Financial Crime

PEPs & Sanctions

China Activates Blocking Statute to Counter US Sanctions

By Manesh Samtani | 06/05/2026

China's first use of its anti-sanctions law creates a direct legal conflict for global financial institutions caught between US and Chinese rules.

Trading & Investment

India Unlikely to Allow Banks, Insurers to Trade Commodity Derivatives: SEBI

By Editors | 06/05/2026

SEBI chairman says the central bank and insurance authority are not inclined to permit their regulated entities to invest in commodity derivatives.

Payments & Settlements

ASEAN+3 to Deepen Dialogue on Cross-Border Payments, Stablecoins

By Nithya Subramanian | 05/05/2026

The new process will focus on retail and wholesale payment linkages, while addressing regulatory fragmentation and stablecoin risks.

Fraud, Scams & Cybercrime

MAS Trials Pooled Bank Data for AI-Powered Scam Detection

By Nithya Subramanian | 05/05/2026

The proof-of-value initiative will test data-sharing approach to improve scam detection and enable earlier intervention across institutions.

Anti-Money Laundering

South Korean Court Halts Bithumb's Six-Month Business Suspension

By Mark Johnston | 05/05/2026

A Seoul court has granted an injunction against a partial business ban, escalating a legal battle between regulators and major cryptocurrency exchanges over AML rules.

Anti-Money Laundering

India’s ED Pivots to Crypto and Cybercrime Amid Enforcement Surge

By Editors | 05/05/2026

The Enforcement Directorate is shifting its focus to crypto and cybercrime, following a sharp increase in enforcement actions in the 2025-26 financial year.

PEPs & Sanctions

US Expands International Reach of Cuba Sanctions Programme

By Manesh Samtani | 04/05/2026

New executive order authorises secondary sanctions against foreign financial institutions and companies doing business with designated Cuban entities.

Structural Regulation

China's Legislature Progresses New Overarching Financial Laws

By Manesh Samtani | 04/05/2026

China’s top legislature has confirmed plans to formulate both a Financial Law and a Financial Stability Law this year, creating a new overarching legal framework for the financial sector.

PEPs & Sanctions

US Sanctions China, Hong Kong Firms in Iran Oil Trade Crackdown

By Manesh Samtani | 04/05/2026

The US targeted a Chinese oil terminal and numerous Hong Kong-based front companies, while issuing new warnings on sanctions evasion, digital assets, and maritime risks.