ADVERTISEMENT
Reporting on fraud schemes, cyber attacks targeting financial systems, regulatory responses, and advancements in fraud prevention technologies.
Fraud, Scams & Cybercrime
ASIC Cautions Against Purchasing ‘Fake Green Bonds’
By Editors | 21/05/2022
ASIC says retail investors who are approached to invest in green bonds should ask their banks for help to check the legitimacy of the offer.
PEPs & Sanctions
US Warns Against Inadvertent Hiring of DPRK IT Workers
By Editors | 19/05/2022
North Korean IT workers may try to obtain employment building crypto exchange platforms and then use the infrastructure to launder money and evade sanctions.
Conduct, Culture & Accountability
Philippines Passes Law to Enhance Financial Consumer Protections
By Sanday Chongo Kabange | 19/05/2022
The law grants regulators enhanced powers to address fraud and consumer complaints in a more timely manner.
Fraud, Scams & Cybercrime
US Charges Crypto CEO for Fraudulent Investment Scheme
By Mark Johnston | 19/05/2022
Eddy Alexandre, the CEO of EminiFX, promised weekly returns would be generated through proprietary robo-advising technology.
Fraud, Scams & Cybercrime
Allianz to Pay $6bn to Settle Investor Fraud Cases
By Editors | 18/05/2022
Allianz Global Investors admitted that it violated the federal securities laws, and is disqualified from providing advisory services to US funds for ten years.
Anti-Money Laundering
HK Police Arrest 17 for Using Virtual Banks to Launder Money
By Editors | 16/05/2022
The syndicate members processed the funds through more than 20 online bank accounts since 2021, police said.
Cryptocurrency
ISDA AGM Highlights Global Scrutiny of Crypto Sector
By Manesh Samtani | 14/05/2022
Senior officials from the FSB, Basel Committee, US SEC, and CFTC spoke at ISDA’s AGM about the need for more regulation in the crypto sector.
Fraud, Scams & Cybercrime
UK Unveils Legislative Agenda for Financial Services, Markets
By Manesh Samtani | 12/05/2022
The agenda includes support for safe crypto adoption, stronger powers to tackle illicit finance, and better fraud protections for consumers.
Fraud, Scams & Cybercrime
US SEC, DOJ File Fraud Charges Over $62mn Crypto Fraud
By Editors | 10/05/2022
MCC International Corp and its founders were charged for selling fraudulent investment plans that promised daily returns from crypto mining and robotic trading.
Fraud, Scams & Cybercrime
Cum-Ex Scandal Widens like a Regulatory Inquisition
By Peter Guy | 10/05/2022
A common tax arbitrage trading strategy is now being prosecuted as outright tax avoidance, catching global banks and traders in a broad net.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.