AML / KYC

Sanctions

US Hits Iran's 'Shadow Banking' Network With New Sanctions

By Manesh Samtani | 11/07/2025

The US imposed new sanctions on a network of companies, including many in Hong Kong, for facilitating illicit oil sales and funnelling funds to Iran's Revolutionary Guard.

AML / KYC

New Zealand Authorities Launch New Anti-Scam Alliance

By Sanday Chongo Kabange | 11/07/2025

The initiative establishes a formal structure for government agencies, banks, telecos, digital platforms, and consumer groups to share data about scams and shut them down in real-time.

AML / KYC

Compliance Deadline Looms Large for Australian Gatekeeper Professions

By Nathan Lynch | 10/07/2025

Australia’s two-decade tango with the FATF has left “Tranche 2” businesses with little time to waste in the lead-up to 1 July 2026.

AML / KYC

Hong Kong Launches 3rd Iteration of Anti-Scam Consumer Protection Charter

By Sanday Chongo Kabange | 10/07/2025

The “Charter 3.0” establishes a collaborative framework for combatting financial frauds and scams that also includes tech firms and telecos.

Enforcement

Philippines Moving to Quickly Rein In Online Gambling

By Nithya Subramanian | 10/07/2025

President Ferdinand Marcos Jr. has signaled support for tougher regulation and possible taxation of online gambling as lawmakers push for bans and stricter controls on e-wallets.

Enforcement

Korea to Launch AI-Powered ‘One-Strike-Out’ System for Unfair Trading

By Manesh Samtani | 10/07/2025

A new joint task force will use individual-based surveillance and AI to freeze accounts, impose heavy fines, and ban manipulators from the market.

AML / KYC

UK FCA Finalises New Rules on Politically Exposed Persons

By Editors | 10/07/2025

For financial groups with operations in the Asia-Pacific region, the new guidance clarifies the application of these rules on a global basis.

Crypto / Digital Assets

Crypto Derivatives Exchanges Warned of Threat to Insurance Funds

By Manesh Samtani | 09/07/2025

A new report details how attackers exploit design flaws to drain platform reserves and urges proactive surveillance.

AML / KYC

Japan FSA Publishes H1 Data on Online Brokerage Fraud

By Editors | 09/07/2025

Data from the FSA reveals that the unauthorised stock sales peaked in May, but the trend reversed sharply in June following widespread warnings.