AML / KYC

    Market Infrastructure

    China Proposes Overhaul of CIPS Rules to Bolster Risk Controls

    By Manesh Samtani | 09/07/2025

    To support the yuan's expanding international role, the proposed regulations shift to principles-based oversight and give the system operator greater responsibility.

    AML / KYC

    AUSTRAC Sets Out Expectations for Incoming AML Reforms

    By Editors | 08/07/2025

    AUSTRAC told industry it does not expect "perfection on day one" for new AML/CTF rules, outlining a phased approach ahead of FATF evaluation.

    Sanctions

    US Attacks on Iran Pose Complex Challenges for Compliance Teams

    By Nathan Lynch | 08/07/2025

    The escalating hostility between the US and Iran has heightened the pressure on global financial institutions to combat terrorist financing.

    AML / KYC

    FATF Warns of Evolving Terrorist Financing Risks, Gaps in Global Response

    By Manesh Samtani | 07/07/2025

    New FATF report warns that 69% of countries are failing to prosecute terrorist financing effectively, as criminals mix new tech with old methods.

    AML / KYC

    India Tightens Rules to Boost Transparency on Corporate Layering

    By Nithya Subramanian | 07/07/2025

    Companies must reveal detailed ownership structures under revised CRL-1 for, taking effect on 14 July.

    Sanctions

    UK Regulators Publish Alert on Russian Sanctions Evasion Network

    By Editors | 07/07/2025

    UK regulators issue detailed "red flags", naming individuals and entities in Singapore and the UAE involved in sanctions-busting schemes.

    AML / KYC

    MAS Penalises Major Banks in S$3 Billion Money Laundering Probe

    By Manesh Samtani | 05/07/2025

    MAS has penalised nine financial institutions, including Credit Suisse and UOB, for significant AML control failures linked to a major criminal case.

    Enforcement

    India’s CBI Summons Bank Officials in Major Cyber Fraud Crackdown

    By Nithya Subramanian | 04/07/2025

    The CBI has launched a nationwide probe into over 850,000 suspected mule accounts linked to cybercrime, amid concerns of insider collusion and weak KYC controls.

    Sanctions

    US Sanctions Singapore Firm in Crackdown on Iranian Oil 'Shadow Fleet'

    By Editors | 04/07/2025

    The US has sanctioned a Singapore-based firm as part of a major crackdown on networks facilitating billions in Iranian oil sales.

    AML / KYC

    SFC Fines Arta Global Futures and Suspends Ex-Directors for AML Breaches

    By Editors | 04/07/2025

    The SFC has penalised Arta Global Futures and suspended two former senior executives over systemic AML and trading surveillance failures.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team