Financial Crime

Supervision & Enforcement

Korea FSS Set to Launch Investigations Unit, Sanction Crypto Firms

By Mark Johnston | 31/03/2026

FSS Governor also warned of mis-selling risks in overseas private debt and confirms internal control flaws at Bithumb crypto exchange.

Anti-Money Laundering

UK Freezes US$107 Million in London Property Linked to Chinese Fugitive

By Sanday Chongo Kabange | 31/03/2026

The action utilises an Unexplained Wealth Order, placing scrutiny on anti-money laundering checks within the UK’s luxury property market.

Anti-Money Laundering

Sweeping AML/CTF Reforms Take Effect in Australia

By Manesh Samtani | 31/03/2026

The reforms expand the AML/CTF regime to lawyers, accountants and other professional and property sectors, and introduce new travel rule obligations for value transfers, including crypto.

Anti-Money Laundering

Japan Proposes Mandatory Information Sharing for Banks to Combat Fraud

By Mark Johnston | 31/03/2026

The FSA has released draft amendments requiring deposit-taking institutions to share data on fraudulent accounts through a centralised platform.

Structural Regulation

Latest Global Financial Hub Ranking Highlights Importance of Regulatory Certainty

By Sanday Chongo Kabange | 31/03/2026

The latest index reveals a tight race at the top, with Asian centres gaining ground and a clear global demand for predictable regulation.

Cryptocurrency

Japan FSA Warns KuCoin Amid Broader Crypto Oversight Push

By Mark Johnston | 30/03/2026

The regulator has flagged several offshore platforms for unregistered services ahead of planned legislative changes to strengthen its enforcement powers.

Cybersecurity

Hong Kong Amends Security Law to Compel Password Disclosure

By Manesh Samtani | 30/03/2026

New rules introduce jail time for non-compliance and expand customs' powers, prompting concern from legal experts and a US diplomatic alert.

Structural Regulation

AMCHAM Urges Regulatory Overhaul for Korea's Financial Hub Ambitions

By Manesh Samtani | 30/03/2026

New report identifies 39 regulatory divergences from global standards, urging reforms to IT, licensing, and cross-border rules.

Fraud, Scams & Cybercrime

Bangladesh Bank Staff to be Charged Over Decade-Old Cyber Heist

By Nithya Subramanian | 30/03/2026

Investigators have identified nearly 70 suspects, including bank insiders, in the 2016 SWIFT network breach.