Fraud, Scams & Cybercrime

AI Risk & Governance

India Notifies New IT Rules to Regulate AI and Tackle Deepfakes

By Nithya Subramanian | 18/02/2026

New IT rules require social media and other intermediaries to label AI-generated content and remove unlawful posts, including deepfakes, within three hours.

Trading & Investment

China Curbs High-Leverage Gold Trading After Platform Collapses

By Mark Johnston | 17/02/2026

Shenzhen has banned quasi-futures gold schemes after the failure of a platform involving CNY 13.3 billion left investors facing steep losses.

KYC & CDD

Malaysia: MyDigital ID Partners Banks, Fintechs to Roll Out Digital Verification

By Nithya Subramanian | 17/02/2026

MyDigital ID has partnered with 15 banks and fintech firms to integrate real-time e-verification into onboarding and transactions to combat digital fraud.

Fraud, Scams & Cybercrime

Pakistan, Sri Lanka to Forge Joint Strategy on Cybercrime, Financial Fraud

By Editors | 17/02/2026

The two nations have agreed to enhance security cooperation and conduct joint law enforcement training to combat transnational criminal mafias.

Fraud, Scams & Cybercrime

Claws of Crime: Local AI Agents Pose Fresh Threat for AML/CTF Teams

By Nathan Lynch | 17/02/2026

Locally run AI agents like OpenClaw, operating beyond cloud guardrails on cheap hardware, risk unleashing a cottage industry of sophisticated financial crime.

Fraud, Scams & Cybercrime

Taiwan Proposes Stricter Bank Account Rules to Combat Fraud

By Mark Johnston | 17/02/2026

Draft rules expand suspicious account definitions, empower banks to refuse transactions, and allow direct notification to prosecutors for urgent cases.

Anti-Money Laundering

Thailand's AMLO Seeks Forfeiture of THB 13b in Scam-Linked Assets

By Mark Johnston | 16/02/2026

AMLO moves to forfeit assets across four major fraud cases tied to Cambodia-based criminal networks and their Thai associates.

Fraud, Scams & Cybercrime

Cambodia Drafts New Law to Bolster Crackdown on Online Scams

By Nithya Subramanian | 16/02/2026

The draft law is a high-priority move to protect the public, safeguard Cambodia’s digital economy and curb escalating technology-based fraud losses.

Anti-Money Laundering

FATF Sets Sights on Global Fraud and Crypto Risks

By Manesh Samtani | 14/02/2026

The FATF added Papua New Guinea and Kuwait to its grey list, adopted Singapore's mutual evaluation, and approved new reports on cyber-enabled fraud and virtual assets.