Financial Crime

Fraud, Scams & Cybercrime

Rising Financial Fraud in Japan and Countermeasures to Tackle It

By Gavin Blair | 07/10/2025

Record fraud losses in Japan, driven by police impersonation scams, are prompting new countermeasures as criminals move online and overseas.

Conduct, Culture & Accountability

Korea FSS to Launch Consumer Protection Headquarters in Major Overhaul

By Nithya Subramanian | 06/10/2025

The consumer protection arm aims to unify complaint handling, dispute resolution, supervision, and inspection functions, while absorbing key bureaus overseeing planning, personnel, and sanctions.

Structural Regulation

Bangladesh Bank Approves Ordinance to Curb Political Influence

By Mark Johnston | 06/10/2025

The central bank's board has cleared a new ordinance aimed at strengthening its institutional autonomy in line with IMF recommendations.

Structural Regulation

SEBI Refutes Media Reports About Planned Rules for Family Offices

By Editors | 06/10/2025

SEBI refuted media reports that it was considering new rules for family offices, including mandatory disclosures and a new regulatory category.

Fraud, Scams & Cybercrime

Indonesia Arrests Alleged Hacker Over Breach of 4.9M Bank Accounts

By Sanday Chongo Kabange | 06/10/2025

A 22-year-old suspect accused of stealing millions of customer records from a private bank and attempting extortion faces a potential 12-year prison sentence.

Anti-Money Laundering

Philippines AMLC Secures 4th Freeze Order in Flood Control Corruption Probe

By Sanday Chongo Kabange | 06/10/2025

The AMLC has frozen more bank accounts, properties, and virtual currencies linked to alleged irregularities in public infrastructure spending.

Market Abuse

Former REIT Manager Charged for Insider Trading, MAS Reveals

By Nithya Subramanian | 06/10/2025

Xie Jianfeng faces insider trading and deception charges under the Securities and Futures Act for trades made while privy to confidential financial results.

CBDCs

Vietnam Taps State Telcos for CBDC Research Amid Broader Crypto Push

By Sanday Chongo Kabange | 06/10/2025

The SBV has assigned Viettel and MobiFone to conduct foundational research on a CBDC, as the country simultaneously pilots new rules for tokenised assets.

Fraud, Scams & Cybercrime

SBI Crypto Mining Pool Reportedly Hacked, DPRK Link Suspected

By Editors | 06/10/2025

On-chain investigators report a USD 21 million theft from the Japanese financial giant's mining pool, noting similarities to previous North Korean attacks.