Financial Crime

Anti-Money Laundering

Indonesia Deploys AML Framework to Tackle Subsidised Fuel Fraud

By Editors | 13/04/2026

PPATK is working with police to trace illicit funds and seize assets in a scheme causing trillions of rupiah in state losses.

Anti-Money Laundering

Australian Accountants Face Major AML Reform Readiness Gap

By Sanday Chongo Kabange | 13/04/2026

A recent survey reveals widespread unpreparedness among Australian accountants for impending AML reforms, raising concerns about compliance burdens and potential penalties.

Anti-Money Laundering

India Seizes $1.8m in Assets in Co-operative Bank Fraud Probe

By Editors | 13/04/2026

Enforcement Directorate attaches assets linked to the former chairman of New India Co-operative Bank in a money laundering investigation.

Credit Risk

China Targets Harmful Competition in New Rural Finance Rules

By Mark Johnston | 13/04/2026

NFRA shifts focus from rapid growth to sustainable lending quality and is cracking down on harmful price wars in rural finance.

Fraud, Scams & Cybercrime

India Proposes Payment Lags, 'Kill Switch' to Combat Digital Fraud

By Nithya Subramanian | 13/04/2026

The RBI has proposed a raft of new measures, including a one-hour delay on some transfers, to tackle surging online payment fraud.

Anti-Money Laundering

AUSTRAC Finds Major AML Vulnerabilities at Foreign-Owned Banks

By Sanday Chongo Kabange | 13/04/2026

AUSTRAC uncovers significant weaknesses in AML controls and reporting following two separate supervisory campaigns targeting foreign-owned banks.

Fraud, Scams & Cybercrime

Korea Deploys AI to Proactively Block Financial Spam

By Mark Johnston | 13/04/2026

Financial regulators will use NLP to automatically identify and block evolving fraudulent investment and loan-related text messages.

Fraud, Scams & Cybercrime

Bangladesh Limits Mobile Financial Accounts Per ID to Curb Fraud

By Nithya Subramanian | 13/04/2026

New rules will require mobile numbers to be registered to the account holder's own National ID, as authorities move to strengthen payment security and curb fraud.

Sustainable Finance

ASEAN Endorses New Financial Integration and Sustainability Roadmap

By Manesh Samtani | 12/04/2026

ASEAN finance chiefs have endorsed a new five-year plan for deeper financial integration, digital transformation, and sustainable growth.