United States

Structural Regulation

Philippines to End A/B Classification of Listed Company Shares

By Editors | 03/05/2025

Industry says phasing out the A/B share classification structure will make it simpler for investors and improve liquidity, while removing a source of arbitrage

Anti-Money Laundering

FinCEN Moves to Cut Off Cambodia’s Huione Group from US Financial System

By Nithya Subramanian | 02/05/2025

FinCEN said Huione Group laundered over $4 billion in illicit funds linked to North Korean cyber heists and cryptocurrency scams across Southeast Asia.

Trade Based Money Laundering

Taiwan to Enforce Declaration of Origin for US-Bound Goods

By Nithya Subramanian | 02/05/2025

Taiwan will require all US-bound exports to carry a signed declaration of origin starting 7 May to prevent Chinese goods from being routed through Taiwan to evade US tariffs.

PEPs & Sanctions

OFAC Sanctions Chinese Companies for Chemical Shipments to Iran

By Manesh Samtani | 30/04/2025

Five China-based companies were sanctioned over shipments of ballistic missile propellant ingredients for use by Iran’s IRGC.

Fraud, Scams & Cybercrime

FBI Identifies Hong Kong as Top Destination for Fraudulent Wire Transfers

By Manesh Samtani | 27/04/2025

Other top international destinations for fraudulent wire transactions in 2024 included Vietnam, Philippines, India and China.

Payments & Settlements

US Criticises Indonesia Over QR Code Payment System

By Mark Johnston | 27/04/2025

USTR says US companies were not adequately informed about or invited to share views on QRIS policy-making.

Market Data & Technology

Sri Lanka to Adopt XBRL for Reporting by Listed Companies

By Editors | 26/04/2025

The Colombo Stock Exchange said it will adopt a phased approach for implementation, starting with interim financial statements in early 2026.

Market Abuse

US to Investigate Pre-2019 Market Manipulation in Sri Lanka

By Thisanka Siripala | 24/04/2025

US authorities will reportedly pursue prominent Sri Lankan businessmen for an alleged pump-and-dump scheme that defrauded US investors.

Cryptocurrency

Thailand SEC Revises Advertising Rules for Crypto, Digital Tokens

By Sanday Chongo Kabange | 22/04/2025

The revised advertising rules improve the size and format of warning text, which should cover both cryptocurrency and digital token products.