Financial Crime

Credit Risk

Kazakhstan and China Deepen Financial Regulatory Ties

By Mark Johnston | 28/07/2025

Kazakhstan and China have signed an MoU to enhance cooperation in banking and insurance supervision, aiming to bolster financial system security.

KYC & CDD

Indonesia's OJK Boosts Oversight with Integrated GRC System and Data-Sharing Pact

By Mark Johnston | 28/07/2025

OJK has launched a real-time risk platform and signed a data-sharing pact to tighten supervision of financial firms.

Anti-Money Laundering

India’s ED Raids Anil Ambani Firms in Bank Fraud and Money Laundering Probe

By Mark Johnston | 26/07/2025

The Enforcement Directorate is investigating an alleged INR 30 billion Yes Bank loan fraud, involving multiple regulatory violations and suspected bribery.

Market Abuse

Korea: Ex-Meritz Fire CEO Facing Criminal Prosecution for Insider Trading

By Mark Johnston | 26/07/2025

South Korean financial regulators have referred the former CEO of Meritz Fire & Marine Insurance and other executives for prosecution over alleged insider trading.

Fraud, Scams & Cybercrime

South Korea Places New Reins on Predatory Lenders

By Sanday Chongo Kabange | 25/07/2025

The FSS will block phone numbers and social media accounts used for illegal debt collection and charging usurious interest rates.

PEPs & Sanctions

US Sanctions North Korean IT Network Funding Weapons Programmes

By Sanday Chongo Kabange | 25/07/2025

OFAC designated an alleged front company and three individuals for using fraudulent IT workers to generate revenue for North Korea's missile development.

Fraud, Scams & Cybercrime

Thailand: New Cybercrime Law Prevented $160m in Losses in 3mos

By Nithya Subramanian | 25/07/2025

Between 14 April and 20 July, authorities froze nearly 182,000 bank accounts and took down over 33,000 malicious websites.

Fraud, Scams & Cybercrime

UK Proposes to Ban Ransomware Payments by Public Sector Bodies

By Manesh Samtani | 25/07/2025

The proposed ban in the UK comes nearly two months after mandatory reporting of ransomware payments came into effect in Australia.

PEPs & Sanctions

US Removes Sanctions on Myanmar Military-linked Individuals and Firms

By Editors | 25/07/2025

The US removed several defence sector and logistics entities from its sanctions list, a move rights groups call "extremely worrying".