deadline granted to companies operating in the actuarial, insurance and reinsurance brokerage, inspection and damage assessment, and insurance consulting segments an additional six months to increase their capital.
The Syrian government has met the representatives of the International Finance Corporation (IFC) to review the potential contribution of the IFC-part of the World Bank Group-to reforming the Syrian financial sector, including the insurance market.
The National Police Agency will carry out a nationwide special enforcement campaign targeting insurance fraud and illegal medical institutions for nine months, from 2 February to 31 October. The campaign involves intensified and coordinated investigations.