AML / KYC

AML / KYC

Australia’s Financial Complaints Authority Appoints First Chief Scams Officer

By Sanday Chongo Kabange | 01/04/2026

David Lacey will lead a new multi-party dispute resolution service, holding banks, telcos and digital platforms to account under a new government framework.

Fintech / Regtech

Regulatory Lag Leaves Australia Open to 'Upstream' Crime Threats

By Bradley Maclean | 31/03/2026

Senior financial crime leaders warn that while threats are increasingly global and sophisticated, domestic regulatory frameworks and information-sharing mechanisms are failing to keep pace.

Sanctions

FinCEN Proposes Rule to Formalise Whistleblower Payouts

By Manesh Samtani | 31/03/2026

The proposed rule would offer awards to whistleblowers, including non-US persons, for tips on financial crime if they result in successful enforcement actions.

AML / KYC

Bangladesh Sets New e-KYC Framework for Insurers and Capital Markets

By Sanday Chongo Kabange | 31/03/2026

The BFIU has issued a new directive requiring a digital, biometric-based KYC process by the end of 2026.

AML / KYC

UK Freezes US$107 Million in London Property Linked to Chinese Fugitive

By Sanday Chongo Kabange | 31/03/2026

The action utilises an Unexplained Wealth Order, placing scrutiny on anti-money laundering checks within the UK’s luxury property market.

Crypto / Digital Assets

Sweeping AML/CTF Reforms Take Effect in Australia

By Manesh Samtani | 31/03/2026

The reforms expand the AML/CTF regime to lawyers, accountants and other professional and property sectors, and introduce new travel rule obligations for value transfers, including crypto.

AML / KYC

Japan Proposes Mandatory Information Sharing for Banks to Combat Fraud

By Mark Johnston | 31/03/2026

The FSA has released draft amendments requiring deposit-taking institutions to share data on fraudulent accounts through a centralised platform.

Fintech / Regtech

Latest Global Financial Hub Ranking Highlights Importance of Regulatory Certainty

By Sanday Chongo Kabange | 31/03/2026

The latest index reveals a tight race at the top, with Asian centres gaining ground and a clear global demand for predictable regulation.

AML / KYC

Bangladesh Bank Staff to be Charged Over Decade-Old Cyber Heist

By Nithya Subramanian | 30/03/2026

Investigators have identified nearly 70 suspects, including bank insiders, in the 2016 SWIFT network breach.