Financial Crime

Cryptocurrency

Vietnam to Launch Regulated Crypto Asset Market by Q3 2026

By Nithya Subramanian | 18/05/2026

The move aims to bring trading onshore under a new pilot framework, with five local firms already advancing in the licensing process.

Trade Based Money Laundering

BB Uncovers BDT 105 Million Trade Finance Fraud at Premier Bank

By Editors | 15/05/2026

Central bank found that a single branch facilitated the fraud scheme using inflated export orders and back-to-back letters of credit.

Structural Regulation

India Hikes Precious Metals Import Duty to Support the Rupee

By Nithya Subramanian | 15/05/2026

The move reverses a 2024 duty cut and is aimed at curbing non-essential imports and conserving foreign exchange reserves.

Anti-Bribery & Corruption

Former Senior Chinese Anti-Graft Inspector Indicted for Bribery

By Editors | 15/05/2026

Xu Chuanzhi, who led disciplinary inspections into state banks and security ministries, is accused of taking ‘particularly large’ bribes both during and after his tenure.

Fraud, Scams & Cybercrime

Dubai Leads Global Sting on Transnational Crypto Fraud Networks

By Mark Johnston | 15/05/2026

A coordinated operation involving the UAE, US, and China has led to the arrest of 276 individuals and the closure of nine scam centres engaged in investment and virtual currency fraud.

Fraud, Scams & Cybercrime

Special Economic Zones Are Fuelling Regional Cybercrime Industry: Report

By Manesh Samtani | 15/05/2026

New policy report urges a strategic shift to targeting the financial enablers of industrial-scale scam operations in Southeast Asia.

Fraud, Scams & Cybercrime

Hong Kong Freezes HKD 8.9 Billion in Assets Linked to Prince Group Founder

By Sanday Chongo Kabange | 15/05/2026

Hong Kong’s High Court has granted a restraining order against assets tied to alleged fraud, impacting numerous financial accounts.

Anti-Money Laundering

1MBD Fugitive Jho Low Seeking Seeking US Presidential Pardon

By Nithya Subramanian | 14/05/2026

The alleged mastermind of the 1MDB scandal has requested clemency from President Trump, but the head of Malaysia's task force insists he must face trial at home.

Supervision & Enforcement

Indonesia Gives Citizens Six Months to Repatriate Offshore Assets

By Nithya Subramanian | 14/05/2026

The finance minister has issued a firm deadline for repatriating overseas wealth, warning of legal action as he simultaneously shuts the door on future tax amnesties.