AML / KYC

    Sanctions

    FATF Adopts First Mutual Evaluation Reports Under New Methodology

    By Manesh Samtani | 27/10/2025

    The FATF also removed four countries from the 'grey list' and adopted new guidance on asset recovery and emerging risks from AI and deepfakes.

    Securities / Derivatives

    SEBI Proposes Standardised KYC for Mutual Fund Folios

    By Nithya Subramanian | 27/10/2025

    The regulator aims to tighten KYC compliance and prevent operational lapses by requiring full verification before first investments.

    Fintech / Regtech

    UN Convention on Cybercrime Signed by 65 Nations

    By Manesh Samtani | 27/10/2025

    The pact aims to streamline cross-border data sharing and fight digital crime, but critics warn it could enable transnational repression and harm cybersecurity.

    AML / KYC

    Belgian Court Clears Extradition of Mehul Choksi to India

    By Nithya Subramanian | 26/10/2025

    An appellate court approved India’s request to extradite Mehul Choksi, who is wanted in connection with $1.54 billion fraud at Punjab National Bank.

    AML / KYC

    Singapore Court Jails Ex-Citibank Banker in $3b Money Laundering Case

    By Nithya Subramanian | 24/10/2025

    Wang Qiming has been jailed for forging documents and aiding illicit fund movements linked to Singapore’s largest money-laundering case.

    AML / KYC

    Thailand Freezes Cambodian Assets, Minister Resigns Amid Scam Probe

    By Nithya Subramanian | 24/10/2025

    Thailand’s AMLO has frozen over THB 70 million in assets, while the deputy finance minister has resigned following allegations of receiving illicit crypto payments.

    Crypto / Digital Assets

    Korea Forms 9-Nation Alliance to Dismantle Financial Scam Hubs

    By Manesh Samtani | 24/10/2025

    The 'Breaking Chains' operation will target virtual asset fraud and voice phishing syndicates based in Southeast Asia, with Interpol also participating.

    AML / KYC

    AUSTRAC, Pacific FIUs Deepen AML Push on Crypto, Child Exploitation

    By Sanday Chongo Kabange | 24/10/2025

    A new intelligence guide and shared technology aim to help financial institutions detect emerging regional financial crime threats.

    Sanctions

    US, EU Broaden Russia Sanctions, Targeting Energy and Finance

    By Manesh Samtani | 24/10/2025

    New measures target Russian oil giants Rosneft and Lukoil, with specific designations for Chinese oil refineries and a Hong Kong-based oil trader.

    AML / KYC

    BNM Mandates Written Notices for AML-Linked Account Closures

    By Nithya Subramanian | 24/10/2025

    Banks must issue written notices detailing reasons and appeal rights for accounts flagged under AML and scam suspicions.

    JOIN OUR NEWSLETTER

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