Financial Crime

Anti-Money Laundering

Hong Kong Police Bust HKD 66 Million Laundering Ring

By Editors | 22/09/2025

Syndicate allegedly used over 30 stooge accounts at both traditional and virtual banks, operating from hotel rooms to process illicit funds.

Emerging Prudential Risks

China Advances Banking Law Overhaul to Strengthen Supervision

By Editors | 22/09/2025

A draft amendment approved in principle by the State Council aims to fill regulatory gaps and crack down on illegal financial activities.

Trading & Investment

Thailand Acts to Stabilise Baht After Surge to Four-Year High

By Editors | 21/09/2025

BOT confirmed intervention and the new government vowed to probe capital flows as the currency's strength threatens exports and tourism.

Anti-Money Laundering

INTERPOL to Bolster Fight Against Illicit Finance in Asia with New Tools

By Editors | 21/09/2025

Law enforcement leaders endorsed new measures for rapid payment intervention and asset freezing to combat organised crime and illegal financial flows.

Fraud, Scams & Cybercrime

South Korea Expands 24/7 Hotline as Voice Phishing Scams Surge

By Nithya Subramanian | 21/09/2025

South Korea has expanded its voice phishing hotline as AI-driven scams surge, with new tactics such as “self-confinement” fraud raising police concerns.

Supervision & Enforcement

China Lifts Exit Ban on Wells Fargo Banker After US Talks

By Editors | 21/09/2025

Chenyue Mao, a Chinese-born US citizen, was placed under an exit ban earlier this year during a business trip to China.

Anti-Money Laundering

Ditching De-Risking: FATF’s Latest Guidance Signals Shift in Risk Appetite

By Nathan Lynch | 21/09/2025

The FATF's new guidance will force countries to strike a better balance between AML/CFT compliance and financial inclusion, writes Nathan Lynch.

Fraud, Scams & Cybercrime

Japan’s National Police Flags Surge in Phishing, Record Losses

By Nithya Subramanian | 21/09/2025

Phishing cases hit 1.2 million in the first half of 2025, with online banking scams already costing victims over JYP 4 billion.

Supervision & Enforcement

Australian Senator Demands 'Heads on Spikes' Over Super Fund Collapses

By Editors | 21/09/2025

The failure of funds threatening AUD 1 billion in investor savings has put Australia's corporate regulator under pressure over its enforcement speed and effectiveness.