Financial Crime

Market Abuse

PBOC Fines Three FIs for ‘Abnormal’ Bond Trading Behaviour

By Editors | 04/01/2025

Concerns are being raised about the capabilities of small and midsize firms to appropriately manage interest rate risk

PEPs & Sanctions

South Korea Imposes Sanctions Against DPRK IT Workers

By Editors | 03/01/2025

The sanctions target IT workers who have been earning foreign currency for the North Korean government

Fraud, Scams & Cybercrime

Do Kwon Appears in US Court Following Extradition from Montenegro

By Manesh Samtani | 03/01/2025

Terraform Labs co-founder Do Kwon appeared in court on Thursday, ending more than 18 months of uncertainty about his extradition.

PEPs & Sanctions

OFAC Sanctions Russian Judge for Jailing Human Rights Activist

By Editors | 03/01/2025

Olesya Mendeleeva is the first judge in Russia to find a defendant guilty under Russia’s war censorship laws.

Cryptocurrency

Philippine SEC Proposes New Regulatory Framework for Crypto

By Manesh Samtani | 02/01/2025

The rules cover capital requirements, consumer protection, disclosures and marketing, AML compliance, market abuse, and cybersecurity.

Supervision & Enforcement

Australia Seeks Input on Use of Legal Professional Privilege Claims

By Editors | 02/01/2025

Discussion paper seeks feedback on addressing improper use of legal professional privilege claims, such as to delay or hinder investigations.

KYC & CDD

Taiwan FIs to Connect ‘Financial Fast-ID’ Verification Systems

By Editors | 02/01/2025

A cross-system verification hub is being developed to connect the existing digital identity verification systems of various FIs.

PEPs & Sanctions

China Sanctions Seven Firms in Over US Support for Taiwan

By Editors | 02/01/2025

China’s “countermeasures” target seven firms, including two Raytheon businesses, along with “relevant senior executives” who were not named

Fraud, Scams & Cybercrime

Vietnam Launches Nationwide Campaign Against Online Fraud

By Editors | 01/01/2025

Measures include developing an interagency coordination model and enhancing account verification, Internet banking security, and controls on crypto-related transactions.