Thai Minister calls on SEC to extend existing crypto regulations to cover P2P channels as a way to combat fraud and scams.
April 15, 2024Individuals who commit fraud can have their bank accounts and communication services suspended, and their offences included in the national financial credit information base.
November 16, 2023India's one million SIM card dealers will have to undergo a mandatory verification and registration process within one year.
August 22, 2023Authorities are also considering co-locating bank staff at the ADCC, as this has helped to reduce stop payment response times and enhance loss recoveries in other jurisdictions like Singapore.
April 27, 2023The suspects registered SIM cards with fake IDs and sold them to scammers who created social media accounts to lure victims.
April 17, 2023Implementation of an "SMS sender name" registration system will begin in the banking industry by the end of this year.
April 12, 2023Telcos are required to collect customer ID information when selling SIM cards. The law is aimed at curbing the spread of spam text messages and scams.
October 20, 2022