Financial Crime

Stablecoins

China Reaffirms Crypto Ban, Warns on Stablecoin Risks

By Sanday Chongo Kabange | 29/10/2025

The PBOC will continue its crackdown on virtual currencies and monitor overseas stablecoins while launching new e-CNY infrastructure.

Anti-Money Laundering

ASEAN Forms Working Group Targeting Financial and Cyber-enabled Crime

By Nithya Subramanian | 29/10/2025

The dedicated working group on money laundering is aimed at bolstering regional action against financial crime, cyber scams, and other transnational threats.

Market Abuse

MAS Imposes 10-year Ban on Ex-trader for Market Misconduct

By Nithya Subramanian | 29/10/2025

MAS has barred Tang Boon Hai for 10 years following his conviction for false trading and market manipulation involving KTL Global shares.

Fraud, Scams & Cybercrime

Malaysian Consumer Group Seeks Tougher Penalties for Telcos Over Rising Scams

By Nithya Subramanian | 29/10/2025

The Malaysian Muslim Consumers Association is calling on the government to fine telcos up to MYR 50,000 for lax SIM registration procedures.

Anti-Money Laundering

Hong Kong Jails Ex-Exec of Listed Company for Money Laundering

By Editors | 29/10/2025

Wong Ming Chun of delisted Hua Han Health was sentenced to over seven years, prompting a strong warning on corporate governance from the SFC.

Anti-Money Laundering

Entain's Bold Gamble on “Reasonable Precautions” Defence In AML Lawsuit

By Nathan Lynch | 29/10/2025

Sports betting giant Entain is punting on a novel AML/CTF defence, which could set a precedent for businesses that find themselves in AUSTRAC's enforcement crosshairs.

Fraud, Scams & Cybercrime

Global Anti-Ransomware Body Issues New Supply Chain Guidance

By Manesh Samtani | 28/10/2025

The Counter Ransomware Initiative endorsed UK-Singapore-led guidance to help organisations bolster their supply chain security against ransomware attacks.

Fraud, Scams & Cybercrime

Australia Pledges A$83.5m to Bolster Indo-Pacific Cyber Defences

By Sanday Chongo Kabange | 28/10/2025

The four-year investment aims to boost regional cooperation on law enforcement, protect critical infrastructure, and shape international cyber norms.

Cybersecurity

Australian Super Funds to Launch New Cyber Defence Platform

By Sanday Chongo Kabange | 28/10/2025

The AUD 4.3 trillion sector is creating a real-time intelligence platform after a cyber incident earlier this year saw retiree savings stolen.