Fraud, Scams & Cybercrime

Former Australian Director Jailed Over AUD 1.75 Million Fraud

13/08/2026

The former head of a Sharia-compliant financial solutions firm has been imprisoned for dishonestly transferring funds while the company faced insolvency.

Anti-Money Laundering

UK Freezes $33m in Property Linked to Singapore AML Probe

13/08/2026

The NCA has frozen London properties belonging to a fugitive suspect in Singapore's largest-ever money laundering investigation.

Resolution & Recovery

Bangladesh Bank to Liquidate Four NBFIs Under New Resolution Law

13/08/2026

The central bank has initiated resolution proceedings citing severe financial distress and an inability to repay depositors.

Cryptocurrency

Cambodia Establishes Working Group to Draft Digital Asset Law

13/08/2026

An inter-ministerial group will study international best practices to create a comprehensive legal framework for virtual and digital assets in the country.

Fraud, Scams & Cybercrime

Korea Issues Alert on New Gift Certificate Phishing Scam

13/08/2026

The regulator has warned of a new money laundering scheme where scammers use loan offers to obtain mule accounts for laundering stolen funds via retail kiosks.

Resolution & Recovery

India to Prioritise Cross-Border Insolvency Framework

13/08/2026

India will move ahead with a cross-border insolvency framework while a proposed group insolvency mechanism will be tested domestically first, an official said.

Credit Risk

Bangladesh to Launch Asset Quality Review of 11 Troubled Banks

13/08/2026

The central bank is expanding its scrutiny of lenders with high NPLs and capital shortfalls, engaging international firms for the review.

Structural Regulation

Vietnam, Australia Deepen Financial Cooperation Under New MoU

12/08/2026

The two countries have agreed to enhance policy dialogue on financial market supervision and capital market development, and to coordinate on Vietnam's APEC 2027 agenda.

Anti-Bribery & Corruption

Hong Kong: Ex-StanChart Manager Admits Guilt in Bribes-for-Accounts Scheme

12/08/2026

A former relationship manager in Hong Kong has pleaded guilty to accepting bribes to help clients open bank accounts, undermining KYC controls.