Fraud, Scams & Cybercrime

Hong Kong Brokerage Clerk Convicted in HKD 31 Million Impersonation Fraud

29/04/2026

An accounting clerk has been convicted of money laundering after being deceived by a national security impersonator into stealing from her employer.

Conduct, Culture & Accountability

Bangladesh Bank Eases Curbs on Bank Incentive Bonuses

29/04/2026

The central bank will allow lenders to pay discretionary bonuses based on operating profit, relaxing stricter rules introduced late last year.

Anti-Bribery & Corruption

PBOC Vows to Curb Excessive Competition in Financial Sector

29/04/2026

The PBOC signalled a crackdown on excessive competition, reaffirming its focus on managing risks at LGFVs and smaller financial institutions.

Conduct, Culture & Accountability

FSS Korea Overhauls Executive Pay Disclosure Rules

29/04/2026

The FSS has finalised rules requiring listed companies to link executive remuneration to corporate performance and provide greater detail on stock-based awards.

Custody & Infrastructure

Korea: K bank to Test Blockchain Infrastructure for Remittances

29/04/2026

Partnership between K bank and Ripple will assess whether blockchain technology can improve the speed, cost-efficiency, and transparency of cross-border payments.

PEPs & Sanctions

China Adds EU Firms to Export Control List Over Taiwan Arms Sales

29/04/2026

China has for the first time placed EU entities on its export control list, restricting their access to dual-use goods.

Supervision & Enforcement

FSC Korea Establishing System to Monitor FSS in Real Time

29/04/2026

The FSC is building a new system to track inspections and sanctions by its executive body, aiming to enhance oversight.

Anti-Money Laundering

Philippine Central Bank Chief Sued Over AMLC Data Disclosure

29/04/2026

The complaint alleges illegal disclosure of financial data during a political hearing, challenging the country’s bank secrecy and AML laws.

Structural Regulation

Taiwan Widens Talent Pool for Futures Firm Auditors

28/04/2026

The FSC has amended rules to allow professionals with accounting firm audit experience to serve as internal auditors at futures firms.