Fraud, Scams & Cybercrime

Conduct, Culture & Accountability

VC Associations Publish Guide to Strengthen Governance in ASEAN Startups

By Nithya Subramanian | 22/04/2025

The guide was jointly developed by venture capital associations in Singapore, Indonesia, Thailand, Vietnam and Malaysia.

Fraud, Scams & Cybercrime

JSDA to Make Multi-Factor Authentication Mandatory for Members

By Editors | 21/04/2025

Customers of six brokerage firms had their accounts hacked, resulting in almost JPY 100 billion worth of unauthorised trades.

Fraud, Scams & Cybercrime

Singapore Police Arrest Man for Selling SIM Cards to Scam Syndicates

By Editors | 21/04/2025

The man paid several students to register SIM cards using their personal information, and then sold those SIM cards to scam syndicates.

AI Risk & Governance

US Imposing New Controls on Chip Exports to China

By Manesh Samtani | 21/04/2025

US lawmakers accuse China’s DeepSeek are circumventing US export controls by smuggling chips through intermediary countries like Singapore

Supervision & Enforcement

Singapore Sharpens Enforcement Focus on Money Laundering, Digital Assets, Scams

By Nathan Lynch | 17/04/2025

MAS has signposted a deliberate shift in enforcement priorities as financial crime risks soar across APAC, writes Nathan Lynch.

Fraud, Scams & Cybercrime

Japan FSA Orders Prudential Life Insurance to Address Misconduct

By Thisanka Siripala | 16/04/2025

The FSA ordered Prudential Life Insurance to submit a detailed plan for addressing fraud and data breaches by former employees.

Fraud, Scams & Cybercrime

Interpol Published Second-ever ‘Silver Notice’ at UK’s Request

By Manesh Samtani | 16/04/2025

The Silver Notice was issued to pinpoint assets held internationally by a man convicted for running a GBP 8.5 million conveyancing fraud.

Fraud, Scams & Cybercrime

HKMA Directs SVF Licensees to Implement Anti-Scam Measures

By Sanday Chongo Kabange | 15/04/2025

SVF licensees are directed to use the measures set out in a December 2024 circular initially intended for authorised institutions.

Fraud, Scams & Cybercrime

UK Using Quantum Tech to Combat Fraud, Money Laundering

By Manesh Samtani | 15/04/2025

Quantum computing is being used to tackle fraud. HSBC is working to find ways it can be used to identify indicators of money laundering.