Structural Regulation

Korean Unions Threaten General Strike Over Regulator Relocation Plan

24/08/2026

Unions are threatening a general strike over government plans to move key financial institutions, including top regulators, out of Seoul.

KYC & CDD

SEBI Grants GIFT City Firms Access to Centralised KYC Records

24/08/2026

The move aims to create interoperability between India's onshore market and its financial free zone, streamlining client onboarding and data sharing.

Sustainable Finance

Cambodian Government Establishes Green Finance Working Group

24/08/2026

The new multi-agency body, chaired by the NBC, will develop policies and strategies to mobilise capital for sustainable development.

Payments & Settlements

Cambodia and Weixin Pay Launch Cross-Border QR Payments

24/08/2026

The new payment linkage allows Chinese tourists to pay seamlessly at local merchants, boosting commerce and financial interoperability between the nations.

Cryptocurrency

Singapore Court Freezes S$75m in Disputed Crypto Transfer Case

24/08/2026

The SICC granted a proprietary injunction over assets mistakenly sent by a major crypto exchange due to a ledger error.

Credit Risk

Bank of Shanghai Set to Take Direct Control of HK Unit

24/08/2026

The move follows five years of heavy losses at the investment banking arm and aims to tighten oversight and support the parent’s cross-border strategy.

Fraud, Scams & Cybercrime

Korean Banks Hit by KRW 550 Billion in Misconduct Losses Since 2017

24/08/2026

Data reveals a dramatic spike in financial incidents in recent years, with a lawmaker demanding tougher regulatory oversight and accountability.

Anti-Money Laundering

US Court Sentences Chinese National Over Money Laundering Networks

24/08/2026

The case reveals details about the methods used by Chinese money laundering organisations to exploit the US financial system.

Trading & Investment

Bangladesh Bank Overhauls Sukuk Allocation System, Reserves 50% for Islamic FIs

24/08/2026

The new quota system for government sukuk auctions creates distinct categories for fully Shariah-compliant institutions and Islamic windows operated by conventional banks.