Financial Crime

Cryptocurrency

Japan to Mandate Crypto Exchange Reserves to Cover Hack Losses

By Manesh Samtani | 27/11/2025

The FSA plans 2026 legislation to ensure customer compensation following a series of high-profile security breaches in the sector.

Fraud, Scams & Cybercrime

Indonesian Banking Roundtable Highlights Need for Real-Time Fraud Prevention

By Nathan Lynch | 26/11/2025

Indonesian financial institutions are pushing for proactive fraud prevention as scams proliferate across the Asia-Pacific region.

Market Abuse

South Korean Authorities to Step Up Crackdown on Market Abuse

By Nithya Subramanian | 26/11/2025

The new person-based monitoring and a joint taskforce are already disrupting major stock manipulation schemes as Korea implements its “one-strike-out” approach.

Conduct, Culture & Accountability

Australia Court Orders Cbus to Pay Hefty Fine Over 'Serious' Claims Failures

By Sanday Chongo Kabange | 26/11/2025

The Federal Court ordered Cbus to pay a AUD 23.5 million penalty for “serious failures” to handle insurance claims in a case brought by ASIC.

Anti-Money Laundering

Korea Tightens AML Requirements to Combat Transnational Crime

By Mark Johnston | 26/11/2025

FIs are directed to strengthen oversight over offshore units, and KoFIU is introducing a mass suspicious transaction reporting mechanism.

Anti-Money Laundering

Singapore Widens Probe into Prince Group, Raids Car Leasing Firm

By Nithya Subramanian | 26/11/2025

Authorities have expanded a money-laundering investigation linked to Cambodian tycoon Chen Zhi, targeting a local car-leasing firm in new raids and arrests.

Anti-Bribery & Corruption

China Prosecutes Former Top CSRC Official on Bribery Charges

By Mark Johnston | 26/11/2025

Wang Huimin, previously the top graft-buster at the CSRC, faces prosecution for allegedly taking bribes to manipulate IPOs and private placements.

Anti-Money Laundering

Cook Islands Crypto Bill Faces Backlash Over Asset Seizure Powers

By Sanday Chongo Kabange | 26/11/2025

Proposed legislation is under fire for potential overreach by granting authorities the power to seize assets without a criminal conviction.

Anti-Money Laundering

Thailand Cracks Down on Illicit Finance, Nominee Shareholders

By Sanday Chongo Kabange | 26/11/2025

Thailand will impose new reporting, KYC, and in-person verification rules to combat grey capital flows and the use of nominee shareholders and money mules by criminal enterprises.