Fraud, Scams & Cybercrime

Anti-Money Laundering

Japan Sets New Rules for Donations Using Prepaid Instruments

By Manesh Samtani | 18/11/2025

New framework enables donations via prepaid payment instruments to limited recipients, seeking to balance fraud prevention with the need for innovation.

Fraud, Scams & Cybercrime

Mekong Nations Target Cyber Fraud with New SIM Rules, Mule Account Database

By Manesh Samtani | 18/11/2025

The agreement includes identity-verified SIM registration and a shared database of mule accounts to combat rampant cross-border financial crime.

Fraud, Scams & Cybercrime

Singapore Arrests Two Men Deported from Thailand and Cambodia

By Nithya Subramanian | 18/11/2025

Two Singaporean men deported from Thailand and Cambodia were arrested for allegedly aiding overseas scam centres targeting Singaporeans.

Fraud, Scams & Cybercrime

Taiwan Cabinet Approves Draft Law to Mandate FI, VASP Anti-Fraud Cooperation

By Mark Johnston | 18/11/2025

Amendments establish four mechanisms, including cross-industry data sharing and tech platforms, to combat financial crime.

Anti-Money Laundering

Binance, OKX Processed Illicit Crypto Despite US Oversight: ICIJ

By Editors | 18/11/2025

An investigation found the exchanges handled hundreds of millions in tainted funds after pleading guilty to AML violations.

Fraud, Scams & Cybercrime

New Zealand Scams Cost NZ$3 Billion, Fuelling Calls for Bank Liability

By Manesh Samtani | 17/11/2025

New report finds significant financial losses and low fund recovery rates, prompting recommendations for stricter provider accountability and reimbursement rules.

Market Abuse

US Prosecutors Charge Hong Kong Man Over False SEC Filings

By Sanday Chongo Kabange | 17/11/2025

The indictment alleges false SEC filings were used to create sham investment advisers for a "ramp-and-dump" ploy targeting US retail investors.

Anti-Money Laundering

Sri Lanka Tables 2026 Budget Targeting Digitisation, AML, Tax Reforms

By Mark Johnston | 17/11/2025

Budget 2026 includes plans for a beneficial ownership registry, a national e-invoicing system, and expanded digital payment incentives.

Fraud, Scams & Cybercrime

Korea Launches Mandatory Open Banking Block Service to Curb Fraud

By Sanday Chongo Kabange | 17/11/2025

New measure requires over 3,600 financial firms to offer a service blocking open banking access to combat sophisticated voice phishing scams.