Fraud, Scams & Cybercrime

Hong Kong Jails Former StanChart Bankers Over JPY 400 Million Fraud

10/08/2026

Two ex-relationship managers have been sentenced for their role in a cross-border investment scam that used falsified bank documents to defraud Japanese investors.

Resolution & Recovery

Bangladesh Withdraws Administrators from Merged Islamic Banks

10/08/2026

The central bank is phasing out its direct oversight of five Shariah-based banks that were consolidated to address financial instability.

Liquidity Risk

Indonesia Injects IDR 70 Trillion to Boost Bank Lending

10/08/2026

The government is boosting bank liquidity and extending fund placements to encourage credit growth.

Fraud, Scams & Cybercrime

Banks Freeze Singapore Accounts of Major Iron Ore Trader

10/08/2026

Deutsche Bank and KBC are among several FIs taking action against Radiant World amid concerns over falsified documents.

Supervision & Enforcement

ASIC Suspends CFD Issuer Licence Over Client Money Failures

10/08/2026

ASIC has suspended GFA Capital Markets for five months, citing multiple breaches of client money, reporting and compliance obligations.

Credit Risk

India: Top Mortgage Lender Suggests Capping Rates on Affordable Housing Loans

10/08/2026

LIC Housing Finance has urged regulators to cap lending spreads for affordable housing loans, calling current rates unsustainable.

Credit Risk

Bangladesh Lifts Lending Caps on State-Owned Sonali Bank

10/08/2026

BB has removed long-standing restrictions on five key branches but has warned the lender to maintain strict due diligence on new loans.

Fraud, Scams & Cybercrime

Hong Kong Bans Former China Candy Executives for 13 Years Over Fraud

10/08/2026

The SFC has secured lengthy disqualification orders against three former top executives for orchestrating a "fiendish" corporate fraud.

Credit Risk

RBI to Standardise Lending Rate Rules, Reopen UCB Licensing

10/08/2026

The central bank has announced plans to harmonise interest rate rules for all regulated entities and resume licensing for urban cooperative banks.