Financial Crime

Fraud, Scams & Cybercrime

SFC Urges Industry Action Amid 40pc Surge in Investment Fraud

By Sanday Chongo Kabange | 11/03/2026

Regulator reveals that a 24/7 payment-freeze mechanism has intercepted over 50 percent of targeted criminal funds, calling for greater industry cooperation.

Credit Risk

RBI Probes Standard Chartered Over Alleged Collusive Asset Sales in India

By Editors | 11/03/2026

India's junior finance minister confirms the central bank is examining complaints alleging the lender sold assets linked to developers at discounted values.

Conduct, Culture & Accountability

ASIC Bans Another Adviser Over High-Risk Fund Advice

By Sanday Chongo Kabange | 11/03/2026

ASIC has banned a financial adviser for providing inappropriate advice on high-risk investments to superannuation clients, amid a wider probe.

Anti-Money Laundering

India Eases Investment Curbs on Neighbours, Opening Door to China

By Nithya Subramanian | 11/03/2026

The new rules allow up to 10 percent stake purchases without prior approval and introduce a 60-day clearance timeline for larger investments.

Anti-Money Laundering

Tipping Point: Why Aren’t Banks Sharing Information?

By Nathan Lynch | 11/03/2026

Australia’s new information-sharing laws were supposed to transform the fight against financial crime. One year on, the absence of regulatory guidance has left the industry baffled — and criminals are the only beneficiaries.

Conduct, Culture & Accountability

Korea FSS Sanctions Asset Managers for Control Failures

By Sanday Chongo Kabange | 11/03/2026

The FSS has fined two firms for breaches including the use of nominee accounts and failures in shareholder reporting.

Anti-Money Laundering

Sri Lanka NRA Flags Terror Finance, Drug Trafficking as Top Risks

By Manesh Samtani | 11/03/2026

New national assessment identifies drug trafficking as the top money laundering threat and raises the country's overall terrorist financing risk.

KYC & CDD

Pakistan Launches Digital Registry to Identify Company UBOs

By Nithya Subramanian | 11/03/2026

The new platform strengthens corporate transparency, AML oversight and regulatory monitoring of company ownership structures, aligning with international standards.

Cryptocurrency

Korea Proposes Changes to Crypto Market Investigation Rules

By Sanday Chongo Kabange | 11/03/2026

The FSC plans to expand its unfair trading investigation committee and adjust criteria for imposing penalties on misconduct.