Financial Crime

Anti-Money Laundering

Philippines Convicts Compliance Officer in Bangladesh Bank Heist Case

By Mark Johnston | 28/04/2026

A compliance officer at a remittance firm has been found guilty of record-keeping failures linked to the USD 81 million cyber theft.

Fraud, Scams & Cybercrime

Hong Kong Brokerage CEO Arrested in HKD 43 Million Embezzlement Case

By Editors | 27/04/2026

The arrest of a senior executive at a licensed insurance brokerage has cast a spotlight on internal controls and raised wider concerns about market conduct.

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.

Anti-Money Laundering

Taiwan Indicts Taichung Bank Managers in Money Laundering Scheme

By Editors | 27/04/2026

Seven individuals, including six managers from Taichung Commercial Bank, face charges for allegedly helping a criminal syndicate launder funds through shell company accounts.

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.

PEPs & Sanctions

US Sanctions Chinese Refiner, Targets Iran’s Crypto Reserves

By Manesh Samtani | 27/04/2026

OFAC designated a major Chinese refinery and dozens of shipping firms for facilitating Iranian oil sales, while also freezing USD 344 million in crypto assets.

Fraud, Scams & Cybercrime

Singapore Police, Crypto Exchanges Prevent S$2.86m in Scam Losses

By Editors | 27/04/2026

A joint operation using advanced blockchain analysis has been hailed as a significant advancement in Singapore’s fight against financial crime involving digital assets.