ADVERTISEMENT
Financial Crime
PEPs & Sanctions
ING, Goldman Advance Efforts to Sell Russian Subsidiaries
By Editors | 01/02/2025
ING expects to complete the sale of its operations in Russia in Q3. The sale of Goldman’s Russia unit received presidential approval.
Fraud, Scams & Cybercrime
Australia Identifies 5,000 Potential Victims of Romance Scams
By Sanday Chongo Kabange | 01/02/2025
The potential victims were identified from devices found by Philippine authorities at a Manila-based scam compound
Payments & Settlements
RBI Tightens Penalties Framework for Payment System Offences
By Nithya Subramanian | 01/02/2025
The framework includes monetary penalties and compounding offences to tighten compliance in the digital payments sector.
Fraud, Scams & Cybercrime
ASIC Calls Out Super Funds for Weak Anti-Scam Practices
By Thisanka Siripala | 31/01/2025
None of the 15 superannuation trustees that were reviewed by ASIC had an organisation-wide scams strategy in place
Fraud, Scams & Cybercrime
Hong Kong Court Order “Successfully Executed” on Tron Blockchain
By Editors | 31/01/2025
The use of tokenised legal notices opens up an avenue to recover lost funds even when the identity of those controlling crypto wallets are unknown
KYC & CDD
BNM Discloses Penalties Against Six Financial Institutions
By Nithya Subramanian | 31/01/2025
BM penalised AmBank, Maybank, RHB Bank, Maybank Islamic Berhad, AmInvestment Bank, and Worldwide Superstar Money Changer.
PEPs & Sanctions
US Suspects Sanctions Circumvention by Chinese AI Firm DeepSeek
By Manesh Samtani | 31/01/2025
US authorities investigating whether Deepseek bypassed US export controls and whether Singapore served as an intermediary for restricted Nvidia chip shipments
Fraud, Scams & Cybercrime
Korea Investigates Financial Planners for Alleged Ponzi Fraud
By Editors | 31/01/2025
PS Financial Services and Mirae Asset Financial Services are undergoing on-site inspection as part of the investigation
Cryptocurrency
Fed Chair Says Banks Can Provide Services for Crypto
By Thisanka Siripala | 30/01/2025
Jerome Powell said banks are free to provide services to cryptocurrency clients as long as it’s done in a safe and sound manner
PEPs & Sanctions
Australia Issues New Guidance on Sanctions Compliance
By Editors | 30/01/2025
The ASO also released a Sanctions Compliance Toolkit and a Sanctions Risk Assessment Tool to facilitate compliance with Australian sanctions laws
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.