Financial Crime

Cryptocurrency

Korean Regulators Warn of Extreme Price Risk in Virtual Asset Sector

By Sanday Chongo Kabange | 26/03/2026

The average max drawdown for virtual assets was 73% in H2 2025, compared to just 28.3% for the KOSPI and 18.8% for the KOSDAQ.

Market Abuse

OJK Indonesia Probes Poor IPO Practices at Investment Banks

By Nithya Subramanian | 26/03/2026

OJK has already penalised UOB Kay Hian and is investigating Mirae and Shinhan, which are among "32 ongoing cases" related to suspected capital markets violations.

Tokenisation

Japanese Lawmakers Launch Task Force to Draft On-Chain Finance Rules

By Sanday Chongo Kabange | 26/03/2026

The new LDP project team aims to create a national framework for tokenised finance, putting pressure on regulators and financial institutions.

Anti-Bribery & Corruption

China Probes Senior Financial Regulator in Widening Graft Crackdown

By Mark Johnston | 26/03/2026

Zhou Liang, a vice-minister at the NFRA and a former anti-graft official, is the latest high-profile target in the country's finance-focused purge.

Anti-Money Laundering

Taiwan Indicts 10 in US$1Bn Money Laundering Case Involving Macau Casinos

By Sanday Chongo Kabange | 26/03/2026

Prosecutors have charged a gambling syndicate that used credit card overpayments and casino chip purchases to move illicit funds offshore.

Market Abuse

SFC Imposes Lifetime Ban, HKD 17.4M Fine for Fund Misconduct

By Sanday Chongo Kabange | 25/03/2026

A former investment analyst funnelled millions from a fund to a personal company through undisclosed, unsecured loans, prompting a lifetime exclusion.

Anti-Money Laundering

SEBI Proposes Framework for Gifting Mutual Fund Investments

By Nithya Subramanian | 25/03/2026

The regulator aims to boost financial inclusion with a proposal allowing investments via prepaid instruments, subject to strict AML checks.

Supervision & Enforcement

India's HDFC Bank Turmoil Tied to Credit Suisse AT1 Losses - Reports

By Nithya Subramanian | 25/03/2026

A mis-selling scandal involving Credit Suisse bonds has triggered a leadership crisis, executive firings, and a share price plunge at HDFC Bank.

PEPs & Sanctions

Australia's Open-Source CDD Could Be Model for Asia-Pacific

By Nathan Lynch | 25/03/2026

AUSTRAC’s starter kits legitimise open-source CDD for small reporting entities, marking a possible solution for developing countries across the Asia-Pacific region.