Financial Crime

Fraud, Scams & Cybercrime

RBI Grants Approval for Digital Payments Intelligence Platform

By Nithya Subramanian | 12/12/2025

SBI and Bank of Baroda take the lead in building a shared digital payments intelligence platform to strengthen real-time fraud detection across the financial system.

Capital Adequacy

Japan FSA Proposes to Extend Regional Bank Support, Tighten Governance Rules

By Manesh Samtani | 12/12/2025

Proposals include extending capital injection schemes and easing investment rules, while tightening governance requirements in the wake of a recent scandal.

KYC & CDD

Australia's FAAA Launches Digital ID Tool to Meet AML Rules

By Sanday Chongo Kabange | 12/12/2025

The tool, launched by the Financial Advice Association of Australia, aims to help financial advisers meet 'Safe Harbour' provisions under AML/CTF laws.

PEPs & Sanctions

Chinese Chipmaker Sues US Government Over Blacklist Status

By Manesh Samtani | 12/12/2025

Yangtze Memory Technologies, a major flash memory maker, is challenging its inclusion on a US defence blacklist, citing reputational harm and a lack of due process.

Trade Based Money Laundering

US Busts Network Smuggling AI Chips to China, Hong Kong

By Manesh Samtani | 12/12/2025

The case exposes significant illicit finance and export control compliance risks for firms with exposure to China and Hong Kong supply chains.

Anti-Bribery & Corruption

China Banker's 10-Year Sentence Signals Heightened Risk for SOEs

By Editors | 12/12/2025

The bribery conviction expands the definition of 'state employee', exposing investment bankers at state-controlled firms to tougher criminal scrutiny.

Capital Adequacy

ECB Proposes Overhaul of Bank Capital Rules, Casting Doubt on AT1 Bonds

By Manesh Samtani | 12/12/2025

One of the proposals is to completely remove AT1s from the going-concern capital stack, similar to the approach taken by Australia and New Zealand.

PEPs & Sanctions

UK Sanctions Two China-Based Firms Over Global Cyberattacks

By Nithya Subramanian | 12/12/2025

The UK sanctioned two China-based tech firms for global cyberattacks, underscoring rising state-linked cyber threats and escalating hybrid warfare concerns.

Anti-Money Laundering

India Cracks Down on Tax Evasion Linked to Virtual Assets

By Nithya Subramanian | 12/12/2025

India has intensified its crackdown on undisclosed crypto income, uncovering major tax evasion, tightening reporting rules, and expanding AML oversight of virtual asset platforms.