Financial Crime

Cybersecurity

India Bank Transfer Data Exposed in Massive Cloud Leak

By Nithya Subramanian | 30/09/2025

Research by cybersecurity firm, UpGuard, discovered that more than 270,000 bank transfer documents were exposed online, revealing customer account numbers, contact details and transaction data.

Cryptocurrency

Thailand Launches 'TouristDigiPay' Sandbox for Crypto-to-Baht Payments

By Editors | 29/09/2025

The SEC is accepting applications for a new programme allowing tourists to convert digital assets for spending via the Thai QR code system.

PEPs & Sanctions

Former Myanmar Advisor Calls for Broader, 'Go Big' Sanctions

By Manesh Samtani | 29/09/2025

Sean Turnell, a former advisor to Aung San Suu Kyi, describes a 'tottering' banking system and urges a broader sanctions regime to choke off military funding.

PEPs & Sanctions

UN Sanctions on Iran Reimposed, Targeting Banking and Assets

By Manesh Samtani | 29/09/2025

"Snapback" triggered by European powers restores asset freezes and financial restrictions; China and Russia dispute the move's legality.

Anti-Money Laundering

Thailand's Deputy Finance Minister Linked to Dirty Money Network - Report

By Editors | 29/09/2025

Vorapak Tanyawong allegedly used Singapore VCCs to conceal the takeover of a Thai finance company that was used to launder scam proceeds from Cambodia.

Conduct, Culture & Accountability

China's State Banks Impose Sweeping Pay Cuts, Salary Caps

By Editors | 29/09/2025

The reforms aim to narrow pay gaps and redirect funds to frontline staff amid a broader push to curb excessive pay.

Anti-Money Laundering

Hong Kong Secures First Money Laundering Conviction in Wildlife Trafficking Case

By Editors | 29/09/2025

A 37-year-old man has been jailed for 40 months under an amended ordinance, signalling a new focus on the financial proceeds of the illegal trade.

Fraud, Scams & Cybercrime

HKMA Consults Banks on Framework for Sharing Scam Losses

By Manesh Samtani | 29/09/2025

The proposed framework aims to guide how liability is shared when customers are tricked into authorising payments to fraudsters amid a rise in such cases.

PEPs & Sanctions

China Sanctions Six US Firms Over Taiwan and National Security Concerns

By Editors | 29/09/2025

China added the companies to its "unreliable entity" and export control lists, citing military cooperation with Taiwan and risks to its national security.