Anti-Money Laundering

Sri Lanka Enacts Major AML/CFT Reforms Ahead of FATF Evaluation

06/08/2026

The new laws expand the scope of money laundering offences, bring virtual asset service providers into the regulatory net, and strengthen FIU powers.

Cryptocurrency

Bitget to Exit Japan Following Multiple Warnings from Regulator

06/08/2026

The cryptocurrency exchange will cease services for Japanese residents by year-end, following multiple regulatory warnings and ahead of tougher penalties.

Supervision & Enforcement

BSEC Bars Former DSE Official from All Capital Market Roles

06/08/2026

The action follows a finding of gross negligence in the official's failure to conduct timely brokerage inspections linked to a major fraud scandal.

Structural Regulation

Korea Targets High-Value and Investment Property in Tax Overhaul

06/08/2026

The reforms will shift the tax burden based on property value and residency status, introducing higher holding taxes and capping capital gains deductions.

Conduct, Culture & Accountability

New Zealand Launches Probe Into Financial Regulator’s Culture

06/08/2026

An independent investigation has been launched into the workplace conduct and culture at the FMA.

Anti-Money Laundering

Bangladesh to Freeze 14,000 MFS Accounts in Gambling Crackdown

06/08/2026

The move is part of a broader clampdown on illegal online gambling and informal money transfers under a new cybersecurity law.

KYC & CDD

India’s PFRDA Expands Distribution Network for National Pension System

05/08/2026

The regulator has permitted Points of Presence to engage co-operatives, fintechs, and other entities as agents to boost last-mile outreach.

Fraud, Scams & Cybercrime

Vietnam Proposes Closing Dormant Bank Accounts to Curb Fraud

05/08/2026

SBV seeking to allow the closure of accounts that are inactive for three years, though some banks are pushing for a shorter timeframe.

Resolution & Recovery

India Considers Creating Dedicated NCLT Benches for Real Estate Insolvencies

05/08/2026

The Insolvency and Bankruptcy Board of India is pushing for specialised benches to handle a growing backlog of complex property-related insolvency cases.