International

Anti-Money Laundering

North Korean Operative Laundered Stolen Crypto via Global Banks, US Alleges

By Editors | 28/12/2025

Indictments claim Sim Hyon-sop used a complex network involving brokers and shell companies to evade sanctions and process funds.

Anti-Money Laundering

Korea to Revamp AML Rules to Target FIs With Weak Controls

By Editors | 26/12/2025

KoFIU will introduce penalties for weak controls and incentives for certified staff in its 2026 evaluation programme.

Anti-Money Laundering

Philippines House Passes Bill to Amend Bank Secrecy

By Editors | 26/12/2025

The measure grants the central bank powers to examine accounts in corruption cases, aligning with international AML standards.

Fraud, Scams & Cybercrime

India Seeks Global Asset Freeze in Alleged INR 50 bn Forex Fraud

By Editors | 26/12/2025

Authorities have issued an Interpol notice and are coordinating with the FBI and Europol in a probe into unauthorised trading platform OctaFX.

Anti-Bribery & Corruption

Five Eyes Partners Jointly Issue Foreign Bribery Guidance

By Editors | 26/12/2025

International taskforce releases a consolidated list of indicators to help FIs and businesses identify and report corruption.

Market Abuse

Australia Warn of Global 'Pump-and-Dump' Threat, Jails Manipulators

By Editors | 24/12/2025

ASIC warns of increasingly sophisticated, cross-border manipulation schemes being discussed by global financial watchdogs.

Capital Adequacy

HKMA Finalises Prudential Rules for Banks' Crypto Exposures

By Manesh Samtani | 23/12/2025

The new framework, effective from January 2026, implements Basel standards and sets out detailed capital, liquidity and risk management requirements.

Resolution & Recovery

Cambodia Unveils New Financial Sector Strategy for 2025-2030

By Sanday Chongo Kabange | 23/12/2025

New five-year plan details 866 measures to bolster resilience, with a focus on digitalisation, de-dollarisation, and sustainable finance.

Fraud, Scams & Cybercrime

Interpol Convenes Asian Nations to Forge Anti-Scam Centre Strategy

By Manesh Samtani | 22/12/2025

A five-day meeting brought together Cambodia, Laos, Myanmar and the Philippines to learn from regional experts and develop national strategies against fraud.