Fast, factual wire coverage from across Malaysia and the region.
Liechtenstein's government is investigating a significant cyber breach affecting its confidential registry of beneficial owners, with hackers accessing information on approximately 31,000 foundations and trusts registered in the principality.
Capital One has responded to legal action challenging its closure of the Trump Organisation's bank accounts, arguing the decision followed a thorough anti-money laundering compliance review by specialist investigators.
Malaysia's government will speed up implementation of remaining Tabung Haji reforms recommended by a Royal Commission, with 75% of suggestions already adopted. The institution recently earned a Diamond Award for pilgrimage management.
Democratic senators have called on America's top securities regulator to investigate whether Truth Social parent Trump Media's paid data feed giving traders early access to presidential posts breaches securities laws.
Bank Negara Malaysia will implement a more rigorous Performance Measurement Framework to evaluate Malaysia's six development banks from 2027, measuring their success in supporting underserved sectors and comparing their impact against commercial financing alternatives.
Prime Minister Anwar Ibrahim has disclosed that the government withheld the Tabung Haji RCI report for three years to prevent a loss of public confidence that could have destabilized the pilgrimage savings institution.
A former bank analyst has been sentenced to three years in jail by the Kuala Lumpur Sessions Court for conducting unlicensed securities dealings and falsely representing himself as a licensed consultant. The conviction sends a strong message about regulatory compliance.
Prime Minister Anwar Ibrahim has raised serious concerns about the effectiveness of Malaysia's audit system, pointing to how three major audit firms cleared KWAP's RM163.4 million eFishery investment despite the company's hidden fraudulent activities.
The White House has suspended a longtime teleprompter operator for US President Donald Trump without pay following claims he wagered over $100,000 on Trump's speeches using inside information.
Global financial crime watchdog FATF warns that organised crime groups are channelling billions through cryptocurrency by exploiting regulatory loopholes, with criminal networks now developing their own stablecoins to evade authorities.
Padini Holdings has announced the unfreezing of all bank accounts previously frozen by the MACC during an investigation. The fashion retailer confirmed no directors or employees have been arrested or charged.
Malaysia's BNPL market has grown to 8 million active users with RM5.3 billion in outstanding balances, though default rates remain manageable at 3.4%. New licensing requirements are now in force.
Indonesia has blocked access to 3.7 million websites linked to online gambling and shut down approximately 32,500 bank accounts since late 2024, signalling a comprehensive government effort to dismantle the financial infrastructure supporting illegal gaming operations.
The European Union is advancing negotiations on a digital euro, targeting formal approval by January 2027 and a 2029 launch. The initiative aims to provide a public alternative to cryptocurrencies and reduce reliance on US payment systems.
The Dutch central bank has imposed an €8.5 million administrative penalty on ABN AMRO Bank for serious deficiencies in its anti-money laundering framework and customer monitoring procedures over a 12-month period.
Bank Negara Malaysia is urging customers to report instances where they face RM1 charges when withdrawing from their own bank's ATM machines, signalling the central bank's commitment to protecting consumers.
The Bank of England's deputy governor for financial stability has warned that current regulatory frameworks are insufficient to manage the risks posed by increasingly autonomous artificial intelligence systems operating in the financial sector.