AML / KYC

Fintech / Regtech

Thailand Requiring Biometric SIM Registration to Combat Fraud

By Editors | 26/08/2025

Thailand has mandated the use of liveness detection technology for SIM card registration, aiming to curb rising online fraud.

Enforcement

Taiwan Court Quashes Ex-Mega Financial Chairman’s Forgery Conviction

By Mark Johnston | 26/08/2025

Mckinney Tsai’s conviction, linked to a 2016 AML penalty against Mega's New York branch, was overturned due to a lack of evidence.

AML / KYC

Taiwan Prosecutors Charge 14 in Crypto Laundering Case

By Mark Johnston | 25/08/2025

Prosecutors have charged individuals linked to the CoinW and BitShine exchanges in Taiwan's largest-ever crypto laundering and fraud case.

AML / KYC

South Korea Uncovers KRW 137B Illegal Foreign Exchange Ring

By Mark Johnston | 25/08/2025

South Korea's customs agency has apprehended ten individuals accused of siphoning money abroad illegally.

AML / KYC

OJK Indonesia to Bar Scammers from Banking and Job Access

By Nithya Subramanian | 25/08/2025

The financial regulator will blacklist digital fraudsters from banking and job access through its anti-scam centre, after scam losses hit IDR 4.6 trillion.

AML / KYC

Hong Kong Banks Target Laundering Through Business Accounts

By Nathan Lynch | 25/08/2025

Hong Kong banks are seeking to balance financial crime prevention with the need to support business growth and SMEs operating in the city.

Trending

JPMorgan to Pay Malaysia $330m in Final 1MDB Settlement

By Editors | 23/08/2025

The deal resolves all outstanding claims and follows a Swiss conviction of the bank's unit for AML failures linked to the scandal.

AML / KYC

Global Laundering Syndicates Targeting Australian Real Estate: AUSTRAC

By Nathan Lynch | 22/08/2025

Australia is tackling a surge in illicit funds as global crime syndicates seek to exploit its stable economy and booming property market, ahead of the "Tranche 2" AML/CTF reforms.

Enforcement

India Reconstitutes and Expands Mandate of Banking Fraud Advisory Board

By Mark Johnston | 22/08/2025

The reconstituted Advisory Board for Banking and Financial Frauds will have to review all public sector bank frauds over INR 30 million before criminal probes can begin.