Financial Crime

Fraud, Scams & Cybercrime

Australia’s CBA Deploys Agentic AI to Generate Real-Time Fraud Rules

By Sanday Chongo Kabange | 26/04/2026

CBA’s new system detects emerging scam patterns and proposes interception rules, which remain subject to human-in-the-loop oversight.

Data Privacy

Japanese Insurers Face New Scrutiny Over Toyota Data Breach

By Editors | 26/04/2026

Employees on loan from Tokio Marine, Mitsui Sumitomo, and Aioi Nissay Dowa improperly accessed information, raising fresh compliance concerns for the non-life sector.

Fraud, Scams & Cybercrime

RBI Orders Banks to Compensate Cyber Fraud Victim

By Nithya Subramanian | 26/04/2026

The order follows an INR 229 million "digital arrest" scam, highlighting bank liability for inadequate monitoring of mule accounts used by fraudsters.

KYC & CDD

Hyderabad Police Urge RBI to Overhaul Controls on Mule Accounts

By Editors | 25/04/2026

A major police investigation has uncovered systemic KYC failures and alleged staff collusion in the creation of fraudulent accounts.

Anti-Money Laundering

Philippines Establishes New Inter-Agency Rules to Enforce POGO Ban

By Sanday Chongo Kabange | 25/04/2026

New inter-agency procedures aim to strengthen enforcement against illegal offshore gaming operators, focusing on asset seizure and financial intelligence.

Fraud, Scams & Cybercrime

Sri Lanka Probes $2.5m Cyber Heist from Finance Ministry

By Nithya Subramanian | 25/04/2026

Hackers diverted a sovereign debt repayment intended for Australia, prompting an investigation into internal control failures and triggering calls for greater parliamentary oversight.

Supervision & Enforcement

India Finalises Online Gaming Rules, Imposing New Obligations on FIs

By Nithya Subramanian | 25/04/2026

New rules effective 1 May establish a gaming authority and prohibit FIs from processing transactions for prohibited online money games.

Anti-Money Laundering

Prince Group Executives Used Tokyo Luxury Real Estate - Reports

By Editors | 25/04/2026

Senior executives linked to the sanctioned Cambodian conglomerate purchased luxury Tokyo properties with cash.

Anti-Bribery & Corruption

China Indicts Former CSRC Anti-Graft Chief for Bribery

By Mark Johnston | 25/04/2026

The case against Wang Huimin, who once led disciplinary inspections at the CSRC, is linked to allegations of accepting bribes in exchange for favours.