AML / KYC

Enforcement

RBI Monitoring Suspected Fraud Case at IDFC First Bank

By Nithya Subramanian | 24/02/2026

The RBI is closely overseeing the investigation into a INR 5.9 billion fraud at IDFC First Bank, reassuring depositors that their accounts remain secure.

AML / KYC

India to Fast-Track Money Laundering Investigations

By Nithya Subramanian | 24/02/2026

Enforcement Directorate to file 500 chargesheets this fiscal year and target completion of investigations within two years.

AML / KYC

AUSTRAC Publishes Proposed Funding Model for 2025-26

By Mark Johnston | 24/02/2026

The regulator is seeking stakeholder feedback on its proposed funding model, which exempts Tranche 2 entities pending a future comprehensive review.

Sanctions

Australia Sanctions Russian Crypto Firms as EU Package Stalls

By Manesh Samtani | 24/02/2026

Australia's measures designate several virtual asset service providers, while in Europe, Hungary has vetoed the EU’s 20th sanctions package.

Sanctions

Australian Sanctions on Russia Undermined by 'Blood Oil', Asset Loopholes

By Manesh Samtani | 24/02/2026

A parliamentary inquiry has heard that loopholes for refined oil and hidden assets, plus weak enforcement, are undermining the sanctions.

AML / KYC

BSP Inks Info-Sharing Agreements with Other Agencies to Combat Scams

By Sanday Chongo Kabange | 23/02/2026

The agreements, based on the new Anti-Financial Account Scamming Act, aim to speed up investigations while upholding existing bank secrecy safeguards.

Fintech / Regtech

RBI Probes UPI Autopay as Court Scrutinises Wider Fraud Risks

By Nithya Subramanian | 23/02/2026

The regulator is examining recurring payment issues, and the Delhi High Court is tackling systemic fraud concerns.

Sanctions

New Zealand Pushes Cook Islands for Quicker Action on Sanctioned Vessels

By Sanday Chongo Kabange | 20/02/2026

New Zealand has been pressuring the Cook Islands over the slow removal from its ship registry of 'shadow fleet' vessels linked to Russia and Iran.

Enforcement

Stolen Bitcoin Returned to South Korean Prosecutors - Reports

By Manesh Samtani | 20/02/2026

Authorities believe the thief returned 320.88 BTC because of prosecutors' efforts to coordinate with crypto exchanges to prevent any cash-outs.