Financial Crime

Fraud, Scams & Cybercrime

South Korean Court Jails 46 in Cross-Border Scam Ring Case

By Nithya Subramanian | 22/04/2026

The organised crime group, based in Cambodia and Thailand, defrauded around 110 victims of approximately KRW 9.4 billion.

Supervision & Enforcement

Korea FSS Resumes On-Site Inspections of Private Equity Firms

By Mark Johnston | 22/04/2026

The FSS has begun its first on-site inspection of 2026 at VIG Partners, signalling a continued regulatory crackdown on the sector.

PEPs & Sanctions

US Issues New General Licence for Russia-Origin Oil Transactions

By Manesh Samtani | 22/04/2026

The temporary authorisation allows for the sale and delivery of oil loaded by 17 April, replacing a previous licence that expired earlier in the month.

Payments & Settlements

Japan's SBI Remit Partners Tottori Bank for DLT Remittances

By Editors | 22/04/2026

The move expands a Ripple-powered payment network to 26 institutions, targeting low-value transfers for foreign workers amid rising compliance costs for traditional systems.

Trading & Investment

Bursa Malaysia Launches National Programme to Boost Investor Literacy

By Nithya Subramanian | 22/04/2026

The initiative aims to train 550 individuals to encourage more informed and responsible retail participation in the capital market.

Market Abuse

Korea FSS Forms Task Force to Enforce Stricter Delisting Rules

By Mark Johnston | 22/04/2026

The FSS has launched a multi-departmental unit to enforce stricter delisting rules and crack down on illegal market activities.

Anti-Money Laundering

Indonesia to Bolster Use of Non-Conviction Forfeiture Against Cybercrime

By Manesh Samtani | 22/04/2026

The FIU has highlighted the tool as key to tackling an "enforcement gap" amid rising online fraud and hacking.

Anti-Money Laundering

South Korea, US to Bolster AML Cooperation in Asia-Pacific

By Editors | 21/04/2026

Finance chiefs finalised a critical minerals framework and shared concerns over won volatility, while FIUs agreed to enhance information sharing to combat illicit finance.

Stablecoins

BIS Urges Global Cooperation on Stablecoin Rules to Avert Risks

By Manesh Samtani | 21/04/2026

BIS General Manager Pablo Hernández de Cos warns that divergent national frameworks could lead to market fragmentation and enable harmful regulatory arbitrage.