AML / KYC

AML / KYC

Korea Sees Record Account Suspensions Over Voice Phishing Scams

By Editors | 12/09/2025

Over 150,000 accounts were frozen in five years as authorities consider legislation to make financial firms partially liable for scam damages.

Fintech / Regtech

HKMA Flags Digital Fraud as Higher Priority Than Crypto, CRE Risks

By Manesh Samtani | 12/09/2025

Arthur Yuen said at the FT Live Asia Banking Summit on Thursday that the impact of digital fraud on the broader economy and social fabric is systemic.

Sanctions

US Sanctions China, UAE Firms in Largest-Ever Action Against Houthi Networks

By Manesh Samtani | 12/09/2025

OFAC sanctioned dozens of entities and vessels involved in Houthi fundraising and weapons procurement, while warning of secondary sanctions risks for FIs.

AML / KYC

AUSTRAC’s Retreat in Entain Case Highlights Complexity of Compliance

By Nathan Lynch | 12/09/2025

AUSTRAC’s rare retreat in the Entain civil enforcement action highlights the AML/CTF Act’s complexity, writes Nathan Lynch.

AML / KYC

UN Warns Organised Crime Using FDI to Infiltrate Timor-Leste

By Sanday Chongo Kabange | 11/09/2025

A UN report details how crime syndicates are using legitimate investment frameworks to establish scam centres and launder money.

AML / KYC

1MDB: Malaysia Recovers $8.57m Linked to Jho Low

By Nithya Subramanian | 11/09/2025

This is part of global 1MDB recovery efforts that have so far brought back more than MYR 31 billion in misappropriated assets.

Fintech / Regtech

FSC Taiwan Urges Banks to Balance Anti-Fraud Measures

By Nithya Subramanian | 11/09/2025

Banks are asked to refine their fraud prevention measures using a risk-based approach to avoid unduly disrupting financial services.

Securities / Derivatives

Hong Kong SFC Partners DFSA on Cross-Border Fund Supervision

By Sanday Chongo Kabange | 11/09/2025

The agreement between the SFC and DFSA enhances supervisory cooperation for asset managers operating between the two financial hubs.

Crypto / Digital Assets

Vietnam Launches 5-Year Pilot to Regulate Crypto Market

By Sanday Chongo Kabange | 10/09/2025

The new framework sets high capital requirements for service providers and restricts the issuance and trading of new crypto assets to foreign investors.