Financial Crime

Anti-Money Laundering

Australian Banks Seek to Limit AUSTRAC's Proposed Product Ban Powers

By Manesh Samtani | 10/02/2026

The ABA has called for the new AML intervention powers to be restricted to high-risk sectors like crypto, not established banks

Anti-Money Laundering

Korea Announces New Measures to Combat Predatory Lending Practices

By Sanday Chongo Kabange | 09/02/2026

The new measures includes new powers to block withdrawals from accounts linked to illegal lending and a streamlined victim support system.

Conduct, Culture & Accountability

Korea FSS Sanctions Insurance Agencies for Sales Misconduct

By Editors | 09/02/2026

FSS issues multi-billion won fine and business suspension for illegal commissions, along with other penalties for improper policy churning.

Structural Regulation

OJK Indonesia Forms Capital Markets Task Force to Drive Reforms

By Nithya Subramanian | 09/02/2026

The regulator has unveiled a set of policy measures to raise free float requirements, improve disclosures, and enhance market oversight.

Fraud, Scams & Cybercrime

RBI to Introduce Compensation Framework for Digital Payment Fraud

By Nithya Subramanian | 09/02/2026

The RBI plans a compensation framework for small-value digital frauds and will issue draft rules to tighten oversight of mis-selling and loan recovery agents.

AI Risk & Governance

Australia’s CBA Details AI Governance Framework in Industry-First Report

By Sanday Chongo Kabange | 09/02/2026

New report outlines CBA's risk management processes, board-level oversight, and AI principles amid growing regulatory scrutiny of the technology.

Clearing & Post-Trade

UK and China Deepen Financial Cooperation on CCPs, Market Access

By Manesh Samtani | 09/02/2026

Regulators agree to develop a CCP supervision MoU and explore a ‘Wealth Connect’ scheme in a new bilateral working group.

Anti-Money Laundering

Chinese Illicit Crypto Marketplace Thrives Despite Crackdown - Report

By Manesh Samtani | 09/02/2026

TRM Labs report shows the Chinese-language service Xinbi Guarantee adapted to enforcement by migrating platforms.

Stablecoins

China Bans Unapproved Yuan Stablecoins, Sets Rules for Asset Tokenisation

By Manesh Samtani | 09/02/2026

New rules prohibit issuance of CNY-pegged stablecoins without approval and create a regulated pathway for real-world asset tokenisation, imposing new duties on financial institutions.