Fraud, Scams & Cybercrime

Hong Kong Court Order “Successfully Executed” on Tron Blockchain

31/01/2025

The use of tokenised legal notices opens up an avenue to recover lost funds even when the identity of those controlling crypto wallets are unknown

Fraud, Scams & Cybercrime

Korea Investigates Financial Planners for Alleged Ponzi Fraud

31/01/2025

PS Financial Services and Mirae Asset Financial Services are undergoing on-site inspection as part of the investigation

PEPs & Sanctions

Australia Issues New Guidance on Sanctions Compliance

30/01/2025

The ASO also released a Sanctions Compliance Toolkit and a Sanctions Risk Assessment Tool to facilitate compliance with Australian sanctions laws

Fraud, Scams & Cybercrime

Five Indicted in DPRK Remote IT Worker Fraud Case

30/01/2025

The indictment targets five individuals including two US nationals who operated “laptop farms” at their residences

Trading & Investment

Korea Eases Access to Government Bonds for Foreign Investors

30/01/2025

The measures come ahead of the inclusion of South Korean government bonds in the WGBI, starting in November 2025.

PEPs & Sanctions

EU Imposes Cyber Sanctions Against Three Russian Actors

29/01/2025

The individuals listed were responsible for the theft of thousands of confidential documents from Estonia in 2020

Payments & Settlements

China UnionPay to Enable QR Payments Connectivity for Indonesia

29/01/2025

Indonesia is UnionPay’s fourth country-level cross-border QR payment project in the Southeast Asian market after Cambodia, Vietnam and Laos.

Trading & Investment

Taiwan to Enable Retail Investors to Trade in Foreign Bonds

28/01/2025

Securities firms will be able to self-trade in specific foreign bonds so they can provide investors access to lower denomination subscriptions

Structural Regulation

Taiwan FSC Enhances Cross-selling Benefits Among FIs

28/01/2025

Futures brokers and insurance brokers will be allowed to cross-sell financial products, subject to them meeting certain qualifications.