Financial Crime

    image

    Cryptocurrency

    Coinbase Secures Registration with India’s Financial Intelligence Unit

    By Nithya Subramanian | 17/03/2025

    Coinbase, which was forced to exit the Indian market in 2022, now plans to re-launch retail services later this year.

    image

    Capital Adequacy

    South Korea to Install Formal Insurer Capital Requirements

    By Thisanka Siripala | 17/03/2025

    The FSC plans to introduce a mandatory threshold for insurers’ basic capital K-ICS ratio to improve capital quality.

    image

    Anti-Money Laundering

    Australia Clarifies Managed Investment Trusts Tax Rules

    By Thisanka Siripala | 17/03/2025

    New tax amendments confirm that foreign pension funds can continue accessing concessional withholding tax rates through MITs.

    image

    Fraud, Scams & Cybercrime

    Japan Moves to Tighten Regulations on Online Casinos

    By Thisanka Siripala | 17/03/2025

    Japan is considering measures to restrict payments to online casinos as well as advertisements promoting their services.

    image

    Anti-Money Laundering

    More Information Sharing Needed to Fight Financial Crime – Report

    By Nithya Subramanian | 17/03/2025

    A new Future of Financial Intelligence Sharing (FFIS) report compares AML information-sharing frameworks across six jurisdictions.

    image

    Fraud, Scams & Cybercrime

    Korea Introduces New Safeguard to Prevent Unauthorised Account Opening

    By Thisanka Siripala | 17/03/2025

    Consumers can apply for the ‘Non-Face-to-Face Account Opening Safe Block’ service to preemptively prevent the unauthorised creation of deposit accounts.

    image

    Fraud, Scams & Cybercrime

    FATF Releases Report on Online Child Sexual Exploitation

    By Nithya Subramanian | 17/03/2025

    The report discusses how criminals exploit digital platforms, encrypted messaging, and financial systems to profit from child abuse.

    image

    Anti-Money Laundering

    Taiwan Government-Owned Bank Fined for AML Failures

    By Thisanka Siripala | 17/03/2025

    Bank of Taiwan staff made repeated remittances to foreign virtual asset exchanges over several years without investigating alerts.

    image

    Structural Regulation

    IOSCO Unveils Work Programme, Key Priorities for 2025

    By Nithya Subramanian | 17/03/2025

    IOSCO initiatives include measures to address risks in digital trading, curb online financial fraud finance, and continue research on AI.

    image

    PEPs & Sanctions

    OFAC Imposes New Sanctions Targeting Iranian Oil Deliveries to China

    By Manesh Samtani | 14/03/2025

    Targets include entities in Hong Kong, Mainland China, India, Singapore, Indonesia, Bangladesh, Sri Lanka

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.