Financial Crime

Supervision & Enforcement

China Evergrande to be Delisted in Hong Kong on 25 August

By Editors | 14/08/2025

The move marks a final chapter for the world’s most indebted developer after it failed to meet trading resumption requirements following a court-ordered liquidation.

Fraud, Scams & Cybercrime

India to Ban UPI Peer-to-Peer 'Collect Requests' to Curb Fraud

By Editors | 14/08/2025

The directive, effective from 1 October, targets a feature exploited by fraudsters but will not affect legitimate merchant-initiated payment requests.

Anti-Money Laundering

BIS Proposes 'Compliance Score' Framework for Crypto AML

By Manesh Samtani | 14/08/2025

The approach would leverage public blockchain data to assess illicit financing risks and place a 'duty of care' on crypto off-ramps.

PEPs & Sanctions

China Sanctions Two Lithuanian Banks in Retaliation for EU Measures

By Manesh Samtani | 14/08/2025

The move bans Chinese entities from dealing with the two banks and follows EU sanctions on two Chinese lenders over Russia-related activities.

Fraud, Scams & Cybercrime

Taiwan FSC Fines Cathay United Bank for Internal Control Failures

By Sanday Chongo Kabange | 14/08/2025

The FSC cited serious loopholes in Cathay United Bank’s internal controls, which allowed a customer service agent to fraudulently use multiple clients' credit cards.

Fraud, Scams & Cybercrime

Taiwan Launches New Platforms to Bolster Anti-Fraud Fight

By Manesh Samtani | 14/08/2025

The initiatives include a new communication platform for banks and police, as authorities report a significant drop in financial fraud losses.

Market Abuse

Former Investment Manager Pleads Guilty in ASIC Insider Trading Case

By Sanday Chongo Kabange | 13/08/2025

The case marks the first outcome for a new ASIC taskforce and was detected by the regulator's real-time surveillance technology.

Anti-Money Laundering

New Report Details Crypto's Role in Chinese Underground Banking

By Editors | 13/08/2025

A new report details how Chinese underground networks use cryptocurrency to launder funds for North Korean hackers, cartels, and Triads.

Fraud, Scams & Cybercrime

Indonesia Pushes for Takedown Powers to Combat Illegal Lending

By Editors | 13/08/2025

The illegal lending market dwarfs the regulated sector, prompting calls for new rules to grant the communications ministry direct authority to block illicit platforms.