Credit Risk

Korea Implements New Statute of Limitations Rule for Bad Debt

14/10/2026

The FSC and FSS have introduced a conditional bad debt recognition system to prevent financial institutions from endlessly extending debt collections.

Alternative Markets

Korea FSS to Inspect Internal Controls at PE Fund Managers

14/10/2026

The FSS will review internal control systems at 30 private equity fund managers to restore market confidence.

PEPs & Sanctions

US Authorities Scrutinise Binance's Compliance with 2023 Settlement Agreement

14/10/2026

US prosecutors are investigating whether Binance breached its 2023 settlement after internal records revealed an Iranian network processed USD 850 million through the platform.

Sustainable Finance

Philippines SEC Proposes Exchange-Led Green Equity Rules

14/10/2026

The SEC is consulting on proposed revisions that would shift oversight of green equity labels to stock exchanges.

Fraud, Scams & Cybercrime

Malaysia Proposes Settlement with Deutsche Bank Over 1MDB

14/10/2026

The proposed settlement concerns a USD 1.1 billion claim over three wire transfers in 2009 and 2011, as Malaysia pursues 1MDB recoveries.

Fraud, Scams & Cybercrime

UK Freezes London Properties Linked to Prince Group Finance Chief

14/10/2026

UK authorities have frozen luxury London properties and crypto assets tied to the Prince Group amid an international illicit finance crackdown.

DeFi & Web3

MAS Signals Decentralised Crypto is Outside its Purview - Reports

14/10/2026

MAS says the decentralised perpetual futures platform falls outside its jurisdiction despite its Singapore corporate registration and local team.

Anti-Bribery & Corruption

Hong Kong ICAC Charges Six Over HKD 20 Million Tech Subsidy Fraud

14/10/2026

Six individuals, including a former Cyberport department head, face bribery and fraud charges over a HKD 20 million government subsidy scheme.

Cybersecurity

US Seizes Chinese Hacking Tools Following APAC Cyberattacks

14/10/2026

The US has seized domains linked to Chinese state-sponsored hackers targeting critical infrastructure across the Asia-Pacific region