AML / KYC

AML / KYC

Myanmar Tightens Corporate Rules to Combat "Terrorism" Threat

By Nithya Subramanian | 06/09/2025

Myanmar's Directorate of Investment and Company Administration is ordering companies to submit extensive new information, including bank account details and directors' home addresses.

AML / KYC

UnionBank Goes Live on Philippine Open Finance Pilot for Pensions

By Editors | 06/09/2025

UnionBank is among the first to launch a BSP-led initiative using consent-based data sharing to simplify retirement account opening.

Sanctions

FATF Should Police Ship Registries to Curb Sanctions Evasion, Says RUSI

By Manesh Samtani | 05/09/2025

The FATF should assess flag states to close loopholes used by sanctions-busting 'shadow fleets' from North Korea and others, RUSI argues in a new report.

Fintech / Regtech

BIS Develops Prototype to Analyse ISO 20022 Payments Data

By Manesh Samtani | 05/09/2025

The Project Keystone platform, a joint effort with the Bank of England, offers modules for liquidity, economic, and fraud analysis using ISO 20022 payments data.

AML / KYC

Singapore Summit Calls for United Front Against Scams

By Nathan Lynch | 05/09/2025

The GASA Summit in Singapore this week brought together experts from government, non-profit organisations and regulatory bodies to dissect this evolving threat.

AML / KYC

Interpol Issues 'Silver Notice' to Trace Assets of Indian Drug Fugitive

By Editors | 05/09/2025

The notice, the first of its kind for India's Narcotics Control Bureau, targets the proceeds of a Dubai-based trafficker.

Enforcement

Singapore Invokes OCHA in First Directive to Meta over Facebook Scam Ads

By Nithya Subramanian | 04/09/2025

The move marks Singapore’s first use of new online harm powers, targeting a surge in scams impersonating senior officials that cost victims SGD 126 million in H1 2025.

Fintech / Regtech

Philippine Bankers Association Developing New Scam Blocking Protocol

By Sanday Chongo Kabange | 04/09/2025

The new protocol will incorporate AI and big data analytics to facilitate real-time alerts and fund blocking once scam-related activity is reported.

Sanctions

US Indicts and Sanctions Chinese Chemical Firms Over Opioid Trade

By Manesh Samtani | 04/09/2025

A federal grand jury indicted four Chinese companies and 22 nationals. OFAC sanctioned one firm and two individuals in a coordinated action.