Stephen Deane and Olivier Fines discuss the findings of a global survey on CBDCs, focusing on views from respondents in mainland China.
September 20, 2023Police said complaints have been received from 1,641 investors reporting HKD 1.2 billion in losses, making it the single largest fraud case in Hong Kong’s history.
September 20, 2023Andrew Marane, Director, Fraud Operations APAC/EMEA at Citibank, spoke at Regulation Asia’s Fraud & Financial Crime Asia 2023 event on 13 July. At the sidelines of the event, he shared how the dynamics of cybercrime in banks have changed with...
September 19, 2023The measures include the establishment of a national Anti-Scam Centre and the introduction of a ‘confirmation of payee’ account name checking service.
September 18, 2023Nine banks are engaged in the data model training for the new fraud-fighting functionality in STEP2 and RT1.
September 18, 2023Su Kiang Lau, Executive Director - Conduct, Financial Crime and Compliance at SC Ventures, spoke at Regulation Asia’s Fraud & Financial Crime Asia 2023 event on 13 July. At the sidelines of the event, he discussed how banks are looking...
September 18, 2023The government said the bill strikes "the right balance between achieving fast and convenient identity verification and maintaining strong standards of privacy and security.
September 18, 2023OneCoin was a fraudulent cryptocurrency that was sold through a pyramid scheme to millions of people from 2014-2016, resulting in $4bn in worldwide losses.
September 15, 2023Commissioner Christy Goldsmith Romero says a centralised national financial fraud registry would enable the public to protect themselves from fraudsters.
September 12, 2023The former co-chief of FTX Bahamas pleaded guilty to making unlawful political donations and operating an illegal money-transmitting business.
September 11, 2023