Financial Crime

Conduct, Culture & Accountability

FSS Korea Announces Enhancements to Whistleblower System

By Manesh Samtani | 07/04/2025

The plan involves enhancing whistleblower anonymity, protections, rewards, and incentives. The new system starts on 1 July 2025.

Credit Risk

FSC Taiwan Proposes Doubling Small Loans Exposure Cap

By Nithya Subramanian | 07/04/2025

The amendment will reduce compliance costs by making fewer loans subject to exposure limits and data collection requirements.

Fraud, Scams & Cybercrime

SEC Thailand Expands Investor Product Verification Platform

By Nithya Subramanian | 07/04/2025

Users can independently verify whether individuals, entities, or investment products are licensed or approved by the SEC.

Cybersecurity

Australian Super Funds Hit by Coordinated Cyber Attack

By Editors | 07/04/2025

Four AustralianSuper accounts lost an estimated AUD 500,000 in combined savings as a result of the cyberattack.

Market Abuse

Japanese Prosecutors Indict Sumitomo Mitsui Trust Bank Official

By Editors | 06/04/2025

The official, a 55-year-old former head of the bank’s securities agency division, has reportedly admitted to insider trading charges.

Anti-Bribery & Corruption

Korean Prosecutors Search IBK Headquarters in Unfair Loans Case

By Editors | 06/04/2025

An anti-corruption investigation team from the Seoul Central District Prosecutors’ Office conducted searches and seizures at the IBK headquarters and branches.

PEPs & Sanctions

OFSI Publishes Threat Assessment for Legal Services Sector

By Manesh Samtani | 06/04/2025

OFSI says it is “highly likely” that trust and company service providers have not self-disclosed all suspected sanctions breaches.

Cryptocurrency

Japan Amendments to Reclassify Crypto Expected in 2026

By Thisanka Siripala | 04/04/2025

The change would make trading in crypto based on insider information illegal, as is the case with stocks and other financial products.

Conduct, Culture & Accountability

Japanese Brokerage Firm Accused of Misleading Elderly Clients

By Thisanka Siripala | 04/04/2025

Tachibana Securities allegedly misled around 50 elderly clients and encouraged excessive trading for commissions, the SESC said.