Financial Crime

Anti-Money Laundering

FATF, INTERPOL, UNODC Issue Joint Call to Action

By Manesh Samtani | 20/05/2025

Governments must improve asset recovery efforts and to cooperate internationally to make financial investigations more targeted and effective.

Anti-Money Laundering

New Zealand Regulators Update AML/CFT Audit Guidance

By Sanday Chongo Kabange | 20/05/2025

The updated guidance provides further clarity on what is considered “independent” and “appropriately qualified” when selecting an auditor.

Fraud, Scams & Cybercrime

Bursa Malaysia Announces Resolution of April Unauthorised Trades

By Sanday Chongo Kabange | 20/05/2025

Bursa Malaysia said investors with unauthorised trades in their accounts on 24 April will not incur losses.

Market Abuse

Court Dismisses Challenge to Malaysia’s Insider Trading Law

By Nithya Subramanian | 20/05/2025

The High Court dismissed a civil suit by a former company executive who challenged the constitutionality of Malaysia’s insider trading law.

Anti-Money Laundering

New Zealand Issues AML/CFT Guidance for Stored Value Instruments

By Sanday Chongo Kabange | 19/05/2025

The guidance summarises the regulations applicable to SVIs and explains the conditions they must meet to be exempt from the provisions of the AML/CFT Act.

Fraud, Scams & Cybercrime

AFCA Proposes Rule Changes to Improve Handling of Scam Complaints

By Sanday Chongo Kabange | 19/05/2025

The rule changes will enable AFCA to investigate scams involving mule accounts and the actions of receiving banks in scam complaints.

Conduct, Culture & Accountability

Taiwan FSC Probes Financial Firms Over ETF Sales

By Editors | 19/05/2025

Taiwan’s FSC investigates 20 firms over allegations that they put excessive pressure on staff to meet sales quotas.

Conduct, Culture & Accountability

IOSCO Sets Standards for Finfluencers, Copy Trading, Digital Engagement

By Manesh Samtani | 19/05/2025

IOSCO sets out good practices to protect retail investors from online fraud, excessive risk-taking, and misinformation.

Fraud, Scams & Cybercrime

Korea Enhances ‘Safe-Block’ Fraud Protection Service

By Nithya Subramanian | 19/05/2025

Regulators said the upgrades to Safe-Block will make it easier for consumers to use the service to block unauthorised credit transactions.