Financial Crime

Fraud, Scams & Cybercrime

Korea, UNODC Partner to Tackle Transnational Crime

By Manesh Samtani | 25/05/2025

Korea’s National Police Agency and UNODC signed an MoU to formalise collaboration to combat transnational organised crime in Southeast Asia.

KYC & CDD

Six Korean Banks to Jointly Launch Digital ID Verification Service

By Nithya Subramanian | 24/05/2025

An interconnected digital identity verification service will allow customers to use a single certificate across multiple mobile banking apps.

Market Abuse

SESC Conducts Insider Trading Probe into IR Japan Employee

By Thisanka Siripala | 24/05/2025

An employee allegedly leaked undisclosed IR data from client companies to an acquaintance who repeatedly traded shares using the information.

Reporting & Disclosures

Singaporeans Want Banks With More Societal Impact: ABS Survey

By Nithya Subramanian | 23/05/2025

While trust in Singapore’s banks remains strong, many Singaporeans expect them to play a more meaningful role in serving the community.

Trading & Investment

APRA Announces Benchmarks for Latest Super Fund Performance Test

By Sanday Chongo Kabange | 23/05/2025

A new FAQ provides the benchmark representative administration fees and expenses for the 12 months to March 2025.

Fraud, Scams & Cybercrime

Fighting Scams is a Community Effort: Singapore Police

By Manesh Samtani | 23/05/2025

Aileen Yap said Singapore’s strategy to fighting scams relies on quick response and collaboration between all stakeholders.

Cryptocurrency

India Supreme Court Presses Government on Crypto Regulation

By Nithya Subramanian | 22/05/2025

The top court criticised the government for taxing crypto at 30 percent without putting in place corresponding regulation.

Fraud, Scams & Cybercrime

Japan Moves to Block Payments Linked to Online Casinos

By Thisanka Siripala | 22/05/2025

Banks, payments providers and crypto firms are directed to issue user warnings and block transactions linked to online casinos.

Anti-Money Laundering

HK Police Busts Cross-Border Money Laundering Syndicate

By Sanday Chongo Kabange | 22/05/2025

HKPF arrested 10 suspects linked to a money laundering operation involving stooge accounts in Hong Kong and Mainland China.