Financial Crime

Conduct, Culture & Accountability

ASIC Gives Licensees Extra Relief Under Reportable Situations Regime

By Sanday Chongo Kabange | 01/07/2025

ASIC said the relief reduces some of the reporting burden on industry while upholding the objectives of the reportable situations regime.

Anti-Money Laundering

Malaysia Targets Overseas Assets Linked to Former Finance Minister

By Nithya Subramanian | 01/07/2025

The MACC has sought foreign cooperation to freeze and investigate wealth across five jurisdictions, including the US, Singapore, and Japan.

Fraud, Scams & Cybercrime

Australian Banking Alliance Uses Teamwork and Trust to Tackle Scams

By Nathan Lynch | 30/06/2025

Australia’s major banks have pioneered a financial crime-fighting alliance to slash scam losses using technology, teamwork and trust.

Custody & Infrastructure

Hong Kong Consults on Virtual Asset Rules for OTC Dealing and Custodians

By Sanday Chongo Kabange | 30/06/2025

FSTB and SFC are consulting on virtual asset regulatory regimes for OTC trading services and custodian services.

Fraud, Scams & Cybercrime

Cambodia ‘Deliberately Ignoring’ Slavery and Torture in Scam Compounds – Report

By Nithya Subramanian | 30/06/2025

An investigation by Amnesty International found that Cambodian police sometimes work with the bosses of scam compounds.

Credit Risk

Korea Tightens Moneylender Rules, Setting 60% ‘Anti-Social’ Rate Cap

By Editors | 30/06/2025

The FSC is introducing stricter capital rules for credit businesses and will void loans with rates above 60% under new consumer protection measures.

Liquidity Risk

HKMA Offers Favourable Liquidity Treatment for ‘Money Safe’ Deposits

By Manesh Samtani | 30/06/2025

HKMA will allow deposits locked in the new anti-scam feature to be treated as more stable for liquidity calculations.

Supervision & Enforcement

SEBI Tightens Oversight of Brokers After Inspections Reveal Lapses

By Editors | 30/06/2025

SEBI has mandated annual inspections and stricter checks for market manipulation following findings of widespread non-compliance by brokers.

Anti-Money Laundering

Hong Kong Rules Out Bespoke Regime for Family Offices

By Manesh Samtani | 30/06/2025

Hong Kong will rely on existing activity-based licensing and AML laws to police the sector, while enhancing tax breaks.