Financial Crime

Anti-Money Laundering

Bank of Thailand Mandates Stricter Checks on Large Cash Withdrawals

By Nithya Subramanian | 22/03/2026

Financial institutions will be required to conduct enhanced due diligence on cash withdrawals of THB 5 million or more from April 2026.

Anti-Bribery & Corruption

Ex-HSBC Staff Admit to Bribery for Account Opening Scheme

By Sanday Chongo Kabange | 20/03/2026

Three former employees pleaded guilty in an ICAC case involving bribes to open accounts, with dozens of accounts flagged for money laundering risk.

Anti-Money Laundering

New Zealand Clarifies Legal Privilege Rules for AML Reporting

By Sanday Chongo Kabange | 20/03/2026

New guidance outlines when legal professional privilege does not apply to suspicious activity reporting, creating new record-keeping duties for law firms.

Market Abuse

Hong Kong SFC Bans Former Yuanta Officer over Dishonest Trading Scheme

By Sanday Chongo Kabange | 20/03/2026

SFC fines and bans former RO for executing trades that disadvantaged his employer and for concealing personal trading accounts.

Clearing & Post-Trade

MAS Proposes Expanded Regulatory Regime for CSDs

By Nithya Subramanian | 20/03/2026

The regulator has proposed extending oversight to all CSDs, with new approval, governance and risk requirements under updated securities framework.

Fraud, Scams & Cybercrime

Vietnam’s SCB Outlines Asset Disposal Plan to Recover Fraud Losses

By Nithya Subramanian | 20/03/2026

Saigon Commercial Bank is seeking third-party firms to manage the sale of assets linked to a $12.3 billion fraud involving property developer Sun Group.

Anti-Money Laundering

Papua New Guinea Banks Launch New Association to Strengthen Financial Sector

By Nithya Subramanian | 20/03/2026

The newly-formed PNG Banking Association aims to strengthen cooperation across the sector, support regulatory reforms and address FATF requirements.

Fraud, Scams & Cybercrime

India Steps Up Measures to Combat Fraudulent Loan Apps

By Nithya Subramanian | 20/03/2026

Regulators have launched an official app directory, enhanced enforcement measures, and clarified rules to protect consumers from unauthorised mobile lending platforms.

Market Abuse

FSC Korea Refers 'Horse Racing' Crypto Manipulator for Prosecution

By Mark Johnston | 19/03/2026

Regulators have referred a market manipulator for prosecution and mandated new exchange duties to combat unfair trading practices.