Fraud, Scams & Cybercrime

Supervision & Enforcement

Malaysia SC, Tax Authority Ink Pact to Tackle Complex Financial Crime

By Sanday Chongo Kabange | 22/12/2025

The agreement between the SC and IRB establishes a framework for information and intelligence sharing to combat evolving threats like market misconduct and tax evasion.

Fraud, Scams & Cybercrime

Hong Kong Suspends eKYC for Pension Platform After Fraud

By Sanday Chongo Kabange | 22/12/2025

Authorities have suspended the digital verification process and launched a multi-agency review after scammers used forged IDs to steal funds via the new eMPF Platform.

Fraud, Scams & Cybercrime

Thai Supreme Court Shifts Fraud Liability to Banks

By Mark Johnston | 22/12/2025

The ruling places the burden of proof on financial institutions, but consumer protection is not automatic and requires specific actions.

Fraud, Scams & Cybercrime

Interpol Convenes Asian Nations to Forge Anti-Scam Centre Strategy

By Manesh Samtani | 22/12/2025

A five-day meeting brought together Cambodia, Laos, Myanmar and the Philippines to learn from regional experts and develop national strategies against fraud.

Fraud, Scams & Cybercrime

Taiwan FSC to Target Fraud, VASP Risks in 2026 Examinations

By Sanday Chongo Kabange | 22/12/2025

The examinations plan for 2026 signals a heightened focus on financial crime and mis-selling, while introducing key new requirements for VASPs and cloud security.

Fraud, Scams & Cybercrime

Taiwan Moves Towards ATM Facial Detection Rules to Combat Fraud

By Editors | 19/12/2025

Regulators are considering rules that would require ATM users to remove face coverings, with some banks already piloting alerts and transaction blocks.

Cryptocurrency

Australia Court Orders Winding Up of Crypto Firms Over A$59m Unlicensed Scheme

By Sanday Chongo Kabange | 19/12/2025

The Federal Court found the firms operated an unregistered managed investment scheme and acted without a licence.

Anti-Money Laundering

Indonesia FIU Pushes for ‘Adaptive Oversight’ to Combat Complex Financial Crime

By Editors | 19/12/2025

Regulators call for a shift from administrative compliance to outcome-based supervision to tackle evolving threats like cyber-attacks and crypto risks.

Conduct, Culture & Accountability

Korea Forms New Committee to Bolster Financial Consumer Protection

By Sanday Chongo Kabange | 19/12/2025

The public-private body will review financial consumer policy, with a private-sector-only subcommittee established to ensure independent evaluation.