AML / KYC

Enforcement

South Korea FSS, Police, Uncover $13M Cambodia-Based Investment Fraud Ring

By Mark Johnston | 10/11/2025

South Korea's FSS said 54 members of an organised ring were arrested for impersonating a UK firm to defraud investors.

Securities / Derivatives

Pakistan Allows Brokers to Operate Trading Accounts for Minors

By Mark Johnston | 10/11/2025

New rules developed under SECP guidance outline broker compliance, funding, and trading prohibitions for under-18s' accounts.

AML / KYC

Scams Cost Indonesia USD 3.3 Billion Annually, Report Finds

By Manesh Samtani | 10/11/2025

New GASA report highlights the scale of fraud, with bank transfers being the top payment method and growing calls for FIs to reimburse victims.

Sanctions

Australia Joins US in Issuing New North Korea Sanctions

By Mark Johnston | 10/11/2025

Australia said the action is intended to apply pressure on North Korea’s illegal revenue generation networks and address its persistent challenges to security and stability.

AML / KYC

Philippines Authorises Migrant Worker Officials as AML Investigators

By Mark Johnston | 10/11/2025

The move aims to combat money laundering and human trafficking targeted at overseas Filipino workers by empowering DMW staff.

AML / KYC

Bangladesh Dissolves Boards of Five Banks in State-Led Rescue Merger

By Mark Johnston | 10/11/2025

BB has formally initiated the resolution process for five Shariah-based banks, after 76 percent of their total disbursed loans defaulted.

AML / KYC

Mining the Blockchain: Lessons from the Prince Group Laundering Case

By Nathan Lynch | 10/11/2025

The US DOJ’s case against Chen Zhi, chairman of Cambodian-headquartered Prince Group, has provided a unique window into the role of cryptocurrency in modern money laundering schemes.

Fintech / Regtech

SEBI Urges Tech Platforms to Curb Online Investment Scams

By Nithya Subramanian | 07/11/2025

The regulator seeks stronger verification and labelling systems from social media and app platforms to protect investors.

AML / KYC

Thailand to Launch Data Bureau to Combat Illicit Finance

By Sanday Chongo Kabange | 07/11/2025

New multi-agency body will centralise financial data by December as government declares 'war on scammers'.