Fraud, Scams & Cybercrime

Trading & Investment

Hong Kong Regulator Outlines Crowd-funding Risks, Regulatory Issues

By Editors | 08/05/2014

Crowd-funding that allows people to raise money for loans, causes, or projects through the web pose potential regulatory compliance issues and other investment risks.

Payments & Settlements

S. Korea Tightens Monitoring of Chinese Online Payment Firm

By Editors | 06/05/2014

The Financial Supervisory Service has stepped up its monitoring of Chinese online payment service firm Alipay that will open a new type of offline service in the country.

Fraud, Scams & Cybercrime

RBS Fined HK$6m Over Illegal Emerging Markets Trades

By Editors | 22/04/2014

The Royal Bank of Scotland (RBS) has been fined HK$6 million for internal control failures relating to the detection and prevention of unauthorized trading activities.

Fraud, Scams & Cybercrime

China Regulators Target Illegal Funds amid Booming E-Finance

By Editors | 22/04/2014

The China Banking Regulatory Commission is stepping up efforts to combat illegal fund-raising over the internet, and aims to roll out an investor education campaign to guide the public.

Fraud, Scams & Cybercrime

Re-promulgated Securities Laws to Boost SEBI Powers to Fight Ponzi Schemes

By Editors | 31/03/2014

India has re-promulgated the Securities Laws Ordinance that seeks to empower the Securities & Exchange Board of India to effectively check illegal deposit taking and Ponzi schemes.

Fraud, Scams & Cybercrime

Indonesian Regulator Vows Stronger Safeguards, Probes into Dubious Investment Products

By Editors | 25/03/2014

The Financial Services Authority (OJK) is looking into the activities of at least 238 companies that are suspected of offering dubious investments from the beginning of 2014.

Trading & Investment

IOSCO Issues Report on Risks and Benefits of Financial Return Crowd-Funding

By Editors | 06/02/2014

The Research Department of the International Organization of Securities Commissions has published a paper that highlights risks associated with the fast-growing crowd-funding industry.

Data Privacy

S. Korea Regulator Eyes Overhaul of Anti-Piracy Policy to Combat Data Theft

By Editors | 22/01/2014

The country’s financial industry watchdog plans an overhaul of anti-piracy polices to fight data breach.

Fraud, Scams & Cybercrime

SEC Halts Worldwide Pyramid Scheme

By Editors | 21/10/2013

The Securities and Exchange Commission today announced charges and asset freezes against the operators and promoters of a worldwide pyramid […]