Financial Crime

Market Abuse

Jane Street Sued Over Terra Collapse, Faces Wider Regulatory Scrutiny

By Manesh Samtani | 03/03/2026

Terraform Labs' estate alleges insider trading in a new lawsuit, as the trading giant also contests market manipulation claims in India.

Anti-Money Laundering

Tonga Boosts AML Powers to Combat Crime, Secure Banking Ties

By Manesh Samtani | 03/03/2026

New legislation enhances supervision and asset recovery to combat organised crime and secure crucial international correspondent banking relationships, officials say.

Fraud, Scams & Cybercrime

Malaysia Imposes New Rules on SIM Registration to Curb Fraud & Scams

By Nithya Subramanian | 02/03/2026

The MCMC has introduced a stricter prepaid SIM registration framework, limiting individuals to five cards per telco, enforcing biometric verification, and tightening rules for minors and tourists.

Anti-Money Laundering

India's ED Attaches Billionaire Anil Ambani's Home in Fraud Probe

By Editors | 02/03/2026

The action is part of a widening investigation into alleged bank loan defaults at Reliance Communications totalling over INR 400 billion.

Fraud, Scams & Cybercrime

US Seizes $580m in Crypto from Southeast Asian Scam Networks

By Mark Johnston | 02/03/2026

A US task force has seized millions in cryptocurrency from transnational crime syndicates orchestrating investment frauds across Southeast Asia.

Fraud, Scams & Cybercrime

Commonwealth Bank Investigates Suspected Loan Fraud, Cites AI Use

By Sanday Chongo Kabange | 02/03/2026

CBA has filed reports to police and regulators over fears that doctored applications, some using AI, were used to obtain loans.

Market Abuse

US SEC Finalises Insider Trade Reporting Rules for Foreign Issuers

By Manesh Samtani | 02/03/2026

Foreign private issuers with securities listed in the US face new disclosure rules for directors and officers from 18 March 2026.

Anti-Money Laundering

Japan FSA Admits Hitachi-Led Crypto AML Project into Sandbox

By Sanday Chongo Kabange | 02/03/2026

A consortium of financial and tech firms will test a collaborative information-sharing framework to combat money laundering involving crypto-assets.

Fraud, Scams & Cybercrime

China Drafts Tough New Audit Law to Tackle Fraud & Misconduct

By Manesh Samtani | 02/03/2026

Draft law doubles fines for misconduct, introduces lifetime bans, and tightens entry rules for firms auditing listed companies.