AML / KYC

Sanctions

Singapore’s AI Ambitions Clash with Cloud Hesitancy

By Bradley Maclean | 08/04/2026

A private roundtable of senior AML leaders revealed that despite regulatory encouragement, internal cultural and technical barriers are impacting AI adoption in Singapore.

AML / KYC

New Rules for Payment Account Names Take Effect in Vietnam

By Editors | 07/04/2026

From 1 April 2026, all payment account names must exactly match official identification information, and bank account nicknames are banned.

Enforcement

Singapore Charges Fourth Executive in Probe of Illicit Nvidia Chip Exports

By Nithya Subramanian | 06/04/2026

The case highlights growing US pressure on Southeast Asian hubs to enforce export controls on advanced technology destined for China.

Enforcement

Korean Banks Face Signficant Annual Costs for Fraud Compensation

By Mark Johnston | 06/04/2026

Proposed legal amendments that would force financial firms to compensate fraud victims could cost financial firms up to KRW 281.1 billion annually.

AML / KYC

Japan Toughens AML Rules to Combat Mule Accounts and 'Dark' Part-Time Jobs

By Sanday Chongo Kabange | 06/04/2026

Proposed legal amendments will increase penalties for illicit bank account trading and introduce new police powers to combat rising fraud and money laundering.

AML / KYC

SC Malaysia, MCMC Ink Pact to Fight Investment Scams

By Nithya Subramanian | 06/04/2026

The regulators will use AI and enhance intelligence sharing to combat fraudulent schemes exploiting digital platforms.

Securities / Derivatives

Korea Simplifies Foreign Investor Onboarding With New LEI System

By Mark Johnston | 06/04/2026

The Korea Securities Depository has launched a real-time certificate service, replacing cumbersome translation and notarisation requirements for account opening.

Trending

Japan to Launch System for Sharing Fraud Data in April 2027

By Manesh Samtani | 03/04/2026

The initiative aims to accelerate the freezing of accounts used for financial crimes amid record losses from scams.

AML / KYC

AUSTRAC Orders AML/CTF Audit of Payments Firm mHITs

By Sanday Chongo Kabange | 03/04/2026

AUSTRAC has ordered an external audit of mHITs Limited amid concerns its transaction monitoring is failing to manage serious risks, including child exploitation financing.