Financial Crime

KYC & CDD

Standard Chartered Settles SEBI Case Over FPI Lapses

By Nithya Subramanian | 18/03/2026

The settlement resolves alleged disclosure delays and due diligence lapses in the bank’s role as a depository participant, without admission of guilt.

Anti-Money Laundering

MAS Bans Ex-Bankers Over Roles in S$3bn Money Laundering Case

By Nithya Subramanian | 18/03/2026

Two former relationship managers who were convicted last year have received multi-year bans for offences including forgery and money laundering.

Supervision & Enforcement

China Introduces Rating System for Wealth Management Firms

By Mark Johnston | 18/03/2026

The new system will link ratings to market access and regulatory intensity, aiming to curb a focus on scale over quality.

Fraud, Scams & Cybercrime

Global Fraud Summit Launches Taskforce Targeting Southeast Asian Scam Hubs

By Manesh Samtani | 18/03/2026

New INTERPOL taskforce and public-private partnerships aim to disrupt transnational fraud networks, with a focus on the APAC region.

Cybersecurity

China's NIFA Issues Security Alert on 'Openclaw' AI Agent

By Mark Johnston | 18/03/2026

China's internet finance body has warned firms and consumers about financial loss, data compliance, and fraud risks from the popular open-source AI tool.

Anti-Money Laundering

AUSTRAC CEO Details 'Systemic' AML Failings in Gambling Sector

By Manesh Samtani | 18/03/2026

Brendan Thomas called out recurring AML/CTF weaknesses and outlined AUSTRAC's expectations ahead of major legislative reforms.

Liquidity Risk

Cambodia Moves to Calm Fears Amid Banking Service Disruption

By Editors | 18/03/2026

Regulators and industry bodies have affirmed the sector’s resilience following a service disruption at a local bank that sparked online rumours.

Conduct, Culture & Accountability

China Mandates 'All-In' Cost Disclosure to Combat Predatory Personal Loans

By Mark Johnston | 17/03/2026

New rules from the NFRA and PBOC will force lenders to reveal the total annualised cost of loans, ending hidden fees.

Credit Risk

Bangladesh Bank Revamps Credit Card Rules, Doubles Loan Limits

By Editors | 17/03/2026

New guidelines introduce higher credit limits and stricter rules on risk management, consumer protection, and security to support a cashless economy.