Financial Crime

Fraud, Scams & Cybercrime

RBI to Soon Issue Guidelines on AI Use for Mule Detection

By Nithya Subramanian | 21/08/2025

Banks will be required to use AI verification to detect and block mule accounts to help curb online scams and strengthen financial system security.

Anti-Money Laundering

BSP Pledges Stronger Financial Crime Safeguards

By Nithya Subramanian | 21/08/2025

The Philippines’ exit from global money laundering watchlists is expected to lower remittance costs, ease banking ties abroad, and boost investor confidence in its financial system.

Anti-Money Laundering

Industry Launches Real-time Crypto Crime Response Network

By Manesh Samtani | 21/08/2025

The Beacon Network aims to set a new standard for real-time financial crime response and prevent illicit crypto funds from being cashed out.

Fraud, Scams & Cybercrime

Indonesia Unveils Multi-Agency Drive to Combat Digital Financial Fraud

By Sanday Chongo Kabange | 20/08/2025

Indonesia's OJK and government agencies launched a national campaign to combat digital financial fraud, urging industry collaboration.

Stablecoins

BOK Backs Cautious, Bank-Led Approach to Stablecoin Issuance

By Editors | 20/08/2025

BOK Governor Lee Chang-yong advocates for bank-centric stablecoin issuance, seeking to curb financial risks and disruption ahead of new regulations.

Fraud, Scams & Cybercrime

BOT Tightens Mobile Banking Transfer Limits to Contain Fraud

By Editors | 20/08/2025

Bank of Thailand has tightened mobile banking transfer limits, aiming to curb financial fraud and safeguard vulnerable users.

Fraud, Scams & Cybercrime

HKMA Outlines Tech-Driven AML Strategy, Reports Lower Fraud Losses

By Manesh Samtani | 20/08/2025

Eddie Yue details HKMA's multi-pronged approach using real-time monitoring and enhanced data sharing as new measures show early success in curbing financial crime.

Market Abuse

KRX Proposes Individual-Based Monitoring to Curb Illegal Trading

By Mark Johnston | 20/08/2025

The bourse operator plans a new data submission requirement for members to better detect links between accounts held by individuals.

Trading & Investment

Guangzhou Unveils Reforms to Boost Nansha's GBA Hub Ambitions

By Manesh Samtani | 20/08/2025

Guangzhou unveils 88 measures to bolster Nansha as a GBA financial hub, focusing on cross-border cooperation, innovation, and regulatory enhancements.