Fraud, Scams & Cybercrime

Anti-Money Laundering

India’s Enforcement Directorate Arrests Company Founders in Gaming Crackdown

By Nithya Subramanian | 28/11/2025

The authorities allege illegal gaming operations, algorithmic rigging and laundering of funds through offshore entities as part of a probe into gaming platforms.

Anti-Money Laundering

Hong Kong SFC Issues AML Warning as JFIU Prepares New STR Platform

By Sanday Chongo Kabange | 28/11/2025

The SFC has detailed expected controls to combat layering via brokerages and virtual assets, as HKPF prepare to launch a new system for reporting suspicious transactions.

Conduct, Culture & Accountability

FSC Korea to Launch New Policy Committee with Private Sector Majority

By Manesh Samtani | 28/11/2025

The public-private body will evaluate consumer protection, financial crime, and inclusive finance policies to embed a consumer-centric view.

Fraud, Scams & Cybercrime

Korea's Upbit Halts Services After USD 31M Crypto Hack

By Manesh Samtani | 28/11/2025

The breach occurred a day after a major acquisition deal was announced, prompting an on-site inspection by financial authorities.

Payments & Settlements

India's Digital Stack: Turning Data Into Dollars for Asia's Unbanked

By Nathan Lynch | 27/11/2025

India's open-source tech stack has delivered bank accounts to almost a billion people, a model that Asia's emerging markets can emulate in their quest to foster financial inclusion and fight financial crime.

Fraud, Scams & Cybercrime

Singapore Orders Apple, Google to Block Spoofing on Messaging Apps

By Nithya Subramanian | 27/11/2025

The SPF has directed the two companies to deploy anti-spoofing safeguards on iMessage and Google Messages by 30 November to curb rising impersonation scams.

Fraud, Scams & Cybercrime

Indonesian Banking Roundtable Highlights Need for Real-Time Fraud Prevention

By Nathan Lynch | 26/11/2025

Indonesian financial institutions are pushing for proactive fraud prevention as scams proliferate across the Asia-Pacific region.

Anti-Money Laundering

Singapore Widens Probe into Prince Group, Raids Car Leasing Firm

By Nithya Subramanian | 26/11/2025

Authorities have expanded a money-laundering investigation linked to Cambodian tycoon Chen Zhi, targeting a local car-leasing firm in new raids and arrests.

Anti-Money Laundering

UK Details How Laundering Network Bought Kyrgyz Bank to Evade Sanctions

By Manesh Samtani | 25/11/2025

NCA revealed a billion-dollar scheme that used cash-to-crypto swaps and the purchase of Kyrgyzstan-based Keremet Bank to launder criminal funds.