Fraud, Scams & Cybercrime

Taiwan to Mandate Data Sharing Between Banks and Crypto Firms

08/08/2025

The FSC will amend laws to create a joint inquiry mechanism, allowing real-time monitoring of suspicious cash and cryptocurrency flows.

Emerging Prudential Risks

Taiwan FSC Reorganises Banking Bureau to Bolster Systemic Risk Oversight

08/08/2025

The regulator has reassigned duties to centralise macroprudential supervision and bring leasing firms under a new consumer protection and AML remit.

Cryptocurrency

Vietnam Submits Crypto Exchange Pilot Plan for Politburo Approval

08/08/2025

The finance ministry has finalised its proposal for a regulatory sandbox, which could launch as early as this month with a limited number of private-sector exchanges.

Conduct, Culture & Accountability

Australia's Financial Accountability Regime Under Fire for Lack of Enforcement

07/08/2025

A key post-royal commission reform is being criticised for failing to produce any penalties, despite numerous instances of misconduct in the financial sector.

Tokenisation

Chinese Fintech to Launch Country's First Agricultural RWA Project

07/08/2025

CAC Fintech's strategic alliance with SFC-licensed Eddid Financial will focus on the tokenisation of agricultural assets, aligning with a mainland policy directives.

Anti-Bribery & Corruption

Malaysia Examines Proposal for Unexplained Wealth Law

06/08/2025

The government is studying a proposal for Unexplained Wealth Orders to combat corruption but will move slowly to avoid unintended consequences.

Fraud, Scams & Cybercrime

South Korea Crypto CEO Gets Second Jail Term for Fraud

06/08/2025

The head of the collapsed Bitsonic exchange has been convicted of a new fraud scheme while already serving a seven-year sentence for a larger case of market manipulation.

Fraud, Scams & Cybercrime

Korea FSS Hails Success of Online Platforms in Blocking Fraud

06/08/2025

Over the past year, a collaboration with Google and Kakao using AI and pre-verification has blocked over 270,000 fraudulent accounts and halved complaints about illegal ads.

Reporting & Disclosures

India: Parliamentary Panel Calls for New ESG Body to Combat Greenwashing

06/08/2025

The parliamentary committee has urged the MCA to create a specialised body and amend company law to fight misleading environmental claims.