Financial Crime

Fraud, Scams & Cybercrime

Cambodia Arrests Over 1,000 in Crackdown on Scam Syndicates

By Nithya Subramanian | 19/07/2025

The arrests follow a directive from Prime Minister Hun Manet targeting foreign-run scam syndicates operating in Cambodia.

Trading & Investment

SEBI Eyes Longer Tenure Derivatives Contracts

By Nithya Subramanian | 18/07/2025

SEBI plans to reform the derivatives segment by extending contract tenures, citing high retail losses and excessive expiry-day trading.

Anti-Money Laundering

Egmont Group Mandates FIU Independence as Core Member Requirement

By Editors | 18/07/2025

The Egmont Group of Financial Intelligence Units will now require members to guarantee the operational independence and autonomy of their organisations.

KYC & CDD

Korean Lawmaker Says Upbit Faces Potential Multi-Trillion Won Fine

By Editors | 18/07/2025

A senior lawmaker has urged the regulator to impose a fine on the country's top crypto exchange for millions of alleged KYC violations.

Capital Adequacy

BCBS Paper Maps Framework for Effective Bank Supervision

By Editors | 18/07/2025

New paper highlights a shift to outcome-focused supervision, resting on robust tools, proactive culture, and cross-border cooperation.

Anti-Money Laundering

RBI Proposes Rules to Standardise Closure of Old Export Bills

By Nithya Subramanian | 18/07/2025

The RBI aims to create a uniform process for banks to close long-pending shipping bills, reducing compliance burdens.

Fraud, Scams & Cybercrime

Malaysia Police Becomes Lead Agency for National Scam Centre

By Editors | 17/07/2025

The move aims to centralise and strengthen the response to online scams to speed up account freezing and return stolen money faster.

Fraud, Scams & Cybercrime

South Korea Set to Enact Law Changes Targeting Illegal Lending

By Nithya Subramanian | 17/07/2025

Starting 22 July, Korea will nullify loan contracts with annual interest rates exceeding 60% and those involving coercion or exploitation.

AI Risk & Governance

MAS Rolling Out Four Pronged Responsible AI Adoption Strategy

By Nithya Subramanian | 17/07/2025

Chia Der Jiun unveiled a four-pronged strategy to promote responsible AI adoption in financial services, and said MAS has completed its Quantum Key Distribution sandbox trial