Financial Crime

Credit Risk

IMF to Probe Bangladesh Banking Sector Over NPL Data Concealment

By Mark Johnston | 10/11/2025

The fund will look into how bad debt surged to BDT 6.5 trillion, examining manipulation or negligence, and breached a USD 4.7 billion loan condition.

Fraud, Scams & Cybercrime

Scams Cost Indonesia USD 3.3 Billion Annually, Report Finds

By Manesh Samtani | 10/11/2025

New GASA report highlights the scale of fraud, with bank transfers being the top payment method and growing calls for FIs to reimburse victims.

PEPs & Sanctions

Australia Joins US in Issuing New North Korea Sanctions

By Mark Johnston | 10/11/2025

Australia said the action is intended to apply pressure on North Korea’s illegal revenue generation networks and address its persistent challenges to security and stability.

Anti-Money Laundering

Philippines Authorises Migrant Worker Officials as AML Investigators

By Mark Johnston | 10/11/2025

The move aims to combat money laundering and human trafficking targeted at overseas Filipino workers by empowering DMW staff.

Resolution & Recovery

Bangladesh Dissolves Boards of Five Banks in State-Led Rescue Merger

By Mark Johnston | 10/11/2025

BB has formally initiated the resolution process for five Shariah-based banks, after 76 percent of their total disbursed loans defaulted.

AI Risk & Governance

Hong Kong Digital Banks Win High Public Trust: HKAB Survey

By Mark Johnston | 10/11/2025

New HKAB survey finds user confidence in digital banks is strongly linked to awareness of HKMA oversight and deposit protection.

Anti-Money Laundering

Mining the Blockchain: Lessons from the Prince Group Laundering Case

By Nathan Lynch | 10/11/2025

The US DOJ’s case against Chen Zhi, chairman of Cambodian-headquartered Prince Group, has provided a unique window into the role of cryptocurrency in modern money laundering schemes.

Fraud, Scams & Cybercrime

SEBI Urges Tech Platforms to Curb Online Investment Scams

By Nithya Subramanian | 07/11/2025

The regulator seeks stronger verification and labelling systems from social media and app platforms to protect investors.

Fraud, Scams & Cybercrime

India’s Serious Fraud Office to Investigate Anil Ambani’s Reliance Group

By Nithya Subramanian | 07/11/2025

The Ministry of Corporate Affairs has handed a probe into alleged fund diversion to the Serious Fraud Investigation Office after signs of possible Companies Act violations.