Financial Crime

Cybersecurity

Korea Plans Pre-emptive Shift in Financial Supervision

By Sanday Chongo Kabange | 28/04/2026

The FSS has announced a major policy shift, focusing on pre-emptive digital risk management, enhanced product disclosures, and stricter rules for financial firms.

Anti-Bribery & Corruption

Singapore Court Approves Seatrium's Deferred Prosecution Deal

By Nithya Subramanian | 28/04/2026

The offshore and marine giant will pay a penalty and overhaul its compliance programme to resolve a long-running corruption probe linked to Brazil.

Cybersecurity

Global Agencies Warn of Covert China-Linked Cyber Networks

By Editors | 28/04/2026

Cybersecurity bodies from ten countries have issued joint guidance for organisations to defend against a major shift in Chinese state-sponsored hacking tactics.

Data Privacy

IG Japan Reports Data Mishandling, Cites Vendor Oversight Failure

By Sanday Chongo Kabange | 28/04/2026

The Japanese broker has apologised for mishandling the personal data of over 160,000 clients, attributing the failure to poor supervision of its UK-based affiliate.

Supervision & Enforcement

Nippon Life India Arm to Settle Yes Bank AT-1 Bond Case: Report

By Editors | 28/04/2026

The settlement with SEBI will see the majority of funds returned directly to investors who suffered losses from the high-risk bonds.

Supervision & Enforcement

Korea Unveils Plan to ‘Expel’ Repeat Cartel Offenders

By Mark Johnston | 28/04/2026

The KFTC announced a plan to combat corporate collusion with tougher sanctions, including business suspensions, executive ousters, and significantly increased fines.

PEPs & Sanctions

EU Targets Crypto and Third-Country Evasion in Russia Sanctions Package

By Manesh Samtani | 28/04/2026

The package imposes a total sectoral ban on providing crypto-asset services to or transacting with any Russian-established crypto provider.

Anti-Money Laundering

Philippines Convicts Compliance Officer in Bangladesh Bank Heist Case

By Mark Johnston | 28/04/2026

A compliance officer at a remittance firm has been found guilty of record-keeping failures linked to the USD 81 million cyber theft.

Fraud, Scams & Cybercrime

Hong Kong Brokerage CEO Arrested in HKD 43 Million Embezzlement Case

By Editors | 27/04/2026

The arrest of a senior executive at a licensed insurance brokerage has cast a spotlight on internal controls and raised wider concerns about market conduct.