Fraud, Scams & Cybercrime

South Korea Ramps Up Southeast Asia Scam Crackdown

27/10/2026

Action by the inter-agency task force led to the arrest of 834 suspects and repatriation of 655 fugitives in the region, even as voice-phishing losses decreased.

Fraud, Scams & Cybercrime

Korea Plans New VASP Disclosure Rules Following Blockchain Scam

27/10/2026

The FSS has issued a consumer alert and outlined new disclosure requirements following a USD 2 million cryptocurrency scam.

Anti-Money Laundering

Sri Lanka Revenue Agencies Unite to Combat Money Laundering

27/10/2026

Sri Lanka’s tax and excise authorities have signed an agreement to share intelligence and conduct parallel investigations into financial crimes.

Structural Regulation

Korea: Oversight Flaws Led to Single-Stock ETF Debacle, says FSS Union

27/10/2026

The FSS labour union says its subordination to the FSC contributed to expedited approvals of single-stock leveraged ETFs, calling for legislative reforms to strengthen its independence.

Conduct, Culture & Accountability

Australia Extends KPMG Contract Ban After Whistleblower Review

26/10/2026

An independent review found KPMG Australia mishandled a whistleblower's disclosure, prompting the government to extend its ban on new contracts until February 2027.

PEPs & Sanctions

Australia Sanctions North Korean Entities Over Fraudulent IT Worker Networks

26/10/2026

The Australian government has imposed targeted financial sanctions on two individuals and two entities linked to North Korean fraudulent IT worker networks.

Cybersecurity

China Updates Drone Export Controls, Targets Dual-Use Components

26/10/2026

China has revised its export control framework for unmanned aerial vehicles, tightening restrictions on core components while easing rules for agricultural models.

Structural Regulation

Bangladesh Relaxes Experience Rules for State Bank Chiefs

26/10/2026

Bangladesh has relaxed experience requirements for state-owned bank CEOs to attract private sector talent and improve financial stability.

Credit Risk

Cambodian Banks Pledge Borrower Protection Amid Rising Debt

26/10/2026

The Association of Banks in Cambodia and the Cambodia Microfinance Association have introduced new safeguards to protect vulnerable borrowers.