AML / KYC

Crypto / Digital Assets

New AML Law to Require Crypto Firms to Register in Sri Lanka

By Editors | 30/09/2025

The CBSL will bring virtual asset service providers under its Financial Intelligence Unit to combat money laundering and prepare for a global review.

Sanctions

Japan Reimposes Iran Sanctions, Requiring FIs to Freeze Assets

By Manesh Samtani | 30/09/2025

The measures target 78 entities and 43 individuals, requiring financial institutions to implement payment controls and enhanced due diligence.

Fintech / Regtech

Thailand Launches 'TouristDigiPay' Sandbox for Crypto-to-Baht Payments

By Editors | 29/09/2025

The SEC is accepting applications for a new programme allowing tourists to convert digital assets for spending via the Thai QR code system.

Sanctions

Former Myanmar Advisor Calls for Broader, 'Go Big' Sanctions

By Manesh Samtani | 29/09/2025

Sean Turnell, a former advisor to Aung San Suu Kyi, describes a 'tottering' banking system and urges a broader sanctions regime to choke off military funding.

Sanctions

UN Sanctions on Iran Reimposed, Targeting Banking and Assets

By Manesh Samtani | 29/09/2025

"Snapback" triggered by European powers restores asset freezes and financial restrictions; China and Russia dispute the move's legality.

Enforcement

Thailand's Deputy Finance Minister Linked to Dirty Money Network - Report

By Editors | 29/09/2025

Vorapak Tanyawong allegedly used Singapore VCCs to conceal the takeover of a Thai finance company that was used to launder scam proceeds from Cambodia.

ESG / Sustainability

Hong Kong Secures First Money Laundering Conviction in Wildlife Trafficking Case

By Editors | 29/09/2025

A 37-year-old man has been jailed for 40 months under an amended ordinance, signalling a new focus on the financial proceeds of the illegal trade.

AML / KYC

HKMA Consults Banks on Framework for Sharing Scam Losses

By Manesh Samtani | 29/09/2025

The proposed framework aims to guide how liability is shared when customers are tricked into authorising payments to fraudsters amid a rise in such cases.

Sanctions

China Sanctions Six US Firms Over Taiwan and National Security Concerns

By Editors | 29/09/2025

China added the companies to its "unreliable entity" and export control lists, citing military cooperation with Taiwan and risks to its national security.