ADVERTISEMENT
Fraud, Scams & Cybercrime
US Prosecutors Unveils New Charges Against North Korean Hackers
By Manesh Samtani | 21/02/2021
Warrants have been issued for the arrest of the three programmers said to be involved in the Sony, WannaCry, Bangladesh Bank and other attacks.
AI Risk & Governance
80pc of Central Banks Use Big Data to Support Policy Efforts
By Editors | 21/02/2021
Many central banks have undertaken initiatives to develop big data platforms to facilitate storage and processing of large data sets, but progress has varied.
Fraud, Scams & Cybercrime
Singapore Police Investigate Nickel Trading Investment Fraud
By Editors | 21/02/2021
Envy Asset Management and Envy Global Trading are suspected of using investors’ funds to finance nickel trading activities. Both have had their bank accounts frozen.
PEPs & Sanctions
UK, Canada Impose Sanctions Against Myanmar Officials
By Manesh Samtani | 21/02/2021
Human Rights Watch is calling for economic sanctions, travel bans and asset freezes for leaders of Myanmar’s military, military business conglomerates and the new governing body.
Fraud, Scams & Cybercrime
HK Banks Used to Launder Over HK$8bn in Scam Proceeds in 2020
By Editors | 21/02/2021
More than 10,000 bank accounts are believed to have been used in 2020 to collect and launder the funds before being channelled out of Hong Kong.
PEPs & Sanctions
UK Sanctions Policy: A Progress Report
By Emil Dall | 21/02/2021
The UK has formally embarked on its independent sanctions regime. What work has been completed so far and what remains to be done?
PEPs & Sanctions
OFAC Settles Sanctions Case Against Crypto Payments Processor BitPay
By Editors | 20/02/2021
BitPay is said to have enabled individuals in sanctioned jurisdictions to engage in $129,000 worth of digital currency-related transactions with its merchant customers.
Fraud, Scams & Cybercrime
Australian Banks Facilitate Arrest of Phishing Tool Developer
By Ranamita Chakraborty | 19/02/2021
The developer of a phishing kit used to steal tens of millions of dollars from bank accounts in 11 countries has been arrested in Ukraine.
Market Abuse
HK, Singapore on Alert for Social Media Fuelled Manipulation
By Manesh Samtani | 19/02/2021
The SFC has issued restriction notices against 54 more trading accounts. Singapore regulators are guarding against “pump and dump” and “short and distort” scenarios.
Anti-Money Laundering
FSC Korea Proposes Additional Rule Changes for VASPs
By Editors | 18/02/2021
The changes add to revisions proposed in November to align requirements for VASPs with the FATF recommendations.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.