Financial Crime

Cloud & Infrastructure

Sri Lanka Launches Centralised Insurance Data Repository

By Nithya Subramanian | 26/02/2026

The IRCSL has launched a data repository in partnership with CRIB, aiming to enhance risk assessment, curb fraud, and modernise the insurance sector through unified, real-time data sharing.

Conduct, Culture & Accountability

ASIC Flags Spike in Corporate Governance Complaints

By Sanday Chongo Kabange | 26/02/2026

Reports of corporate misconduct to ASIC surged 28 percent in late 2025, with the body highlighting governance failures.

Data Privacy

Vietnam Weighs Linking Social Media Accounts to National ID System

By Nithya Subramanian | 26/02/2026

The initiative is aimed at curbing fake accounts, strengthening cybersecurity, and accelerating the country’s broader digital transformation goals.

Supervision & Enforcement

ASIC Nets Record Penalties in H2 2025, Puts Super Trustees on Notice

By Sanday Chongo Kabange | 25/02/2026

ASIC secured a "record-breaking" AUD 349.8 million in civil penalties in the second half of 2025 in response to "serious misconduct".

Fraud, Scams & Cybercrime

Indian Court Removes Stay Protecting Anil Ambani from ‘Fraud’ Tag

By Nithya Subramanian | 25/02/2026

The ruling allows three public sector banks to resume fraud-classification proceedings over an alleged INR 315.8 billion loan default.

Anti-Money Laundering

KoFIU Unveils Plan to Reform AML Training for Financial Firms

By Sanday Chongo Kabange | 25/02/2026

KoFIU said it will shift focus from training hours to practical skills, introducing new certification systems and sector-specific courses.

PEPs & Sanctions

Binance Facing US Probe After Reports of Iran-Linked Transactions

By Manesh Samtani | 25/02/2026

Binance is fighting "defamatory" media reports while facing a new US Senate inquiry into its compliance and alleged ties to sanctioned entities.

PEPs & Sanctions

NZ, UK, Canada Target Russian 'Shadow Fleet' with New Sanctions

By Manesh Samtani | 25/02/2026

Coordinated measures target oil revenues and financial networks, with New Zealand designating 100 vessels and the UK sanctioning a New Zealand-based insurer.

Stablecoins

Bank of Korea Pushes for Bank-Only Won Stablecoin Model

By Manesh Samtani | 25/02/2026

Citing recent exchange failures and systemic risk, BOK has urged lawmakers to limit initial stablecoin issuance to licensed banks.