Anti-Money Laundering

SFC Fines Victory Securities HKD 1.7 Million for AML and KYC Failures

28/07/2026

The SFC has penalised the firm and suspended a senior manager for serious control failings linked to a suspected ramp-and-dump scheme.

PEPs & Sanctions

South Korea Detains Cargo Ship Over Suspected DPRK Sanctions Violations

28/07/2026

The vessel, Prada, was detained in March after being identified as part of an international call for a crackdown on illicit trade.

Market Abuse

MAS Bans Former REIT CIO for Market Manipulation

28/07/2026

The former Chief Investment Officer of EC World REIT's manager has received a three-year prohibition order for conspiring to manipulate the REIT's unit price.

Credit Risk

Bangladesh Loan Recovery Stalled by BDT 110 Billion in Valuation Disputes

28/07/2026

Legal challenges over outdated property valuations are holding up the recovery of billions in defaulted loans, highlighting systemic weaknesses and calls for reform.

Trading & Investment

Chinese Banks Halt Retail Trading in Paper Gold Products

28/07/2026

Major banks are ending retail paper gold products linked to the Shanghai Gold Exchange, citing the need to manage risks amid price volatility.

Credit Risk

Korea's Public Institutions Found Flouting Employee Loan Rules

28/07/2026

Dozens of state-run bodies provided staff with housing loans that exceeded official limits and offered ultra-low rates, undermining household debt controls.

Market Data & Technology

Philippine Stock Exchange Sets Go-Live Date for New Back Office Portal

28/07/2026

The new platform for trading participants will launch in August, introducing new features and operational changes ahead of a wider trading engine upgrade in November.

Anti-Bribery & Corruption

China Investigates Former CSRC Vice-Chair Fang Xinghai

28/07/2026

The Stanford-educated official, known for championing the opening of China’s capital markets, is the latest senior figure to be ensnared in a widening anti-corruption campaign.

Payments & Settlements

Indian Fintechs Warn Against Roll-Out of New UPI Checkout Framework

28/07/2026

Smaller payment apps are urging NPCI to reconsider a new framework, warning it will entrench market leaders.