Fraud, Scams & Cybercrime

Malaysia's FIMM Bans Three Consultants for Misappropriation and Forgery

17/09/2026

Action was taken against former consultants from Principal Asset Management, Public Mutual and Maybank for serious misconduct, including unauthorised transactions.

Payments & Settlements

Timor-Leste Launches National TUQR Standard to Modernise Payments

17/09/2026

The Central Bank of Timor-Leste has launched its national QR code payment system, prompting calls for robust customer protection mechanisms.

Anti-Money Laundering

Indonesia's FIU and CSD Ink Pact to Bolster Capital Market Integrity

17/09/2026

The agreement will enhance data sharing and coordination to combat financial crime and strengthen supervision of the capital market.

Cryptocurrency

Taiwan Exempts Virtual Asset Sales From Business Tax

17/09/2026

Taiwan clarifies tax rules, exempting certain virtual asset sales from business tax while keeping NFTs and service fees taxable.

Clearing & Post-Trade

HKEX Details Final Preparatory Steps for USM Go-Live

16/09/2026

HKSCC has mandated a readiness questionnaire and scheduled October practice sessions ahead of the November launch of the scripless regime.

Payments & Settlements

Malaysia, Japan Sign $6bn Currency Swap and LCT Framework

16/09/2026

The two countries have expanded their bilateral swap arrangement and established a framework to promote local currency settlements.

Supervision & Enforcement

Hong Kong AFRC Bans One Firm, Fines Another in Audit Crackdown

16/09/2026

The AFRC has sanctioned two audit firms for significant failures, including a 12-month practice ban for serious misconduct in a licensed corporation engagement.

Structural Regulation

KRX Finalises Low-PBR Disclosure Rules Ahead of November Debut

16/09/2026

KRX will publicly name undervalued firms from 2 November, but offer a one-year exemption for companies that submit value-up plans by 22 October.

AI Risk & Governance

Amazon Pay India Enables Agentic UPI Payments

16/09/2026

The new 'Smart Wallet' allows AI agents to make UPI payments on behalf of users, using a novel consent-based framework for authorisation.