KYC & CDD

Fraud, Scams & Cybercrime

Singapore Charges 15 for Sharing Singpass Details to Create Shell Companies

By Nithya Subramanian | 30/04/2026

The individuals allegedly sold their national digital identity credentials to a criminal syndicate, facilitating the creation of shell companies and fraudulent work pass applications.

Supervision & Enforcement

Korean Crypto Exchange Coinone Sues Regulator Over AML Sanctions

By Editors | 30/04/2026

The legal challenge follows a KRW 5.2 billion fine and a partial business suspension for anti–money laundering rule breaches.

Anti-Money Laundering

Japan Targets Money Laundering Risks in Crypto-Funded Real Estate Deals

By Sanday Chongo Kabange | 29/04/2026

Four Japanese government agencies have issued a joint warning on the money laundering risks of using crypto in property transactions, demanding stricter controls.

Cybersecurity

Korea Plans Pre-emptive Shift in Financial Supervision

By Sanday Chongo Kabange | 28/04/2026

The FSS has announced a major policy shift, focusing on pre-emptive digital risk management, enhanced product disclosures, and stricter rules for financial firms.

Data Privacy

IG Japan Reports Data Mishandling, Cites Vendor Oversight Failure

By Sanday Chongo Kabange | 28/04/2026

The Japanese broker has apologised for mishandling the personal data of over 160,000 clients, attributing the failure to poor supervision of its UK-based affiliate.

Payments & Settlements

RBI Cancels Licence of Paytm Payments Bank

By Editors | 27/04/2026

The central bank has cited persistent non-compliance and conduct detrimental to depositor interests as reasons for the final regulatory action.

Anti-Money Laundering

Bangladesh Pursues Deals with 10 Nations to Recover Laundered Funds

By Editors | 27/04/2026

Inter-agency task force has been formed and legal requests sent as the government targets an estimated USD 234 billion siphoned abroad.

Fraud, Scams & Cybercrime

Asian Regulators Pivot to ‘Co-Creation’ to Govern AI and Digital Finance

By Manesh Samtani | 27/04/2026

At Money20/20 Asia, regional policymakers outlined a new collaborative approach to regulation as experts warned that AI-powered financial scams now surpass the global drug trade.

Custody & Infrastructure

Vietnam's NDAChain Used in Cross-Border On-Chain PoC

By Editors | 27/04/2026

A proof-of-concept between Vietnam and Indonesia has tested a model for compliant, cross-border digital transactions using verified credentials.