Financial Crime

Anti-Bribery & Corruption

US SEC Seeks India’s Help to Serve Summons in Adani Fraud Case

By Nithya Subramanian | 15/08/2025

The US SEC has asked India to help serve legal notices to Gautam and Sagar Adani over alleged bribery linked to a USD 750 million green bond issue.

Stablecoins

HKMA, SFC Issue Warning Against Speculation Amid Stablecoin Hype

By Sanday Chongo Kabange | 15/08/2025

The HKMA and SFC have cautioned investors against irrational decisions based on speculation over stablecoin licensing, stressing a high bar for approval.

Conduct, Culture & Accountability

ASIC Sues Mercer Super Over Alleged Reporting Failures

By Sanday Chongo Kabange | 15/08/2025

ASIC alleges Mercer Super failed to report investigations into serious member service issues, including for deceased members.

Fraud, Scams & Cybercrime

Korea Rolls Out Real-Time Malware Alert System for FIs

By Manesh Samtani | 15/08/2025

Police will now share data on phones suspected of malicious app infections directly with banks to proactively block fraudulent transactions.

KYC & CDD

RBI Revamps KYC Rules on Disability Access After Court Order

By Manesh Samtani | 15/08/2025

The RBI has issued new directives to ensure non-discriminatory access for disabled persons and has expanded due diligence requirements following a Supreme Court ruling.

Market Abuse

FSA Japan Plans Tougher Penalties for Illicit High-frequency Trading

By Nithya Subramanian | 14/08/2025

The FSA is planning to remove a profit threshold that has allowed small but repeated illicit trades to go unpunished.

Market Abuse

A Regulatory Surveillance Blueprint for Addressing India's OFS Leakage Issue

By Saurabh Maheshwari | 14/08/2025

Research shows how information leaks in India's Offer for Sale mechanism undermine market integrity and demand proactive, tech-driven surveillance.

Market Abuse

SEBI Probes Foreign HFTs over Access to NSE Data: Report

By Nithya Subramanian | 14/08/2025

SEBI is investigating whether global HFT firms gained an unfair edge from enriched NSE data, as part of a wider probe into market manipulation and tax practices.

Supervision & Enforcement

NZ Govt Intervenes to Prevent FMA Litigation Funding Shortfall

By Sanday Chongo Kabange | 14/08/2025

The move will enable the FMA to retain costs awarded to it by the courts. The regulator warned in June that its litigation funding was at risk of being fully depleted.