In response to Singapore’s largest money-laundering scandal involving over SGD3bn (USD2.22bn) laundered through 16 financial...

The Association of Banks in Singapore (ABS) launched a SGD4m (USD2.86m) Community Giveback Programme with 50 member banks including DBS,...

US officials anticipate that the Group of Seven (G7) will issue a stern warning to smaller Chinese banks at their summit in Italy on June...

Hong Kong’s securities regulator announced that 11 cryptocurrency exchanges, including Crypto.com and Bullish, are nearing licence...

Thai police are investigating over one billion baht (USD27m) in assets tied to alleged superhacker Wang Yunhe and his associates,...

Hong Kong’s Securities and Futures Commission (SFC) has issued a reminder to virtual asset trading platforms about avoiding unlicensed...

Su Jianfeng, facing Singapore’s largest money laundering case with over SGD3bn (USD2.2bn) involved, received two additional charges under...

PwC is poised to receive a significant penalty from Chinese regulators for its role in auditing the failed property giant Evergrande,...

The Ministry of Finance collaborated with S&P Global Ratings to assess Vietnam’s 2024 creditworthiness. Deputy Minister Nguyen Duc Chi...

Hong Kong’s Insurance Authority (IA) has warned brokerage firms against using unlicensed individuals to promote policy sales to...

The Philippine Senate approved a bill to impose a 12% value-added tax (VAT) on digital services provided by companies with no physical...

The Hong Kong Monetary Authority is set to launch e-CNY, or digital yuan, initially using four mainland banks to open digital wallets,...

Su Jianfeng, embroiled in Singapore’s largest money laundering case, faces six new charges of forgery and fraud. He allegedly submitted...

Ant Group Co.’s quarterly earnings fell 19% as the Chinese fintech pioneer, founded by Jack Ma, struggles to find new growth drivers...

Woori Bank has entered the race to secure a licence for South Korea’s fourth internet-only bank by joining Korea Credit Data’s (KCD)...

The General Department of Taxation in Vietnam will enhance tax compliance risk management to prevent evasion in the digital economy,...

China’s securities watchdog is investigating hedge fund Zhejiang Ruifengda Asset Management Co. for suspected illegal activities. The...

South Korea’s Financial Supervisory Service (FSS) aims to complete its probe into illegal short selling by year-end, announced Governor...

Singapore has passed a bill to expand the Cyber Security Agency’s (CSA) oversight of critical and high-risk computer systems, including...

Two central bank chiefs from Asian financial hubs expressed concerns about the risks artificial intelligence (AI) might pose to financial...