Fraud, Scams & Cybercrime

MAS Bans Former DBS Representatives for Forgery Offences

28/09/2026

Four- and five-year bans on former DBS representatives convicted of forgery offences linked to insurance policy applications.

Clearing & Post-Trade

HKEX Clearing Houses to Accept Chinese Bonds as Margin Collateral

28/09/2026

Hong Kong’s derivatives clearing houses plan to accept onshore and offshore Chinese government bonds as non-cash collateral from November 2026.

Structural Regulation

ACCC Blocks IAG's AUD 1.35 Billion Acquisition of RAC Insurance

28/09/2026

The ACCC has formally opposed Insurance Australia Group's proposed acquisition of RAC Insurance, citing severe market concentration concerns under the country's new merger regime.

Anti-Money Laundering

Singapore Charges Malaysian Mastermind Over Money Laundering

28/09/2026

The Malaysian suspect allegedly coordinated runners collecting scam proceeds in Singapore before transporting gold across the border to Malaysia.

Fraud, Scams & Cybercrime

Crypto Firm Bitget Suffers $387M Hack Linked to North Korea

28/09/2026

Crypto exchange Bitget suspended withdrawals following a $387.5 million security breach suspected to involve North Korean hackers.

Payments & Settlements

Korea Enhances Automatic Compensation for Overseas Card FX Losses

28/09/2026

The FSS and card industry will upgrade systems to automatically compensate consumers for foreign exchange losses on cancelled overseas transactions.

Market Abuse

SEBI Expands AI Surveillance to Combat Market Manipulation

28/09/2026

SEBI is increasingly relying on AI and machine learning to detect trading anomalies and social media pump-and-dump schemes.

Credit Risk

Korea Eases P2P Lending Rules to Boost Mid-to-Low Credit Funding

28/09/2026

Reforms for the online investment-linked finance sector will ease investment limits and strengthen regulatory oversight.

Market Abuse

Korean Regulators Refer Crypto Market Manipulators to Prosecutors

28/09/2026

The FSC and FSS have referred four cases involving virtual asset market manipulation and wash trading to investigative authorities.