KYC & CDD

Cryptocurrency

Korean Regulator Concludes Probe into Bithumb 'Ghost Coin' Incident

By Manesh Samtani | 12/03/2026

The FSS has concluded its probe into the exchange's internal control failures, which allowed a payout far exceeding its holdings.

Anti-Money Laundering

New FATF Report Calls for Crackdown on Offshore Crypto Providers

By Manesh Samtani | 12/03/2026

New report outlines risks from offshore crypto firms and calls for coordinated global action from regulators and financial institutions.

Market Abuse

US Lawmakers Probe Alleged Manipulation of US-Listed Chinese Stocks

By Nithya Subramanian | 11/03/2026

A House Select Committee is investigating Wall Street underwriters over their alleged roles in bringing Chinese companies linked to stock manipulation schemes to US markets.

Fraud, Scams & Cybercrime

Google Launches Verification Process for Financial Ads in Malaysia

By Nithya Subramanian | 11/03/2026

Starting from 14 April, only licensed financial firms will be allowed to advertise on the platform to curb rising online scams.

Anti-Money Laundering

Sri Lanka NRA Flags Terror Finance, Drug Trafficking as Top Risks

By Manesh Samtani | 11/03/2026

New national assessment identifies drug trafficking as the top money laundering threat and raises the country's overall terrorist financing risk.

KYC & CDD

Pakistan Launches Digital Registry to Identify Company UBOs

By Nithya Subramanian | 11/03/2026

The new platform strengthens corporate transparency, AML oversight and regulatory monitoring of company ownership structures, aligning with international standards.

Fraud, Scams & Cybercrime

Financial Crime is Scaling Faster than Institutions Meant to Stop It

By Bradley Maclean | 10/03/2026

Experts at Risk Ready APAC 2026 warn that AI enabled scams are moving faster than legacy compliance and enforcement models can respond.

Anti-Money Laundering

KoFIU Proposes Six-Month Suspension, CEO Reprimand for Bithumb

By Manesh Samtani | 10/03/2026

KoFIU cites AML failures, including dealings with unregistered overseas crypto platforms, ahead of a final decision expected on 16 March.

Fraud, Scams & Cybercrime

FSS Korea Announces 2026 Work Plan to Combat Financial Crime

By Manesh Samtani | 10/03/2026

FSS details its plan to combat fraud, including potential no-fault liability for financial institutions and enhanced AML supervision.