Financial Crime

Structural Regulation

China Targets Firms Using Financial Labels Without a Licence

By Editors | 01/05/2026

Regulators have begun publicly naming companies using restricted financial terms, ordering them to amend registrations or deregister as part of a broader crackdown.

Fraud, Scams & Cybercrime

Digital Innovation Poses Risks to Consumer Financial Health: BIS Paper

By Manesh Samtani | 01/05/2026

New paper warns that the benefits of digital finance are emerging alongside new vulnerabilities, highlighting the crucial role of regulators.

Anti-Money Laundering

Hong Kong to Expand AML Information Sharing Platform to All Retail Banks

By Sanday Chongo Kabange | 30/04/2026

The FINEST platform will be rolled out to all 28 retail banks by June 2026, as part of a wide-ranging regulatory agenda unveiled by the HKMA.

Fraud, Scams & Cybercrime

Singapore Charges 15 for Sharing Singpass Details to Create Shell Companies

By Nithya Subramanian | 30/04/2026

The individuals allegedly sold their national digital identity credentials to a criminal syndicate, facilitating the creation of shell companies and fraudulent work pass applications.

PEPs & Sanctions

BNM Fines Zurich Units for Sanctions Screening Failures

By Nithya Subramanian | 30/04/2026

The central bank has penalised two insurance units for failing to promptly update their sanctions database, leading to the onboarding of sanctioned entities.

Anti-Money Laundering

Vietnam Sets Out AML/CFT Action Plan Ahead of APG Review

By Sanday Chongo Kabange | 30/04/2026

The plan aims to overhaul Vietnam's legal framework and enforcement effectiveness in preparation for its 2028 APG mutual evaluation.

Fraud, Scams & Cybercrime

Bangladesh Recovers $3.6m in Laundered Cryptocurrency

By Editors | 30/04/2026

Authorities have repatriated funds from a fraudulent investment scheme in a first-of-its-kind recovery, highlighting growing cross-border enforcement capabilities in tackling digital asset crime.

Anti-Money Laundering

Malaysia’s Labuan FSA Outlines Plan to Prioritise Regulatory Strengthening

By Nithya Subramanian | 30/04/2026

The offshore regulator plans enhancements across key sectors while aligning with global standards, following a 13% rise in industry assets.

AI Risk & Governance

Philippine Think Tank Calls for AI Governance to Boost Financial Inclusion

By Sanday Chongo Kabange | 30/04/2026

New study highlights a growing gap between digital adoption and financial inclusion, urging policy alignment on artificial intelligence and cybersecurity.