Financial Crime

Market Abuse

India Invokes Treaty Anti-Abuse Rule in Jane Street Tax Dispute

By Editors | 08/04/2026

India's tax office has challenged treaty benefits claimed by Jane Street's Singapore arm, invoking the MLI-PPT over potentially billions in escaped income from derivatives trading.

Structural Regulation

India Shields Pre-2017 Foreign Investment Gains from Stricter Tax Rules

By Nithya Subramanian | 07/04/2026

The move aims to calm investor fears sparked by a court ruling that threatened to retroactively unwind treaty benefits for legacy deals.

Data Privacy

China Probes Data Collection Practices in Finance and Other Sectors

By Mark Johnston | 07/04/2026

Regulators will scrutinise illegal data collection and use by banks, insurers, and online loan platforms as part of a nationwide enforcement action.

Payments & Settlements

New Rules for Payment Account Names Take Effect in Vietnam

By Editors | 07/04/2026

From 1 April 2026, all payment account names must exactly match official identification information, and bank account nicknames are banned.

Fraud, Scams & Cybercrime

Thai SEC Sanctions Deloitte Auditor for Falsifying Financial Statements

By Mark Johnston | 06/04/2026

The regulator has filed a criminal complaint and imposed a six-year ban on the auditor for serious professional misconduct that facilitated financial fraud.

Fraud, Scams & Cybercrime

Singapore Charges Fourth Executive in Probe of Illicit Nvidia Chip Exports

By Nithya Subramanian | 06/04/2026

The case highlights growing US pressure on Southeast Asian hubs to enforce export controls on advanced technology destined for China.

Fraud, Scams & Cybercrime

Korean Banks Face Signficant Annual Costs for Fraud Compensation

By Mark Johnston | 06/04/2026

Proposed legal amendments that would force financial firms to compensate fraud victims could cost financial firms up to KRW 281.1 billion annually.

Anti-Money Laundering

Japan Toughens AML Rules to Combat Mule Accounts and 'Dark' Part-Time Jobs

By Sanday Chongo Kabange | 06/04/2026

Proposed legal amendments will increase penalties for illicit bank account trading and introduce new police powers to combat rising fraud and money laundering.

Fraud, Scams & Cybercrime

SC Malaysia, MCMC Ink Pact to Fight Investment Scams

By Nithya Subramanian | 06/04/2026

The regulators will use AI and enhance intelligence sharing to combat fraudulent schemes exploiting digital platforms.