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TOKYO (Reuters) -Japan's top currency diplomat Masato Kanda said on Tuesday that authorities were ready to deal with foreign exchange matters "24 hours", while declining again to comment on whether the finance ministry had intervened to prop up the yen a day earlier. "Whether it's London, New York or Wellington (hours), it doesn't make a difference," the vice finance minister for international affairs told reporters a day after the dollar tumbled to a low of 154.40 yen from as high as 160.245 in what traders cited as intervention. Kanda reiterated that the government would continue taking appropriate action when needed and respond to foreign exchange moves in accordance with rules set under international frameworks such as the Group of Seven advanced countries and International Monetary Fund. ....
Prosecutors said Friday they are seeking extradition orders and the arrest of more suspects over the 2020 theft of around $580,000 in U.S. cash that was hidden in a couch at South African President Cyril Ramaphosa's ranch. The theft, which only became public in 2022, engulfed Ramaphosa in scandal and led to an investigation by financial authorities. Ramaphosa was accused by political opponents of tax evasion and money laundering over the money hidden at his Phala Phala game ranch in the northern province of Limpopo. ....
South Korea's financial authorities are investigating global crypto exchange OKX for potentially operating illegally within the country, according to local news reports. ....
On December 4, the Financial Stability Board (FSB) published a report titled “Enhancing Third-Party Risk Management and Oversight: A Toolkit for Financial Institutions and Financial. ....
Delivery platform Dolly.com suffered from a ransomware attack recently. Despite paying the hackers with a ransom, the customer data got leaked in an instant. ....