AML / KYC

Enforcement

Macau Regulator Opens Probe into Alleged Fraud at Local Bank

By Mark Johnston | 16/03/2026

The AMCM is investigating a local bank after a lawmaker filed a complaint alleging MOP 208 million in client losses.

Crypto / Digital Assets

Sri Lanka Court Orders Central Bank to Stop Crypto Outflows

By Editors | 16/03/2026

Colombo court directs CBSL to prevent illicit capital outflows, pointing to regulatory gaps in the Foreign Exchange Act.

Fintech / Regtech

BOJ Paper Outlines Role of Verifiable Credentials in Digital Finance

By Manesh Samtani | 16/03/2026

New report details how verifiable credentials could streamline KYC and secure transactions, highlighting the new vLEI standard for corporate identity.

Enforcement

India Freezes Over 90 Accounts in IDFC First Bank Fraud Probe

By Editors | 16/03/2026

The case involves the alleged siphoning of government funds through shell firms, bogus billing, and with the assistance of former bank employees.

AML / KYC

New Zealand Proposes Banks Bear 85pc of New AML Levies

By Sanday Chongo Kabange | 16/03/2026

The government has launched a consultation on funding its AML/CFT regime, with high-risk sectors set to cover most costs via a new levy system.

Capital / Liquidity

Cambodian Bank Suspension Stokes Fears of Deeper Regulatory Issues

By Manesh Samtani | 16/03/2026

APD Bank’s five-day service freeze has drawn analyst scepticism, while Phillip Bank has moved to quell market rumours amid heightened regulatory scrutiny.

Crypto / Digital Assets

South Korea Passes Law to Protect Crypto Scam Victims

By Mark Johnston | 15/03/2026

The National Assembly has amended legislation requiring virtual asset exchanges to monitor suspicious transactions and compensate victims of digital financial crimes by October.

Fintech / Regtech

New 'Digital Lutera" Malware Bypasses UPI Security in India - Reports

By Nithya Subramanian | 13/03/2026

A cybersecurity firm has detailed a new attack method, Digital Lutera, that circumvents SIM-binding, enabling large-scale fraud on India’s digital payments network.

AML / KYC

Former Hong Kong Councillor Jailed for Laundering Scam Proceeds

By Sanday Chongo Kabange | 13/03/2026

The conviction for laundering HKD 590,000 highlights the ongoing risks from telephone scams targeting vulnerable individuals in the city.