Financial Crime

Credit Risk

Bangladesh Mandates CIB Reporting for Non-Listed Security Investments

By Mark Johnston | 09/10/2025

New rules require banks and NBFIs to report holdings in certain non-listed securities to the credit bureau to enhance oversight.

Fraud, Scams & Cybercrime

Singapore Court Fines Ex-investment Officer Over Undisclosed Conflicts in Nickel Scam

By Nithya Subramanian | 09/10/2025

Former Envysion Wealth Management director Doo Chun Ki is the first individual convicted under an SFA rule on managing conflicts of interest.

Cybersecurity

Cyber Threats and Regulatory Fragmentation Challenge FIs, Sibos Hears

By Manesh Samtani | 09/10/2025

Sibos panellists discussed the dual challenge of evolving AI-driven threats and a complex global regulatory landscape, calling for greater collaboration and a focus on fundamentals.

Fraud, Scams & Cybercrime

China Sentences 11 to Death in Crackdown on Myanmar Scam Syndicate

By Editors | 09/10/2025

The sentencing of Ming family members followed a major cross-border operation targeting vast fraud and gambling centres in Myanmar's Kokang region.

Anti-Money Laundering

Bangladesh Banks Directed to Engage Global Firms for Asset Recovery

By Mark Johnston | 08/10/2025

Lenders in Bangladesh must partner with international experts to repatriate funds allegedly laundered by high-profile individuals and business groups.

Operational Risk

Australia to Tighten Rules for Managed Investment Schemes

By Sanday Chongo Kabange | 08/10/2025

The government has asked ASIC to review financial requirements for MIS operators following investor losses in the Shield and First Guardian funds.

Anti-Money Laundering

Indian Authorities Work to Resolve Insolvency-PMLA Conflict

By Nithya Subramanian | 08/10/2025

Authorities have agreed on a framework to align overlapping powers under the Insolvency and Bankruptcy Code and the Prevention of Money Laundering Act.

PEPs & Sanctions

MAS Clarifies Sanctions Scope After Russia-Linked Stablecoin Appears at Conference

By Manesh Samtani | 08/10/2025

The issuer of A7A5, owned by a sanctioned Moldovan fugitive banker and Russia’s state-owned Promsvyazbank, was featured as a sponsor at Token2049.

Anti-Money Laundering

Sri Lanka’s FIU Launches Mandatory Survey to Identify VASPs

By Nithya Subramanian | 08/10/2025

The survey aims to strengthen Sri Lanka's readiness for its upcoming AML/CFT evaluation and lay the groundwork for a future registration and reporting framework for VASPs.