Financial Crime

Anti-Money Laundering

Malaysia to Push for ASEAN Money Laundering Working Group

By Nithya Subramanian | 01/09/2025

The initiative, led by Malaysia’s Home Ministry and central bank, aims to strengthen cooperation against financial crimes that affect all 10 member states.

PEPs & Sanctions

Australian Sanctions Office Issues Suite of New Guidance Notes

By Manesh Samtani | 01/09/2025

The new guidance covers proliferation financing risk assessments, securities and investment, mining and machinery exports and the humanitarian sector.

Fraud, Scams & Cybercrime

Southeast Asia Increasingly Shifting Scam Liability to Banks - Report

By Manesh Samtani | 01/09/2025

A new GASA report finds consumers in Southeast Asia lost an estimated USD 23.6 billion in the last year from scams.

Anti-Money Laundering

AUSTRAC Tables New AML/CTF Rules in Parliament

By Manesh Samtani | 01/09/2025

The new rules follow an extensive two-stage consultation process involving nine sector-specific industry working groups.

Anti-Money Laundering

Sri Lanka Mandates Beneficial Ownership Disclosures, Bans Bearer Shares

By Editors | 01/09/2025

New Companies Act amendments aim to align with global AML standards and enhance corporate transparency ahead of a key FATF evaluation.

Fraud, Scams & Cybercrime

Korea to Expand Bank Liability for Voice Phishing Scams

By Manesh Samtani | 29/08/2025

New rules will force FIs to compensate victims even in cases where the victim was deceived into transferring the funds themselves.

Stablecoins

Former PBOC Chief Pushes Back Against Yuan Stablecoin Proposals

By Editors | 29/08/2025

Former PBOC governor Zhou Xiaochuan has warned against the speculative risks and limited utility of stablecoins for China.

Market Abuse

S. Korea Regulators Raid MBK Partners in Homeplus Probe

By Mark Johnston | 29/08/2025

Financial authorities have widened an investigation into the private equity firm over its debt-laden 2015 takeover of the troubled discount retailer, Homeplus.

Market Abuse

India: Court Accepts CBI Closure Report in NSE Co-Location Audit Case

By Nithya Subramanian | 29/08/2025

The court accepted the CBI report citing insufficient evidence of criminal intent, but urged SEBI to take its investor protection duties more seriously.