Financial Crime

Cybersecurity

Singapore Mounts Largest Ever Cyber Operation in Response to Telco Threat

By Nithya Subramanian | 10/02/2026

Authorities led by the CSA and IMDA worked closely with the telcos to contain the threat posed by an APT actor, implement remediation measures and strengthen cyber defences.

Anti-Money Laundering

SFC Fines Asset Manager Kylin for Widespread Failures

By Sanday Chongo Kabange | 10/02/2026

The firm was penalised for conflicts of interest including undisclosed director loans, deficient KYC and AML controls, and misinforming investors.

Structural Regulation

Australia Urged to Mandate LEI Renewals to Safeguard Data Integrity

By Manesh Samtani | 10/02/2026

An industry leader calls for stronger regulatory enforcement to ensure data quality as the LEI's use expands beyond derivative reporting.

Supervision & Enforcement

RBI Issues Draft Amendments to Ease NBFC Branch Openings

By Nithya Subramanian | 10/02/2026

The central bank plans to streamline branch expansion for NBFCs, allowing faster growth and reducing regulatory hurdles.

PEPs & Sanctions

US Targets Chinese, Indian Firms in Iran 'Shadow Fleet' Sanctions

By Manesh Samtani | 10/02/2026

The measures name 15 entities and 14 vessels, including shipping managers in Hong Kong, mainland China, and India, for facilitating illicit trade.

Operational Risk

Taiwan Updates and Expands Scope of Major Incident Reporting Rules

By Sanday Chongo Kabange | 10/02/2026

The FSC has added migrant worker remittance companies to the reporting scope and modernised procedures for notifying the central bank.

Conduct, Culture & Accountability

NZ Insurer FMG to Pay NZD 2.1m, Remediate Millions for Misleading Customers

By Editors | 10/02/2026

New Zealand's FMG has admitted to fair dealing breaches after an FMA investigation found it overcharged thousands of customers for years.

Fraud, Scams & Cybercrime

Chinese Regulators Issue Joint Warning on 'Rights Protection' Scams

By Editors | 10/02/2026

Five key agencies caution against agents using social media to falsely promise full insurance refunds, debt clearance, and investment fee returns.

Data Privacy

China Orders Payment and Data Overhaul to Integrate Foreign Visitors into Digital Economy

By Mark Johnston | 10/02/2026

New rules require payment interoperability, simplified KYC, and streamlined data sharing to boost tourism, spending, and investment.