Fraud, Scams & Cybercrime

ASIC Secures Record 14-Year Sentence for Ponzi Scheme Operator

03/11/2025

A Perth businessman has been jailed over a multi-million-dollar fraud in what ASIC has called one of its most serious investigations.

Clearing & Post-Trade

India's ICCL Unifies Penalty Framework for Market Limit Violations

31/10/2025

The new framework introduces a consolidated penalty structure for trading and position limit violations across equity, currency, and lending segments.

Conduct, Culture & Accountability

BNK Busan Bank Refunds Overcharged Loan Interest After FSS Probe

31/10/2025

The lender incorrectly calculated additional interest rates on thousands of loans, prompting a consumer protection warning from the FSS.

Resolution & Recovery

ICBC to Absorb Troubled Bank of Jinzhou in State-Led Rescue

31/10/2025

The move marks the culmination of a multi-year crisis and highlights China's strategy of using large banks to resolve regional financial risks.

Fraud, Scams & Cybercrime

Bangladesh Bank Probes Internal System Breach Involving Fraud

31/10/2025

Officials’ passwords were allegedly used to steal BDT 2.5 million, prompting a multi-agency investigation and the freezing of bank accounts.

Anti-Money Laundering

Korea Busts Ring Laundering for Cambodia-Based Fraud Group

31/10/2025

Police said the group used fake bank and cryptocurrency accounts to process funds from an investment scam operating from a dedicated crime complex.

PEPs & Sanctions

NZ Targets 'Shadow Fleet' Actors in Expanded Russia Sanctions

30/10/2025

The measures target 65 vessels and actors from Belarus, Iran and North Korea involved in transporting and financing Russian oil.

AI Risk & Governance

World Bank Deploys AI to Create 'Single Source of Truth' for Bond Issuance

30/10/2025

The "SHASTRA" tool uses generative AI to extract trade data from term sheets, aiming to reduce operational risk and create a 'golden copy' for market participants.

Credit Risk

BCBS Issues New Rules for Hedging Derivative Counterparty Risk

30/10/2025

The new rule requires banks to calculate a residual unprotected exposure when hedging derivative counterparty risk with fixed-amount credit protection.