Financial Crime

Credit Risk

China Rolls Out Loan Subsidies for Consumers and Businesses

By Manesh Samtani | 13/08/2025

Regulators will offer state-funded interest subsidies on personal consumer loans and business loans in key service sectors to stimulate the economy.

Conduct, Culture & Accountability

HKEX, SFC Censure Former Directors in First Joint Non-Cooperation Case

By Sanday Chongo Kabange | 13/08/2025

HKEX and the SFC have publicly censured two former directors of TOMO Holdings for failing to cooperate with investigations by the two regulators.

Fraud, Scams & Cybercrime

South Korea's Do Kwon Pleads Guilty to US Fraud Charges

By Manesh Samtani | 13/08/2025

The plea from the South Korean national follows the USD 40 billion collapse of his Singapore-based firm’s algorithmic stablecoin in 2022.

Anti-Money Laundering

Singapore Appoints Deloitte to Liquidate Assets in SG$3b Money Laundering Case

By Editors | 13/08/2025

The move follows the imposition of millions in penalties on financial institutions and a raft of new AML legislation.

Anti-Money Laundering

Bangladesh Forms Committee to Implement Global Tax Transparency Standard

By Mark Johnston | 13/08/2025

Bangladesh is moving to amend laws and adopt the OECD's Common Reporting Standard to boost tax transparency and curb illicit finance.

PEPs & Sanctions

US Sanctions Hong Kong Firms Over DRC Conflict Minerals Trade

By Manesh Samtani | 13/08/2025

Two Hong Kong-based export companies have been designated for their alleged role in a supply chain linked to an armed group.

Anti-Bribery & Corruption

Indonesian Lawmakers Named in Bank Indonesia and OJK Social Funds Scandal

By Mark Johnston | 13/08/2025

Indonesia’s anti-graft agency has named two lawmakers as suspects in a case involving the alleged misuse of corporate social responsibility funds.

Anti-Money Laundering

Nepal Imposes New AML Rules on Cooperative Institutions

By Editors | 12/08/2025

The government has mandated detailed reporting and 'know your member' rules for all cooperatives as it seeks removal from the FATF grey list.

Credit Risk

SBV Ordered to Prepare Roadmap for Ending Quota System for Credit Growth

By Mark Johnston | 12/08/2025

Instead of a quota, the SBV will build a new set of standards and criteria for credit institutions to ensure they operate in an "efficient and healthy" manner.