Financial Crime

Anti-Money Laundering

AUSTRAC Chief Urges Shift Away From ‘Checklist’ Regulation

By Manesh Samtani | 11/05/2026

AUSTRAC’s CEO says a rules-based approach is failing and has called for deeper public-private partnerships and joint analytics to combat evolving criminal threats.

Payments & Settlements

SBV Drafts Rules for Foreign Bank Correspondent Accounts

By Editors | 11/05/2026

The central bank has proposed amendments to allow foreign credit institutions to use local accounts for international payment services.

Anti-Bribery & Corruption

Malaysia MACC Eyes Over MYR 120m in 1MDB-Linked Artworks

By Nithya Subramanian | 11/05/2026

Malaysia's anti-corruption body is pursuing pieces by Monet and Picasso as part of a broader asset recovery that has already reclaimed MYR 31.3 billion.

Fraud, Scams & Cybercrime

Thailand Targets Mule Accounts with New 'Brown' Category

By Editors | 11/05/2026

Authorities are introducing a new classification for suspicious bank accounts and moving to curb the use of youth accounts in financial fraud.

Supervision & Enforcement

BSEC Orders Vanguard Asset Management to Refund $1.7m

By Editors | 11/05/2026

BSEC has penalised the asset manager and its trustee, and referred its auditor for action over illegal investments in non-listed companies.

Anti-Bribery & Corruption

China to Prosecute Former BOCOM Exec for Taking "Massive" Bribes

By Editors | 11/05/2026

The former executive, the country’s first banking CIO, is accused of abusing his power over fintech resources for personal gain.

PEPs & Sanctions

US Sanctions China, HK Firms in Iran Procurement Network

By Manesh Samtani | 10/05/2026

The latest sanctions target entities across Asia and the Middle East, putting foreign financial institutions on notice of potential secondary sanctions.

Trading & Investment

Pakistan Launches Fund to Boost Capital Market Participation

By Editors | 10/05/2026

The industry-led initiative, backed by the securities regulator, aims to increase the country's investor base to 2.5 million through financial literacy and inclusion efforts.

Anti-Money Laundering

AUSTRAC Intensifies Crypto Supervision Ahead of AML Reforms

By Sanday Chongo Kabange | 10/05/2026

AUSTRAC is launching targeted campaigns into the virtual assets sector as landmark AML reforms expand the scope of regulated activities.