Financial Crime

Structural Regulation

Korea FSS Fines Dunamu and Other Fintechs for Sandbox Breaches

By Editors | 20/08/2025

Firms operating unlisted stock and fractional investment platforms penalised for failing to meet investor protection and advertising conditions.

Market Abuse

FSS Korea to Build Surveillance System for New ATS Nextrade

By Mark Johnston | 20/08/2025

FSS Korea is developing a direct monitoring system for Nextrade amid rising volumes and unfair trading concerns.

Anti-Money Laundering

Vietnam Proposes Overhaul of Overseas Investment Rules

By Mark Johnston | 19/08/2025

Shifting oversight to the central bank, the move aims to cut red tape for investors and enhance state management through foreign exchange and AML controls.

Fraud, Scams & Cybercrime

Japan Brokers Seeking to Target Cybercriminals for Fraudulent Trades

By Editors | 19/08/2025

The JSDA is exploring ways to suspend perpetrator accounts as regulators mandate stronger security measures like MFA and breach notifications.

PEPs & Sanctions

Vietnamese Banks Increase Scrutiny of Russian Transactions

By Mark Johnston | 19/08/2025

Banks in Vietnam are imposing stringent new documentation requirements for payments linked to Russian entities to mitigate the risk of secondary sanctions.

Anti-Money Laundering

Hong Kong SFC Bans Former Fund Manager for Regulatory Failures

By Sanday Chongo Kabange | 19/08/2025

The SFC fined the former manager-in-charge HK$400,000 for AML control failures related to the management of several private funds.

Cryptocurrency

Thailand to Launch Crypto Regulatory Sandbox for Tourist Payments in Q4

By | 19/08/2025

The programme requires tourists to use SEC and BOT-licenced firms for crypto-to-baht conversion, with strict KYC checks and spending limits.

PEPs & Sanctions

South Korea Approves New Regulations on Terrorism Financing

By Editors | 19/08/2025

New rules effective from January 2026 will automatically apply to firms where designated persons own 50% or more or exert control.

Anti-Money Laundering

Balancing Act: FATF Walks Fine Line Between Crime-Fighting and Inclusion

By Nathan Lynch | 18/08/2025

Banks across the Asia-Pacific region need to strike a better balance between the complementary goals of financial crime-fighting and financial inclusion, writes Nathan Lynch.