AML / KYC

Sanctions

Australia Issues New Sanctions Guidance for Gatekeeper Professionals

By Sanday Chongo Kabange | 24/03/2026

New guidance outlines due diligence and reporting obligations for ‘gatekeeper’ professions, with strict liability offences effective from July 2026.

Sanctions

US Charges Three in $2.5bn Scheme to Divert AI Tech to China

By Nithya Subramanian | 24/03/2026

The indictment alleges executives and a broker used a Southeast Asian firm to bypass export controls on high-performance computer servers.

AML / KYC

Cambodia Prosecute Dozens More Suspects from Scam Compound Raids

By Sanday Chongo Kabange | 23/03/2026

A Phnom Penh court has charged 65 individuals arrested in a 10 March raid on a scam centre. A separate raid on 17 March saw a further 19 arrests.

AML / KYC

Vietnam Charges 83 in Major Online Trading Fraud; Payment Firm's Chair Implicated

By Sanday Chongo Kabange | 23/03/2026

Hanoi police have dismantled a fraudulent trading ring that defrauded investors of over VND 1.2 trillion, charging the chairman of a licensed e-wallet company.

AML / KYC

Philippines Proposes AML Revision Bill Targeting Digital Assets, Online Gaming

By Sanday Chongo Kabange | 23/03/2026

New bill seeks to significantly strengthen the Philippines' AML framework, expanding its scope to VASPs and online gambling, and granting powerful new tools to the FIU.

Sanctions

EU Study Calls for New Global Rules to Address Organised Crime Groups

By Manesh Samtani | 23/03/2026

European Parliament report urges the FATF to tackle illicit finance from state-linked criminal groups, highlighting gaps in international law.

AML / KYC

Global Raid Shuts 373,000 Dark Web Sites Run From China

By Manesh Samtani | 23/03/2026

Chinese national allegedly ran a network offering fraudulent cybercrime services and taking payments in Bitcoin, prompting a 23-country crackdown.

AML / KYC

Taiwan FSC Targets AML, Property Speculation in Latest Industry Review

By Sanday Chongo Kabange | 23/03/2026

The FSC H2 2025 examination report details common failings in AML, consumer protection, and cybersecurity across 12 financial sectors.

AML / KYC

Bank of Thailand Mandates Stricter Checks on Large Cash Withdrawals

By Nithya Subramanian | 22/03/2026

Financial institutions will be required to conduct enhanced due diligence on cash withdrawals of THB 5 million or more from April 2026.